This gives you an idea how much HFT algo's are a part of the new trade dynamic. It makes absorption of the AGO/BAC realities a bit slower.
This just translates to opportunity for actual humans who can act ahead of the programs.
You are correct, in the old days the entire group would be up larger just on that news. For that matter the performance of housing in general would have had a more rapid effect.
Slow is good though. Time for retail types to ease back in to the huge potential opportunities like MTG.
md
Sentiment: Strong Buy