June 23, 2008 | Posted by Jorge This week should promise to be full of excitement as the FOMC meets Tuesday and Wednesday to decide the fate of the U.S. economy. Well perhaps not the fate, but they will decide on new interest rate policy. At this point, any further rate cuts will probably signal financial suicide, so expect the FOMC not [...]
Categories: FOMC, Financial Website, Futures | 
Tags: Economic Calendar, FOMC, Futures | 
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May 9, 2008 | Posted by Jorge My focus this week was on Visa. Earlier in the week, I tried to short, figuring it was near the top. While I was wrong at the time, I was right overall. The past couple of days has seen Visa drop about 10%. Perfect play.. wrong time of entry.
Futures trading is pretty exciting. I’ve only [...]
Categories: Portfolio Progress | Tags: Futures, Visa, Weekly | Comments
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