admin@RandomWalkTrading.com
1–(855)–RWT-0008
Tuesday December17, 2013
Only 4 weeks until the FIRST Maui ’14 class.
The second one is a week later. 
ONLY NEWS TO WORRY ABOUT THIS WEEK:
Fed Rate Decision on the 18th at 2:00pm Eastern
(See more about this in “Today” section below)
The Dow closed up 129.21 at 15,884.57.
The index had been up as high as 15,930 but pulled back as the TLT went from up 0.50 to down 0.38 on the day.
AAPL was up 3.07 at $557.50.
The VIX was up 0.27 at 16.03%.
The TLT was down 0.38 at 102.38.
Metals were smashed once again.
GLD = 119.69 up 0.31
SLV = 19.22 at 0.27
TSLA closed up 0.286 at 147.94.
DDD 81.29 up 0.32 (52 week high = 84.85)
VJET 37.13 down 0.67 (52 week high = 70)
Yesterday
The markets rose on strong economic conditions in Japan, small technical factors, value buying that has to be done before the end of the year, and a little less pessimism about the Fed possibly tapering. This is not a given that follow through will continue. The Dow was up over 170 points but gave back 50 points near the close as the bond market start to fall a little.
Also, I am going to start reporting the closing numbers for some 3D printing companies. They are a wild ride right now.
Today
Not even going to try to guess. Today is the first day of the Fed meeting. Tomorrow is the second day, and then at 2:00 pm the decision is released. Tomorrow at 2:00 is the big top. My opinion about the Fed’s tapering tomorrow is explained in yesterday’s update.
For those who leg in and out of trades, don’t get caught forgetting about the 10am housing number. The markets are hyper sensitive to data today and tomorrow, as if the housing data today is going to change the Fed’s decision after 3 years.
Tomorrow
No, the above headline is not back from September, though it is the same thing we saw every day in Sept. This was yesterday. We are not done with jittery markets after Wednesday Fed announcement. In a few weeks we start with a whole new group of problems.
PLEA
Please tell someone you know that they do not have to be a victim in the government created stock market bubble. I don’t care where they learn to hedge from. Send them somewhere else if you like. Buy them our BASICS book for Christmas. Buy them someone else book But help a friend out.
The Verdict is In!
Last week’s POT session we voted on a couple of items.
POT Mini-Class
on Legging into expiration synthetics and butterflies is going to be held February 20 – 21.
POT Schedule (Next classes)
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Catastrophe Planning & When Things Go Wrong
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Legging Into Put Protection Butterflies
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Scott Lights It Up
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Advanced Currencies.
Contract the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
(Never a joke, but always funny)
____ ____ ____
Can you believe it? The government has illegally been violating our 4th amendment right for 5 + years now, and a judge finally agreed yesterday. But it only applies to 2 people.
Attorney Stuff
DISCLAIMER (Seriously!)
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