Trading Nymph's Stock Trading Diary

Talk about a coin flip of a market tomorrow, all of this is on whether Ben B hints at QE or doesn’t. Oil is still in strong rally mode going into API data tomorrow night AND the correct date for Options X for oil futures. Tonight Shanghai Comp is in rally mode off its recent lows with hopes of Stimulus coming,  Shanghai futures were actually down a small bit. Germany is getting the ZEW survey tonight. Going into the europe session we are in rally, eur/usd at 1.2298 and 1.0302 for aud/usd, Australian Auto sales are down just like our retail sales, everyone is smelling QE talk for today. WTI oil is at 88.28 and brent 103, funny Oil is the only thing a bit weaker. Merv King is being grilled in the UK over LIBOR tonight.

July 2012