Day Trading Blog : Priceless

Back to day trading platform, Larry Levin will have a short talk with you guys. There was a lot of economic data today. Let’s have a look-see…

Inflation (CPI)? 100% WORSE than expected? – Check

Current account deficit horrible? – Check

Empire State manufacturing data 145% WORSE than expected? – Check

Industrial Production still in the toilet? – Check

Weekly jobless claims FAR WORSE than expected? Yes, AGAIN – Check

Philly Fed Survey WORSE than expected? – Check Global central banking INTERVENTION ignites the 3rd consecutive preposterous hopium rally with a Dow close of +186 points! PRICELESS!

I dropped the “free market” rhetoric years ago. Have you?

Trade well and follow the trend, not the so-called “experts.” Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters.




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