GDP Numbers Come Up Short for Q2 But Q1 Revised Upward
Some market doom and gloomers have been screaming about a GDP miss this morning but it all appears to be a timing issue to me, considering the strong revision upward of the Q1 figures. I’ll have a post this weekend about why the doom and gloomers may have it wrong. Personally I have had negative bias about the prospects of the economy and have written about it multiple times however nobody sees everything – and I caught on to something the other day that has been churning in my brain ever since.
Needless to say the market dumped pre-open only to immediately reverse (following forex trading cross pairs) – currently markets just a little negative. As per normal I will be looking for a turn in the forex trading as my opportunity to visit a binary options broker. I don’t expect a negative swing in forex today however that’s where I see the highest probability opportunity based on the market open. If I don’t see the swing it’s a great day for a round of golf where I’m at today.
Market Dip Presents Binary Options Put Opportunity
Got a dip in the forex market this afternoon which coincided with a falling S&P 500. Question now is whether the plunge protection team (PPT known here at Make300aday.com as Jesus the Miracle Goaltender) will come in to stick save the market into a modest up tick going into the weekend. As per our usual MO we’ll watch the Yen, USD (down) and EUR (up) for signs of… (Jesus) the market turning.
Failing that I figure hold pat and then head out for that round of golf. Still seing blue skies.
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Also Don't Miss Out on the New Binary Options Trading Signals and Free Binary Options Trading CourseOk, come on admit it… you love seeing Jesus the Miracle Goaltender on a Friday afternoon to save the S&P 500 index gains for the week when it’s a given the FDIC is going to shut down at least 4 more banks this weekend. Thank heavens (pun intended) the market is reasonably predictable… otherwise nobody would be making money these days.
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