A few more hours till ROFLMAO week!

Day 1

USD/CAD down .87% to .9539
AUD/USD up .33% .92130
Crude @ 93.64, up 1.78
Gold @ 794.5 up $7
S&P @1,540.98
US Dollar index @ 76.79, a new record low
Inflation 1.1%, down from 1.2%

What kind of hilarity will tomorrow bring? Stay tuned and happy trading.
 
Quote from Spectre2007:

The FED has more data and the best people crunching numbers that money can buy.

So thinking you know how FED policy should be enacted is a little presumptuous.

The market itself is forecasting FED policy in terms of bond rates, bond rates are at close to all time lows, which implies confidence in FED policy.
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Confidence in Fed policy? The market would be fine with YOU being the Chairman as long as you cut rates. Everyone knows what he's doing is wrong, but no one cares as long as free money can be made!
 
Quote from The Kin2:

It's only a few more hours until Asia starts trading and kicks off what will be one of the most hilarious trading weeks. Ever. The comedy will climax on Wednesday with the Fed rate announcement.

I expect a major selloff in the dollar and decent increases in crude to kick off the festivities. Who knows what excitement will come next.
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Looks like I was a few months too early with ROFLMAO week. This definetly takes the cake.
 
Quote from scriabinop23:

so tell me, how do you dynamically hedge a knockout option in an environment like this? :)
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Please visit IV's "prayer" thread. The answer "you can't" remains. ;)
 
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