CL Redux
- Thread starter schizo
- Start date
http://www.bloomberg.com/news/2013-...s-fluctuate-before-fed-as-apple-advances.html
U.S. Stocks Rise as (LOWER) Retail, Confidence Data Fuel Fed Bets
1/ U.S. stocks ROSE as data showing ' LOWER retail sales and consumer confidence' fueled bets the Federal Reserve will MAINTAIN stimulus'
2/ âIt still seems that the Fed has CREATED this good news is bad news, bad news is good news scenario," Randy Bateman, who oversees $15 billion as chief investment officer of Huntington Asset Advisors in Columbus,
3/ <b>retail sales dropped 0.1 percent last month, </b>restrained by the biggest decrease at auto dealers since October 2012. Wholesale prices unexpectedly fell in September as food costs retreated. Inflation has been running below the Fedâs 2 percent objective in the near-term, giving policy makers room to maintain monetary stimulus.
4/ A separate report showed confidence among U.S. consumers <b>declined in October by the most since August 2011 as the budget impasse and debt-ceiling negotiations in Washington took a toll on outlooks.</b>
U.S. Stocks Rise as (LOWER) Retail, Confidence Data Fuel Fed Bets
1/ U.S. stocks ROSE as data showing ' LOWER retail sales and consumer confidence' fueled bets the Federal Reserve will MAINTAIN stimulus'
2/ âIt still seems that the Fed has CREATED this good news is bad news, bad news is good news scenario," Randy Bateman, who oversees $15 billion as chief investment officer of Huntington Asset Advisors in Columbus,
3/ <b>retail sales dropped 0.1 percent last month, </b>restrained by the biggest decrease at auto dealers since October 2012. Wholesale prices unexpectedly fell in September as food costs retreated. Inflation has been running below the Fedâs 2 percent objective in the near-term, giving policy makers room to maintain monetary stimulus.
4/ A separate report showed confidence among U.S. consumers <b>declined in October by the most since August 2011 as the budget impasse and debt-ceiling negotiations in Washington took a toll on outlooks.</b>
Quote from NoDoji:
You might have a point there.
ADD: I don't think any of us should put any money into it. Pinkman got all the good stuff and should share with us!
Pinkmans' actually had a rather unimpressive day, despite that +50.
Although, that was ALWAYS gonna happen, due to the fact that yesterday I won on 9 out of 10 trades.
Having alternating winning and losing days wouldn't in itself be that unusual for someone without an edge, but the fact that my 'winning days' are typically 90% winning trades followed by a losing day of 90% losing trades does seem strange to me! There's rarely a mix. I'm either hitting it out of the park, or i'm getting killed, lol.
It's like the market alternates between two 'behaviours', one behaviour per day.
Theoretically i'll do very well tomorrow and should then not trade on Thursday!
Long 98.06