Today was one of my most frustrating days in trading in a very long time. This is the kind of day where I should make money, especially after Friday’s action. I came into the trading day unprepared and out of step. I cut my UUP and FXY positions loose early for a loss. They were […]
Friday saw a huge reversal in the late afternoon upon news that Obama would appoint New York Federal Reserve President Timothy Geithner as the next Treasury secretary. Obama plans to announce the rest of his economic team on Monday. The market may welcome this news, as it takes away some of the unknowns of […]
There’s nothing to add to today’s market action, it speaks for itself. The market continues to break down at a stunning rate.
There was a trigger from the Watchlist, it was a short trade of course, not common on this site. It was AAPL, which offered a gain of 6%. It looks like it could continue […]