Random Walk Trading.com
Thursday
April 16, 2015′
1-855-RWT-0008
TM
Prepared by the good people at Random Walk, LLC.
Closing Prices From Yesterday
1–855–798–0008
Today’s Number(s)
Yesterday and Today
Yesterday
Week economic numbers are keeping the bond market at 1.86% in the 10 year, and earnings are keeping the stock market at all-time highs.
Last week I stated that there is NOTHING to be afraid of in the stock market. The market was waiting for earnings after having gotten over the fact the Fed is not going to raise rates. Earnings have been so discounted in expectations that if the company’s doors are still open the stock will move higher.
The three things that ANALists were afraid of is a strong dollar and weather. First, if the county is not liking a strong dollar it can always give up its position as the world’s reserve currency. And if weather is a reason for bad earnings then no company would ever survive as we have freakish weather all the time. I am only surprised that the drought in California is not being blamed for potentially lower profits in Silicon Valley. Opps, did I give the geniuses their net excuse?
TODAY
It is a little tricky predicting the market on any give day for the next two weeks, unless a big sell-off comes one day. If that happens it is probably safe to be a contrarian an get long on the close. But over the next week or two, as more earnings come in, we will make NEW HIGHS in the Dow, SPX and NASDAQ.
After that, though, I am petrified. There are no more BS reasons to overlook how bad the economy really is, how broke an useless the Fed is, and how retarded our current Presidential candidates are going to be. We need to clone Kennedy (D) or Reagan (Repub).
Collaborative Earnings Estimates By The Geniuses
Predicting the S&P 500
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
Somebody must have read Clinton’s book and took a page out of the Vince Foster an Ron Brown suicides ā both shooting themselves n the back of the head multiple times. Brown at least had his plane crash in case the bullet wounds didn’t do the job.
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.
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