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Daily Trade Posts

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Wednesday, February 17, 2010

Trade Journal 2/17/10

There were a couple of announcement times this morning, each with multiple announcements. At 6:30 was Housing Starts, Building Permits, and Import Prices. The news was mixed and there was not a lot of movement. I was able to squeeze out 0.25 points (2.5%). At 7:15 was Industrial Production and Capacity Utilization. The news was very close to the consesus, and again there was very little movement. I decided not to trade this announcement due to the lack of movement.

There are some good announcements coming up Thursday and Friday. Hopefully, there will be more movement with these announcements.