Today's Economic Data Highlights

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Wed, 01/12/2011 - 08:48 | 869560 firstdivision
firstdivision's picture

So, is it the eminent release of the new POMO schedule that caused a seven handle push up in the markets overnight?  Also, dollar up, oil up?!? 

Wed, 01/12/2011 - 09:18 | 869595 malikai
malikai's picture

Dollar up/Oil up befuddles me. The only excuse I can come up with is Euro down and TAPS broken, which sounds reasonable. The Brent/WTI spread is getting excessive. I'm experimenting with drift plays on my testing account. Its almost as if the new rule with WTI/Brent is for every 5 points up in Brent, you get 4 points up in WTI, while for every 5 points down in WTI you get 4 points down in Brent. Rough numbers of course, but very interesting nonetheless, and definitely exploitable.

Wed, 01/12/2011 - 10:05 | 869670 firstdivision
firstdivision's picture

Looks like a sell the POMO day.

Wed, 01/12/2011 - 08:48 | 869561 steveo
steveo's picture

Tick has continued to fall off its prior ledge, though prices levitate

See our Indicator page, check the pages, I am trying to make them more useful   It all takes time, our most precious resources.

Wed, 01/12/2011 - 08:57 | 869575 Salinger
Salinger's picture

not to overlook the meltdown of MBA purchase applications for last week notwithstanding snow and pestilence


Wed, 01/12/2011 - 09:24 | 869604 David99
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Elite white-collar criminals must be heavily punished
Wed, 01/12/2011 - 09:40 | 869632 malikai
malikai's picture

Correction: Elite white-collar criminals must be punished with high positions in the officialdom.

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