There was a lot of economic data today. Let's have a look-see…
1. Inflation (CPI)? 100% WORSE than expected? – Check
2. Current account deficit horrible? – Check
3. Empire State manufacturing data 145% WORSE than expected? – Check
4. Industrial Production still in the toilet? – Check
5. Weekly jobless claims FAR WORSE than expected? Yes, AGAIN – Check
6. Philly Fed Survey WORSE than expected? – Check
7. Global central banking INTERVENTION ignites the 3rd consecutive preposterous hopium rally with a Dow close of +186 points! PRICELESS!
I dropped the "free market" rhetoric years ago. Have you?
1. Inflation (CPI)? 100% WORSE than expected? – Check
2. Current account deficit horrible? – Check
3. Empire State manufacturing data 145% WORSE than expected? – Check
4. Industrial Production still in the toilet? – Check
5. Weekly jobless claims FAR WORSE than expected? Yes, AGAIN – Check
6. Philly Fed Survey WORSE than expected? – Check
7. Global central banking INTERVENTION ignites the 3rd consecutive preposterous hopium rally with a Dow close of +186 points! PRICELESS!
I dropped the "free market" rhetoric years ago. Have you?
Trade Date: 9/14/11
E-Mini S&P Trades*
(before fees and commissions):
E-Mini S&P Trades*
(before fees and commissions):
1. No "Secrets" trades filled today.
2. Algorithm positions (12)
3. "Reading the Tape" positions (19) ...combined Secret's, Algo, & "Reading the Tape" total...+9.00
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