15 Days Until Las Vegas “Watch Me Trade and Ask Questions” Seminar
If you have questions that are detailed and will be best served on slides,
please submit them so that we can have time to prepare for the class.
Great Morning!
Closing Prices From Yesterday
Today’s Number(s)
Yesterday and Today
Yesterday
TRIPLES FOR EVERYTHING. Stocks up 300. Bonds down 3 points. Oil up over $3
In the last two days the SPX has gone from 1981 to 2050 – 69 points. The Dow has gone from 17,044 to 17,660. We have seen some volatility, but oil had moved from a low 46.69 to 54.07. The strength of the USD helped propel us to 18,000 back in December has not been a tail wind now, but it is not needed.
Those geniuses with the Super Bowl prophecy and “As January goes so goes the markets” must be licking their wounds. They would have been better off learning options, though it is not as much fun as watching the super bowl.
TODAY
I have NO idea on a day-to-day basis but it appears the BS January jitter are over, as I said last week. The difference between now and last week is that real buyers are back. We are going to make new highs by the en of the month (is my guess).
Things are still connected to oil, but with oil having bounced so much I expect it to range for a while. It will still have traders nervous on the days it is down, but they will just be keeping an eye on oil out of the corner of their eye (instead of full attention).
POT TONIGHT
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
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And we take flack for water boarding, then giving them three hots an a cot?
BELOW – Lance Douche has his girlfriend take the blame for his car accident while drunk driving?
