Wednesday
February 25, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Today’s Number(s)
Yesterday and Today
Yesterday
A quiet day as Yellen testified to the Senate about her plans for ending the QE program’s rate stabilization and about having the Fed audited.
TLT/BONDs had sold off prior to Chairman Yellen’s speech but fears of rates increasing in the next month or two subsided. This allowed the bond market to run higher (lower rates) with the TLT approaching 130.
As Yellen spoke the market slowly glided higher, and closed with a new all-time high in the Dow and the SPX. The Nasdaq is still a few points away from a century mark, and that is being watched closely by the markets.
OBAMA vetoed the Keystone Pipeline bill. Anything that got the US off of dependency from the Middle East, lowered gas prices, and created American jobs just had to be vetoed. Joking aside it was a political move because the bill was proposed by Republicans, and Obama seems to want to go down in history as the most partisan president in history despite campaigning to be the exact opposite. This sent oil prices (believe it or not) lower.
TODAY
No opinion. Crude inventories are out today, and despite our stock market gradually disconnecting from Crude, it could still be a factor today. Yellen also spoke on housing prices yesterday mentioning how prices are going up. She did NOT mention that they are going up with no sales taking place. If we see a lack of sales and the market doesn’t expect it, we could fall a little. Yet this market is strong as can be despite the boredom that appears to be prevalent.
POT CLASS TONIGHT
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
Defiance of other American politicians. Yea….That is what we want in a leader. Oh, and acquiescence towards terrorists. That is the daily double. This is apparently a president that intends on doing NOTHING for the last two years of his term.
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I feel so bad for Kerry. No one likes to be treated with the same treatment they dish out. Kerry accusing someone of lying is like Clinton accusing someone of cheating on his wife, or Dick Cheney accusing someone of being a bad shot, or Joe Biden accusing someone of swearing too much. But you kind of have to like Crazy Joe Biden nonetheless.
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Attorney Stuff
DISCLAIMER (Seriously!)
Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the Daily Planet newspaper.
We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesnāt mean a thing. The future is even scarier. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.
Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time. We will sell products, but advise against buying them. We Do Not Give Advice.
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All paper trades are SOLELY for example and to illustrate how certain strategies could perform without the benefit of hindsight and back-testing. You agree NOT to trade based on anything we say, do, write, advertise, etc. If we were smart we would be teaching high-school math and making the really big bucks. You agree to abide by the laws of your country and that it is legal to accept this transmission.
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Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).
Our products are written ONLY by floor traders, fund managers and retired floor traders. But that really doesnāt mean much. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. . If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made. Nothing we do is audited and we make no promise of accuracy.
Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.
Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). āThank yousā are only handed out in countries where legal and void where prohibited. If your country does not allow āthank yousā please refrain from accepting it. This disclaimer is copyright material and not a joke.
