Random Walk Trading.com
Thursday
March 19, 2015
1-855-RWT-0008
TM
Prepared by the good people at Random Walk, LLC.
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Closing Prices From Yesterday
Today’s Number(s)
Yesterday and Today
Yesterday
A HUGE DAY. The mood all changed in 2 minutes.
Since Friday March 6 the market has been jittery and experiencing strong swings on concerns the Fed would be hinting at an interest rate increase as early as June. Yesterday Yellen stated that there would be no rate increase in April, took out the word āpatienceā, but clarified why. This was enough for the markets to reverse from being down at 17,697.52 to close at 18,076 ā a 400 point range.
The announcement has the Euro/USD jump huge ā by over $0.03. Oil reversed from being down about 1 to up 2. The TLT (bonds) went from unchanged to up 2.49, which is a HUGE move for this product and brings the 10 year bond yield down to about 2% again.
In short, all the people who last week were proclaiming āWe have not had a 10% correction since 2011, and this could be itā look like they were a tad premature.
TODAY
AAPL Goes into the Dow today.
Technically we SHOULD see some follow through and new highs being made, BUT we have a lot of numbers out in the morning that can scare people into guessing when Yellen will raise rates. Nothing would be funnier than if we sail back down 400 points back to where we started. At that point raising rates would do less damage than avoiding it. But we will have to see.
POT is held each Wednesday night at 7:00pm eastern.
A short 100 minute class last night covering our positions, the long deltas we sold out on the close, etc. We also went into more on the E-minis.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
How about mandatory healthcare? Opps, did that.
How about eradicating prayer in school? Opps did that?
How about tearing up the constitution? Opps, in progress.
How about that transparency he promised? Not quite there yet.
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Attorney Stuff
DISCLAIMER (Seriously!) All data above is provided for informational purposes only. Random Walk makes no guarantee as to the accuracy of the data.
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, 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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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.
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Pleas read http://www.optionsclearing.com/about/publications/character-risks.jsp
