Thanksgiving Holiday Summary

Posted under American Options Trading, Rob Roy - Chief Trader by Rob Roy on Sunday 29 November 2009 at 10:21 pm

Thanksgiving normally gives a very boring, low volume type of trade.  On Wednesday morning, it started just that way.  The market was drifting higher in early trade, with bond yields drifting higher as well.  In the early afternoon however, bondy yields plummeted.  If that was domestic trade, the US markets would have normally sold off but they didn't.  That meant it was foreign money pouring into bonds, so I set out to try and find out what was going on.  Yes, the news regarding Dubai World, the developmental engine of Dubai, had asked creditors for a six

read more


No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

zinwave Wordpress Theme