December 5, 2014
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC.
Great Morning!
Closing Prices From Yesterday
Today’s Number(s)
Yesterday and Today
Yesterday
The day started out on a big down note with the Dow opening down 100 and the E-minis falling down 12. Mario Draghi was speaking about propping up the European economies, but the world took it as yet another half baked and half committed plan.
Eventually the fear wore off and we climbed back up to positive territory where we vacillated between slightly positive and negative.
TODAY
The big number out today is unemployment at 8:30am. People are expecting decent numbers here. It is hard not to think that way, so one could expect the surprise to the downside. Yet we had that surprise yesterday and the market could not sell off for more than 2 hours. Yet we are only 100 points away from 18,000.
This is a troubling time to get too committed ā at least for me. Decembers usually have 1 brief period of down days before the final draft higher, and we have not had it yet.
POT is held each Wednesday night at 7:00pm eastern.
We have a couple items going out today. A little boost higher in TSLA and we do great. A little boost in SPX and we do great. We will also be playing with the Billy Baroo spread adjustment.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
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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