A recession in the next 3-4 months is not yet in sight (for now). This indicator is a combination of leading Indicators all available at the FRED Data website.
One might argue about its scientific validity ... I am not claiming any!
however it did help me out during the last downturn ...
I really thought it was set to go back below the 1.00 threshold this time! ... However it did not. PMI isn't significant di per se. Always consider it in a framework with other indicators. A move below 1.00 is however sure not something to cheer about!
Business Activity index on the decline (for the first time since mid 2012). Risk of a (at least) 5-10 correction increasing in coming months). Considering buying some insurance by selling OTM call and buying OTM puts.
Hi guys, I just decided to share some of my macro indicators with you. I hope to receive some constructive feed-backs (hopefully better than those I received in the P/L 2013 forum ... that made me decide to quit elitetrader).
U.S. economy is IMO still in Expansion Mode ..... .... however ...
"Doesn't your paper-trading app have a net column?"
Nice attitude dude! LOL! ... No, Xtrader from TT ...does not show net profits! ... you ever used it?
If you want want to pick up a fight ... well .. .try with someone else!
If you want to follow me ... ... here is my twitter page
https://twitter.com/unemon1
Hopefully ... someone is willing to join/support our mission against Chinese Fraudsters!
It's disgusting what Chinese Scammers have been allowed to do in the U.S. !
Of course .. .results are in ... italian lira!!! ... lol ...
1 lira = 0.00068 USD! ...
just pulling your leg ... ... of course reported results are in USD.
Thanks!! I am impressed too ... Still waiting for the - 15k day though! It's probably around the corner!!
with respect to all the "!!!!"... ... and "..." ... well ... it has noting to do with excitement! ... it's simply the way I write! ...
Lol! ...
You should see m posts on Yahoo...
Nope. Never traded it before ... ... but I might trade it in the future ... ... It's a market that I don't know ...so ... ... I would need some time to learn it's dynamics and peculiarities.
but hey! ... .. never say never!
Probably should I stop for the week! another good day today ... +24k
I don't really want to give back this week's gains to Mr. Market! ... so ...not so sure I'll be trading tomorrow!
PS: I trade 6 different Markets, financial and energy futures.