RE: this week........interest rates.......20 Mar 2022 22:19
Hi CM
Yes indeed, interesting week last week, higher interest rates in US and UK, inflation out of control, oil back above $100, war in Europe & the market rallies, madness
It was quadruple witching on Friday in the US, stock index futures, stock index options, stock options, and single stock futures expire simultaneously, this always has the possibility of creating interesting markets, masses of money trying to move stocks in both directions. Hopefully next week should be a more predictable week
Still happy with the short side trade at the moment, start of the earning season next week in the US, i cannot see massive outperformance of many companies in this environment
I agree, Putin does not seam the type of lunatic to say 'right enough is enough we'll all go home' there is a lot more to come
The 10.50 trade was a single lot of 238,913 shares a nice round £1m , someone has conviction. lol
Safe trading
W.