Today´s Market August 21, 2013


The NDX-100 once again tried to rally right after the opening but could not keep the impulse as the Fed Minutes were due at 2:00 PM. Bloomberg mentioned that Federal Reserve policy makers were “broadly comfortable” with Chairman Ben S. Bernanke’s plan to start reducing bond buying later this year if the economy improves, with a few saying tapering might be needed soon, minutes of their last meeting show. RIght after the announcement the market dropped significantly followed a dead cat bounce closing 0.35% negative. On the other hand, WTI OIL hang on to the downtrend closing at 103.82

Today´s Profit USD 800 (Portfolio Size: USD 25,000)

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