Brace yourself... because your retirement money is now at serious risk. It all has to do with a new law on the books that's designed to eat away at Americans' retirement funds – quietly and efficiently.
The NYSE, operated by Intercontinental Exchange Inc (NYSE:ICE), provided the reason dozens of stocks on the exchange saw wild action and triggered trading halts at the opening of trading on Tuesday. The root cause of the issue was a "manual error" related to the exchange's disaster recovery configuration.
DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
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