CFRN S&P 500 ES Emini Daily Broadcast for Monay 04/13/15Concierge Alerts - Can It really last ''forever"?
Last night's Alerts sounded like Chinese New Year during the 3am hour. 3am EDT IS the new Wall Street Open sans people.. Is this an anomaly, a flash in the pan, or Flash Boy turned Panhandler based on the Efficient Market Theory?First is was the Random Walk
(but you can call me Randy) Theory that foretold of the end of Wall Street as you and I knew it. Even Burton Makkiel himself, seemed a little less sure of his "theory" decades later when he appeared on our show to discuss his latest revised edition, by the same name...Random Walk Down Wall Street
I was scolded during last night's Globex Open - Main Event
by a man we'll call "Tom" (his call not mine), because I had not yet made $100m. Tom is to the internet and trading, what mumblers are to shopping carts and hot blistering street corners
January 10, 2012 I penned the following op-ed
Big rally off the London open and then quiet as a Church mouse on Wall Street. Globex is no longer a shadow market for shadow traders. Volume is still thin but more and more it is proving itself to be the engine that drives the global economy. Wall Street just keeps the motor running... at least for now. Ultimately we will see a market that never really sleeps. When that happens, let's hope the lack of rest doesn't turn our new found global economy into a Zombie-fest.... (to be continued...)
We've posted Charts here and on Twitter for some of the markets. I;m running behind on Concierge Alerts so it may take until tomorrow...Highlights #Crude
up $1.00 on the Alert - $1,000,000.00 per contract. #ES
Up 20 ticks+ #Russell
up 20 ticks+ #Gold
up 20 ticks +
more to come....Be Nice
Today's Broadcast drove home the point that Trading is (or should be), a means to an end, not an end unto itself. People who are obsessed with themselves, rarely think of anyone or anything other than themselves... tend to be the most unhappy, depressed, struggling class of folks despite their financial standings.
On the other hand, those who invest their time and effort comforting and caring for those less fortunate than themselves, seem to be filled with an unexplained, indescribable, joy unspeakable. Is this possible?
Is it merely a case of fake it to you make it? Could a highly educated man or women with nothing more than a mud hut for a home actually realize their life expectancy is only 43 years and they themselves are knock knock knocking on 40's door?
It's not a theory I studied, or a philosophy I pondered. It's a walk of faith taken at the end of a 24 hour trans-continental flight. With the hustle and bustle of Heathrow Int. nothing more than a distant memory (while in reality only 8 hours behind), as our wheels touch the tarmac sunrise split the eastern sky. Landing easy, stomach queasy....
This is Entebee. We are the only scheduled incoming flight that morning, any morning for that matter. No fellow tourists or freedom fighters milling about sharply in the gift shop that isn't. Just fatigues (a peculiar word). Yards and yards wrapped around men. Tall men, hard men, men of a different color (or the absence of color I suppose) no smile, no humor, just shiny combat boots laced tightly and guns.
Guns on parade. Short ones and tall ones, great ones and small ones. Pistols for the up close difference of opinion, rifles for snipers on roof tops and in gun towers... machine guns, carbines, magazines galore (not Parade), but none struck me that morning in quite the same manner as the lone and lonely hand grenade swinging loosely from the belt of each government soldier.
Some were old enough to have soldiered for Amin, some so young their face had not met their first morning razor. Ito be continued...)