Whenever something from the F_E_D or F_O_M_C comes out there's an immediate knee-jerk reaction, in almost every case it's wrong.
I had to take a small loss on the AAPL position, but nothing in the intraday timeframes were confirming even with the F_E_D leak, I decided to use the upside momentum to sell in to.
At the fill the loss on AAPL calls was -9.6%.
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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