May 9, 2008 | Posted by Jorge The action today was anemic. Now I understand what folks like Dinosaur Trader and others complain about when the markets behave like today. It also didn’t help that oil reached a record $126.22ish at its high. Visa took another hit today, down another 4 points. It’s reaching my entry/exit target of ~$81. My feeling is [...]
Categories: Equities, Futures, Portfolio Progress | 
Tags: Crude, NQ, Visa | 
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May 7, 2008 | Posted by Jorge Another rough day and once again it’s inexperience that causes me so much pain. Today additional funds were deposited into my account, finally giving me access to futures trading. My first NQ futures trade was successful, no matter how small the victory. Subsequent attempts at trading the NQs resulted in failure.
Trades taken: 5 x NQ
P/L: [...]
Categories: Futures, Market Pulse, Portfolio Progress | Tags: Futures, NQ | Comments
May 5, 2008 | Posted by Jorge Futures are looking a bit lower this morning. Sometime last night futures spiked down about 20-30 points for some reason. My guess is the Asian markets had opened up and were hedging against potential downside this morning but it’s anyone’s guess.
Visa’s looking weak this morning with pre-market action taking it below $82. I will most [...]
Categories: Equities, Financial Website, Futures, Market Pulse | Tags: Futures, Option Addict, Visa | Comments
January 30, 2008 | Posted by Jorge Today the FOMC meets after last week’s 75bp emergency rate cut. My thoughts? They have to cut 25bp. A no cut would result in the markets collapsing while a 50bp cut would limit their hands even more so than they are now. And it’s probably time the FOMC took control of [...]
Categories: FOMC, Futures, Investing Resources | Tags: | Comments