On Fridays the market does what it wants, better not to operate.

TTT said:
Yes ... better not to operate because the intraday fails more than a fairground shotgun.
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If you mean today, I disagree. This price action was Trump, pure and simple. Trump is the wildcard for the markets now, so volatility will be there now that he's more active in affecting global policy. (Read: trade war)
 
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Thank you I had not noticed.
You never know what this man is going to say.
Unexpected news is a problem in the intraday.
 
Overnight said:
If you mean today, I disagree. This price action was Trump, pure and simple. Trump is the wildcard for the markets now, so volatility will be there now that he's more active in affecting global policy. (Read: trade war)
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He managed to keep his mouth shut for 3 days. Something of a record. But he just couldn't get past the week.
 
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lindq said:
He managed to keep his mouth shut for 3 days. Something of a record. But he just couldn't get past the week.
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What pisses me off about this week is that it was his own Stephen Munchin dude who said on Wednesday that they were going to try to restart trade talks with China. That caused a 50-point spike up which I missed, but it resolved right back down to pre-announcement like an hour later. Then yesterday, I made a grand on the general idea that the trade war risks were abating. Now today, Trump himself blabbered about imposing the tariffs he hinted at (before Munchin spoke on Wednesday), in private, someone leaked it, and I got clobbered, lost almost all of yesterday's profits. What a waste, all because this jackass has a personal agenda.

Ahh, the fun of trading in the midst of this shit.
 
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