With the financial system falling apart and socialism abounding, Quint takes a moment to discuss a few things.
You caught the news late on Friday and with an eye on your screen and one on the door you saw futures ramping in the after hours. Over the weekend, the news was announced and the subsidizing continued. Of course your initial thought was ‘eh sell the news’ and you continued to enjoy your weekend. Now you fire up ‘ole faithful to see the real deal squeeze fest underway to start out what should have been another lazy Monday.
After a brief respite, Quint is back in the saddle discussing this terrible tape.
After a much needed breather, Quint comes back to Video Land to discuss the current sideways market, and an interesting pair trade that may be boring, but produce some nice results.
Yesterday’s follow through displayed how quickly the mood can change. At this juncture however, it is very important for traders to remain very patient while they wait for prudent set ups to come their way.