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Tuesday, March 16, 2010

Fed Day

Today was Fed Day, where the FOMC meets and then announces interest rates, economic outlook, and monetary policy. There was an announcement at 6:30 this morning on housing which was rather subdued (probably because of the FOMC meeting). I made 1 point (10%) on that announcement. At 12:15 was the FOMC announcement. There wasn't a lot of movement on this announcement either, but I made another point. That's 2 points for the day (20%), which is my best day since I went live. So far I'm up 5.25 points in about a week and a half of trading live.