after the ceo said anf wants thin ppl on may third, stock actually went up, great opportunity. initiated a short at the top, and stock is down 8% after earnings due to lower sales. markets definatly did not price that in.
Anticipating a USDJPY reversal? The last few times that the ATR were this high, there soon came a reversal. The markets are waiting/consolidating for next BOJ governor and further actions from the government. Follow the trend once it breaks this consolidation
VIX at multi year lows, and I think the markets are complacent. The S&P is as high as during the dot com bubble and as 07 before the bubble burst. What warrents it to be this high? Not fundamental growth or spending, but resolution of three main crises, US, Europe, and China. Yet, growth in 2013 is nothing for certain, but the market seems to be poised for a...
*Safe-haven flows drove AUDUSD high over EZ worries in summer.
*High AUD is hurting export oriented economies.
*More RBA rat cuts to come.
Enter at 1.04908
Stop at 1.0600
Target at 1.025