By Mark So on March 20, 2014
937AM
Hi All!
Janet Yellen and the Fed did what they were supposed to do but went a few steps further. Read more »
By Mark So on March 19, 2014
923PM
Hi All!
One trade (short USD/CAD) got stopped out today. Here’s the screenshot:
17 Trades remain, 7 of which are long term (3 weeks more or less) and they’ve barely budged today as the market has been waiting for the FOMC statement later on another $10Billion Taper and continue to keep interest rates below 0.25% which almost everybody and their uncle already expects to happen. Read more »
By Mark So on March 19, 2014
828AM
Hi All!
With Ukraine on the back burner and as the market tries to return to normalcy, traders will be watching the BoJ press conference today very closely and of course what the Fed taper announcement tomorrow morning will bring. Read more »
By Mark So on March 18, 2014
946PM
Hi All!
Looks like the Crimean crisis has been diffused a little and the market is now shifting focus on economic news elsewhere. Read more »
By Mark So on March 18, 2014
849AM
Hi All!
The sanctions from the US and EU seem to be limited (for now) to just visa bans and asset freezes on a few Russian officials and the impact is seen as non-threatening to the over all world economy. Read more »
By Mark So on March 17, 2014
936PM
Hi All!
For those who were not able to read what I wrote this morning, please read it now:
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After the Sunday’s referendum on Crimea voting to join Russia, the Unlitrades remain little changed as the situation is still tense. Read more »
By Mark So on March 17, 2014
942AM
Hi All!
After the Sunday’s referendum on Crimea voting to join Russia, the Unlitrades remain little changed as the situation is still tense. Read more »
By Mark So on March 14, 2014
10PM
Hi All!
Unlitrades continue to trade deep in the red throughout the day and we are not even through the worst of it. Read more »
By Mark So on March 14, 2014
1057AM
Hi All!
I’m back at my desk and as promised here are the trades as it stands now:
I am holding for the day (and probably over the weekend) For those who have not entered, I would advise to just wait for my next update tonight at 10PM. Read more »
By Mark So on March 14, 2014
9am
Hi All!
Unlitrades took a beating from the 3 elements mentioned however I am still holding despite as the trends and fundamentals are still in tact. Read more »