He likes a trade on FX and indices, but is a little scared of those volatile commodities. That doesn’t stop a dabble now and again, but he certainly keeps the deeds to the house in the back pocket when Brent Crude is involved.
This silly zebu can’t decide whether he prefers fundamental or technical analysis, so often makes “technically fundamental” trades. As long as both sides are saying to go the same way, lump on and hope for the best!
The Dow Jones had its second best one day point gain in history yesterday. But it wasn’t all up, up, up. An early 300 point gain was actually wiped out by mid-session. But beginning at 2PM New York time, the Dow soared 800 points in a little over 2 hours, finishing up nearly 11% on the day. What were the catalysts?
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