Random Walk Trading.com
Tuesday
May 12, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC.
Closing Prices From Yesterday
COMPANY NEWS
CNBC Survey:
According to a CNBC survey,
“63% of millionaires surveyed say they’re one stock market crash or lose job away from losing their lifestyle”.
Have a great day!
Below are the major stocks reporting earnings
73% of companies have beat so far
1–855–798–0008
Today’s Number(s)
Yesterday and Today
Yesterday
It was a slow and somewhat predictable day.
Monday’s “Morning Update” stated that it was going to be difficult to run higher after Friday’s run up, which was a little overdone. The market did try to run higher nonetheless. What eventually dragged the market down (in my opinion) was the collapse of the bond market. The TLT fell almost 3 points.
What the media is not reporting is that the bond market is falling the same way the Euro fell last month, and how much oil fell in December and January. The markets are trying to ignore the bonds, but when they are down every day it is difficult to ignore.
TODAY
I am almost upset I didn’t get long on the close today. I find it very difficult to think that we are going to fall once again, the fifth time we made it to all-time highs. The only difficult thing about this market moving too hard and fast is that there are not many real economic numbers this week, and most of the big corporate earnings past or are next week. This might be a slow week, provided bonds don’t die.
Too True To Be Funny
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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Pleas read http://www.optionsclearing.com/about/publications/character-risks.jsp
