I've always gone by the saying trade what you see not what you think, and I see things reversing. We are having more heavy down days, lead by big losses in the Nasdaq especially. Im currently long 4 stocks in the portfolio, and AGCO seems to just move with the market having been up 10% on this I'm almost flat, I'm trying to let things run but in this case didn't work out. I'm looking to short but haven't found anything I like yet so still on sidelines on that.
After the curve shifting last week, spreads have stayed very steady this week with not much volatility which was disappointing given Trichets remarks last week. Its been difficult to leg in and out of spreads with much fluency.
So all in all been a relatively quiet week, although I did trade NZD rate decision and manage to get short and take a few pips which was one of the upside moments.
Tomorrow we have CAD employment and US retail sales for catalyst for the markets, hopefully they will be good.
Subscribe to:
Post Comments (Atom)
Front month WTI Futures plunges to negative $37 as storage costs rocket
It was a move of epic proportions in the front month WTI Crude futures, the significance of which is not really known of yet, but was incre...
-
Much has been said about the new phone and the response on the surface seems exactly how you would expect it to be. Regardless of what Appl...
-
In the previous ECB meeting we had a split decision on whether to cut rates further or not but today Mario Draghi said the council decided ...
-
With the raft of poor data out this morning, we got some strong selling pressure in all parts of the curve. The 2s-10s spread hit an all tim...
No comments:
Post a Comment