New claims for unemployment are at recessionary levels, as the financial crisis on Wall Street spilled over to Main Street in noticeable fashion with the seizing up of the credit markets in late summer/early fall 2008
The Tiger
- Options Investing
- KL, Malaysia
- I am a tiger in the game of stock trading. I relentlessly looking for candidates to trade. When it is an inflection point. You would see i am actively participate in the game.
Wednesday, March 18, 2009
Initial claims to be release tomorrow @ 8.30a.m
New claims for unemployment are at recessionary levels, as the financial crisis on Wall Street spilled over to Main Street in noticeable fashion with the seizing up of the credit markets in late summer/early fall 2008
AAPL trade in range bound, How long will it last?
AAPL is in range bound for almost 5 months. Would it break through the resistance in these few days? Given that the recent economic data is much stabilize and investors are more ready for bad news in this bear market rally?
FOMC policy statement will be release later this afternoon and initial claim will be release tomorrow. How will the market respond if the report is not as worse as anticipate?
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