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07/29/2014 Live Update
Re: 07/29/2014 Live Update
GDP tomorrow at 8:30 am and FOMC at 2 pm.TraderGirl wrote:I've been away...is there any news or data coming out tomorrow??
The hardest thing to see is what is in front of your eyes.
Trading is the most dangerous human endeavor, short of war.
Trading is the most dangerous human endeavor, short of war.
Re: 07/29/2014 Live Update
Sanctions in slo moOut of Bounds wrote:Obama speaking now (I heard) someone tell us what he is saying...
Re: 07/29/2014 Live Update
members only update at 3:50 pm
http://www.cobrasmarketview.com/2014/07 ... ay-update/
http://www.cobrasmarketview.com/2014/07 ... ay-update/
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Re: 07/29/2014 Live Update
well, guess that's it for today. Wednesday tomorrow has been very bull friendly. thank you guys, I'll see you tomorrow.
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ALdaytrade
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Re: 07/29/2014 Live Update
Is it a positive day tomorrow, TraderGirl?tomsky wrote:GDP tomorrow at 8:30 am and FOMC at 2 pm.TraderGirl wrote:I've been away...is there any news or data coming out tomorrow??
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FOMC nowadays is just a little little bit bear friendly. Down 10 of the last 17. If you insist the data.MrMiyagi wrote:Ah but tomorrow is FOMC Wednesday...Cobra wrote:well, guess that's it for today. Wednesday tomorrow has been very bull friendly.
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TraderGirl
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Re: 07/29/2014 Live Update
Thanks, I have no position, but this is what I am seeing....either corrective of downtrend, or impulsive wave up...normally these 5 waves up have always been bullish...tomsky wrote:GDP tomorrow at 8:30 am and FOMC at 2 pm.TraderGirl wrote:I've been away...is there any news or data coming out tomorrow??
edit: below dotted line would invalidate the 5 waves up....
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jack black
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Re: 07/29/2014 Live Update
The rumor is the GDP will be less than expected 3%.
However, the data could be manipulated easily, as we know the initial number tend to be revised later anyhow.
Either way, there is a potential for major moves tomorrow.
FD: short
However, the data could be manipulated easily, as we know the initial number tend to be revised later anyhow.
Either way, there is a potential for major moves tomorrow.
FD: short
Re: 07/29/2014 Live Update
GDP less than 3% is actually very good news for stocks as it means more stimulus, right? Nowadays, bad news is good, good news is good. Whatever news is good.jack black wrote:The rumor is the GDP will be less than expected 3%.
However, the data could be manipulated easily, as we know the initial number tend to be revised later anyhow.
Either way, there is a potential for major moves tomorrow.
FD: short
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