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Articles for: ProfitSource
US “good news” economic reports arrived at the end of the weekend and the markets came off.
When considering the options market the trader faces the choice of either the local Australian market or the U.S. Options market.
The US markets partied big time last Friday showing no signs of wanting to ease up.
Company earnings season is well under way in the USA and generally reports have been well received by the “street”.
Even though the US market ran strongly on Friday there are doubts still lurking.
Whilst you are snow skiing or sunning yourself on the northern beaches yours truly is head down at an Optionetics seminar in Brisbane.
Much profit conversion has been taking place over the last three weeks.
What a “rags to riches’ story Korea (south) has been, although like most global economies there is still some caution about the global economic recovery.
It is extremely difficult to be a successful trader if you don’t have the right frame of mind.
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