SuddenDeath
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Had no open position, but was expecting the markets to go up following his speech.
Didn't anticipate such a fall in Euro also.
they want euro lower.
watch out Obama is speaking now.
Had no open position, but was expecting the markets to go up following his speech.
Didn't anticipate such a fall in Euro also.
10:00am strikes - wonder what it is that often causes a flurry of activity at this time
It's Not The Economy, It's Not Earnings, It's The Season - Seeking Alpha
This guy's articles are worth reading.It is interesting what he has to say about Draghi's speeches:
'Quants are now buying all central bank meeting days that don't produce negative developments. In other words, buy the absence of bad news, and buy harder anything that seems market-friendly.'
This may explain why the Dax tends to rally so strongly during Draghi's speeches.
Just opened up a large short position again after covering 1500. Not having this relentless rise