Today´s Market June 12, 2013

NDX1206

The market opened higher trying to recoup some of yesterday´s losses but was not strong enough and ended significantly  lower, reaffirming our strategy to short the NDX on spikes, but at current levels we are cautios as any good economic news may give the market an opportunity to rally. The Dow posted  for the first time this year 3 consecutively negative closings  breaking 15,000 as everybody is worried that central bank stimulus is winding down.

Our trading provided us with a USD profit of 23o (in a USD 25K Portfolio). Check our Past Recomendations

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s