Trading year for you so far. What are some tricks that have really been working this year . You have to differentiate between what you think is gonna happen and whats gonna happen. Now, it took me a long time to do that and i wasted a lot of money fighting what was really gonna happen versus what i thought should happen. And i think a lot of folks have started to take some money off the table worrying about the stock market continuing its march. But the fed is data dependent and we dont believe that were gonna see that data change very much. The u. S. Economy is still in trouble. Theyre still gonna accomodate loose money policies still on the table. The stocks are going to march higher. Whether you think its manipulated or not, thats just the world we live in today. How have you been handling the hedge funds . Theyve been taking these large shots at companies, making a lot of news, a lot of noise. But what have you been doing as a trader with that information . Unfortunately as a trade
Falling 9 points. The commodities fell as well. Gold was down 10 and oil 1. 22. A jury says bank of america is liable for countrywide mortgage fraud. The department of justice called countrywide into quesiton for selling shoddy loans in a program called hustle. Countrywide was a unit of bofa. And t moble is dropping contracts on tablets and instead selling the devices through monthly installments. Todd horwitz of average joe options joins us now. We had a selloff in the market yesterday . Will there be more selling ahead . Good morning angie. It certainly looks like theres gonna be more selling. I think some of the key things you want to take away from yesterdays trading was a little bit of a spike in volatility which we also had on tuesday. I think you wanna take a look at some of the higher fliers who are under a little bit of pressure. So i think that this is just the start of some more selling to come. Were also watching whats going on with crude prices. The price of crude is going
What are some tricks that have really been working this year . You have to differentiate between what you think is gonna happen and whats gonna happen. Now, it took me a long time to do that and i wasted a lot of money fighting what was really gonna happen versus what i thought should happen. And i think a lot of folks have started to take some money off the table worrying about the stock market continuing its march. But the fed is data dependent and we dont believe that were gonna see that data change very much. The u. S. Economy is still in trouble. Theyre still gonna accomodate loose money policies still on the table. The stocks are going to march higher. Whether you think its manipulated or not, thats just the world we live in today. How have you been handling the hedge funds . Theyve been taking these large shots at companies, making a lot of news, a lot of noise. But what have you been doing as a trader with that information . Unfortunately as a trader you have to have better tim
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