Today´s Market June 26, 2013

ndx2606

The market opened higher and whipsawed up and down  until 11:30 when it trended higher until the end of the day closing 0.85% higher. We were surprised the market managed to closed higher as the GDP number was below expectations. Perhaps  traders are becoming less risk averse….time will tell. Tomorrow and friday we expect the markets will move  higher as Mutual Funds and Hedge Funds will try push their performance numbers. Our strategy performed well today but we are changing our stance to neutral.

Today´s Profit USD 130  (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

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