The New York Stock Exchange had a good move going into today’s trading session. So much so that it makes me wonder when this negative press is going to catch up to President Trump and his office. It seems like everyone is going kamikaze on him throwing whatever they could throw to see what’ll stick. Nevertheless, there is definitely a palpable sense of momentum. How could traders not feel it? This is a different market than when President Obama was at the helm.
I didn’t trade any other assets today because I didn’t see anything worth trading. Of course, that could change as the day goes on but if I did have some idea it would happen then I wouldn’t have typed up this blog so early. As it is, I think I’ll just lay off trading Feeder Cattle or any of the softs. The cash open though was rewarding. After faltering a little bit on the open, I waited for the indices to hit an oversold level and just took the market for whatever I could take. I was guaranteed that it would be more than my base risk anyway. The market corrected and I left the gambling table with cash.
As you can tell by the title of the post, I am living in the East Coast of the United States which is experiencing a “mega-storm” from Florida up to Boston. I say “mega-storm” in bunny ears because I’ve lived in the Midwestern portion of the counrty and unless you’ve lived there, you have no basis to label anything as a mega storm or bitter cold. Even the cold weather has everyone going crazy. Again, even if you’re from Boston you don’t know what cold is until you’ve been out in the Great Lakes area. The cold there literally seeps into your bones, into your bone marrow down to the molecular levels of your identity and stays there – it is NASTY. Basically, the weather we are experiencing right now and that everyone is losing their shit about is a late spring day on LaSalle street in Chicago lmaooo. However in the spirit of prudence, I still took the time yesterday to do some grocery shopping because I figure it would be nice to eat good food whilst locked in the house with the wife. Sure enough, the grocery store was crowded and I was happy with my snacks in tow until I looked at the clock at saw that it was 9:28AM and remembered I wanted to start trading again that morning. I was like “fuuuuuuuuuuuck”. I felt horrible because you know how I feel about wasted days. I already went a little bit over my allotted vacation time so I needed to get back to the captain’s seat. I’m just thankful that I got out with a profit today. After I upload this post, it’s time for round two of breakfast food and then it’s off to the backyard to get some firewood and sticks in case we have a power outage and I have to use the fireplace.
I know that I should maybe write something about 2018 being a great year and blah blah blah but you know what? Let’s just all jump into work and make money like we’ve always been raking in the millions. Forget 2018 – let’s make money forever and be grateful to big man O.G. (“original gangsta” for the older readers) for the blessings we have!