Stocks have come off there lows and Bonds have come well of there highs, as things settle down slightly before the FOMC rate decision tonight. This has hands down been one of the busiest days Ive seen in the markets for a long while, and hopefully this volatility continues.
My sell in ATNI was just royal f*** up, as it went to trade higher by a further 2.5%, very bad timing on that and in hind site the fact that it was up on a big down day was the biggest clue that I should have held it. But you live and learn.
After my sell in AGCO as well I only have one open position in BIDU. I really do think these markets will come off more so I think I will have good opportunities later on. The effect of the quake and the possible nuclear consequences I think will weigh to much on stocks. Time will tell
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
Tuesday, 15 March 2011
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