Afternoon Commentary

Posted under American Options Trading, Rob Roy - Chief Trader by Rob Roy on Monday 30 November 2009 at 1:34 pm

No fireworks today as some were looking for in the first full day of trade since the Dubai World news broke.  It's still all about the dollar....the dollar was down in early trade and the market was higher, once the dollar started to gain strength the market softened.  Same old song and dance.  That trend is once again reversing as I write this, ie: dollar falling, market rallying.  All in all, not much happening.  It would be positive for the bulls to close back above 1100 on the S&P. 


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Afternoon Commentary

Posted under American Options Trading, Rob Roy - Chief Trader by Rob Roy on Monday 30 November 2009 at 1:34 pm

No fireworks today as some were looking for in the first full day of trade since the Dubai World news broke.  It's still all about the dollar....the dollar was down in early trade and the market was higher, once the dollar started to gain strength the market softened.  Same old song and dance.  That trend is once again reversing as I write this, ie: dollar falling, market rallying.  All in all, not much happening.  It would be positive for the bulls to close back above 1100 on the S&P. 


No Comments

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RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

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