Thursday, February 11, 2016

Yellen Didn't Inspire 2-10-16

As expected market went ups and downs as Yellen was talking.  Indices fall to new low of the day in the final hour. Market was disappointed that she did't imply that Fed would hold off raising rate this year.

I didn't do much trading except closed couple positions on both side. I have more patience now. I also had to deal with the water heater leaking problem. Risk remain elevated as yesterday. Yellen will speak again tomorrow in front of a Senator hearing.  I better stay out of it.

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