Bad news this morning was not bad news. The news media got it wrong and by the time they changed it, it was to late to write the wrong they had done. Then came the so called conference call on Greece and everything is all rosie again. You can't look past a day in this market. If you aren't day trading you better be in cash for now.
Wouldn't it be nice if there was a tv station that actually followed stocks from both a technical and fundamental move. Too much from a reporter and political stand point and most of the time they get it wrong and mislead you.
Bad news this morning was not bad news. The news media got it wrong and by the time they changed it, it was to late to write the wrong they had done. Then came the so called conference call on Greece and everything is all rosie again. You can't look past a day in this market. If you aren't day trading you better be in cash for now.
ReplyDeleteIs anybody aware of a trading chat for day trading TNA during the day??
ReplyDeleteCrazy Market...
ReplyDelete3 bad news reports
Futures are up, probably gap up for the day and keep going...
i dont see that i think today is the turning point go back down to 1140 ish..its having a hard time getting to 1200 and get over it.
ReplyDeleteWouldn't it be nice if there was a tv station that actually followed stocks from both a technical and fundamental move. Too much from a reporter and political stand point and most of the time they get it wrong and mislead you.
ReplyDeleteJoe, that is a great idea. I wonder if there is any demand for that...
ReplyDeleteMaybe a streaming service? I can imagine the bandwidth cost would be the killer.
RMI, see if you like stocktwits.
ReplyDelete