The morning started off with a gap down, then the market recovered. My monthly positions are looking very good right now. After Tuesday the Sept option premium should get sucked out.
The dollar is in the toilet, we are getting ready to drop the fed rate (they do this when the economy is slowing) So let’s drive the market up!! What??
I was greeted this morning with a substantial pop in my P/L numbers. Very nice. The market is moving up towards its 50day MA.
The market is up strong. Although the Fed Chairman had some less than bullish comments in Germany today.
Back from Vegas, looking at the market, and enjoying the 67* weather.
As I sit previewing a week, I am really looking forward to the possibilities. I want to get into the mix and trade, although I needed a 3 day weekend.