There were announcements on Unemployment and Consumer Price Index this morning at 6:30. Unemployment came in worse than expected, and CPI came in slightly better. The market pushed down a bit, so I thought the bad unemployment numbers would move the market. I got in short, but the market turned around and rallied about 1.5 points. I stayed in the trade for 50 minutes (about 10 times my normal time) and got back to even. I was trying to squeeze out 1/4 point of profit, but got stopped out with a 1/2 point loss. I should have been happy with breaking even and gotten out. Lance did better than me and won 1/2 point.
It was a slow week with only four major announcements. None of them had much movement. I finished the week up 2.25 points (22.5%). There are six good announcements on the schedule for next week. Hopefully, they will be good market movers.
