Im baaaackkk

Its been a while since I last stopped by WSO. Over the past year and a half I have learned a great deal about myself as a person and what it takes to be a successful prop trader. The short version is its so much tougher than you think. If you cannot clearly communicate your edge to someone in a few short sentences and why it makes money consistently then you dont have one.

I have been away for the market for several months for personal reasons. Can anyone get me up to speed on the major themes currently driving the global financial markets. In particular the US equity markets, and commodities. I will start getting up to speed on my own but I think this is an important exercise for everyone to be able to communicate in simple terms what is going on that matters right now.

Im all ears.

8 Comments
 

in all seriousness europe is still fucked up , banks are about to be laying people off bc of reform bill, fixed income is about to get smashed, high frequency traders are starting to become wall streets whiping boy b/c there was a flash crash accenture went from 40 dollars to 1 penny procter and gamble went from 60 to 40 in 20 seconds, the recession has offical been declared over by NBOER, goldman sachs got sued by SEC for a structured thing bc paulson fucked a foreign bank shorting it, the regulatory agencies got pwnd by congress, and the next short sell will be financials

 

pt 2

kraft hostily took over cadberry, there is now a 10% market wide circut breaker is a equity drops 10% forgot details, there is about to be a student loan bubble, obama wants to spend more OF MY HAARD EARNED TAX DOLLARS!!!, quants are taking over the stock market, imajimahd wenet before the un and said 911 was a inside job, dow jones went below 10k then back up past 10k , federal reserve has no clue wtf they are doing , europe is having a soverign debt crisis still, china and america are about to go in a trade war and rim has annoced a ipad competitor thing that will prob flop

that pretty much sums it up !

 

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