We have a 150 foot asteroid making a near earth pass-by at 2:25, right now, so this is maybe scaring a few traders or....
Or....
"February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company....
To help you decide...
The SPY in green, WMT in red, the started the exact same time.
These are the fundamental surprises that in a highly complacent market like this with everyone leveraged up that can cause pandemonium and why I chose to hold and hedge shorts if need be than try to trade around them, this isn't the time to get fancy, it's the time to stick with probabilities.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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