Wednesday, July 22, 2009

What did you think guys RECAP eco-cal







Well we started off re-eia 64 buy 66 sell
the low was 63.75 the high was 65.75
I shifted down but over I had the range pegged
I did get the wrong take-the EIA is tricky comes in worse than expectations but reads bullish because
the API was so negative the night before not the first time
I think the pace of gasoline build also played a part
as it has been one of the prime factors of late

Today we directed at least 8 winning trades for any member that needed an escort

Oil has shaken off the threat and seems poised to make its way back to 73 there will be some bumps as we are closely tied


I personally got clipped in that AKS call purchase and did not get the stock off as I got a little greedy so my trading went
to pay for those calls

We are returning to the old market the easy money is gone find companies that beat with good revenue
and good estimates to make money in equities















GMTCcyEventsActualConsensusPreviousRevised
23:50JPYTrade Balance (JPY) Jun0.51T0.22T
08:00EUREurozone Current Account (EUR) May-3.6B-5.9B
08:30GBPRetail Sales M/M Jun0.30%-0.60%
08:30GBPRetail Sales Y/Y Jun2.10%-1.60%
12:30USDInitial Jobless Claims555K522K
14:00USDExisting Home Sales Jun4.80M4.77M
14:30CADBoC Monetary Policy Report----
14:30USDNatural Gas Storage63B90B



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