I’ve just spent the last 5 days in Las Vegas; my first time there. Wow! What a place. I was immediately impressed with the sheer size of it all, especially casino complexes like Caesars Palace and the MGM Grand. While the main reason for the trip was purely for pleasure I couldn’t help but draw a few comparisons between trading
It’s Payrolls today, so strap yourselves in. At FuturesTechs we generally don’t make any bold directional calls on the first Friday of the month, especially in Bond Markets Futures. It’s just such a lottery!!
Many traders put in bids and offers at extreme prices on the numbers, and have said over the years that our levels can be a great
Yesterday’s strong rally has seen lots of head scratching around the traps. A rally of that magnitude in the US Equity markets wasnt exaclty what you expect on the day when several more write downs were seen, including yet another from UBS.
So the question today is whether these gains can be sustained, and we’ll be watching the Marabuzo lines