“What markets looked like today!”
Call spreads, even though priced like a “blue light” special last night, turn in a
muted performance today … it sure wouldn’t have been easy to make
anything being long the volatility strategy … this is the wrong week.
I’m looking at oil this morning, and I’m having a very hard time getting a
“grip” on this market at present … market moves so “Hoover Dam” fast, and
the call spreads are usually not spaced right for limited risk moves, it makes it
very difficult to make high probability trades … ditto in the binaries. Gold for
its part today simply dead … not much of anything happening anywhere, and
with 3 hours to go ‘till the day is over the SP500 with a whopping less than 17
index point range … to say there’s nothing happening anywhere [outside of oil]
is being kind.
If there was something to write about, I’d write about it … there isn’t anything
to this day is the bottom line … we’ll see what tonight’s opening brings [I’m not
optimistic] and then tomorrow … “yes, I know, it’s tough sitting through shit
like this … welcome to the new central bank cartel trading paradigm”! … onto
to tomorrow … until then mi amigos … Onward & Upward!!
Have a great day everybody!
OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
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