What sorts of errors did a young trader like myself make earlier in his career? All of the usual – i.e., expensive – ones. A short list of my mistakes looks something like this:
We believe the Fed will follow what the market is telling us and not tapering would almost be the bigger surprise in our opinion. JAN14 crude oil is down $.84 to $96.66, after not being able to break higher above the $99 level.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
CFTC Commissioner Mark P. Wetjen is poised to be voted acting chairman of the top U.S. derivatives regulator within days.