I have to write about today… have to get something off my chest.August 1st, 2011
I remember the first month of live trading at my prop firm. We (myself plus 11 others) were all trainees pikering around with a few hundred shares, risking no more than $150 for the entire day. We spent our morning prep sessions going over stocks gapping […]
Surveying the Fed’s handiwork during last week’s press conference, Janet Yellen noted that all was awesome except that stocks were now slightly “on the high side” of their historical range. You can say that again! In fact, you can say that any one capable of uttering such tommyrot has been totally bamboozled by Wall Street’s sell-side con artists. Yes, the […]
MomentumOptionsTrading.com Midday Update for 8/1/2014Bears Breaking Bad12:20 p.m. (EST)Futures were volatile throughout the night and were higher ahead of the overseas market opening, but got progressively worse ahead of Wall Street’s open. Dow futures were down over triple-digits at one point, but made a dramatic turnaround following a weaker-than-expected Non-farm Payrolls number.The drop to 209,000 jobs added came in worse-than-expected, […]
