The Fed’s surprise move yesterday has changed the financial landscape. Their is an old saying on Wall Street which says don’t fight the Fed. Clearly that was the case yesterday. While the Fed is doing everything in it’s power to ensure the economy does not implode the immediate reaction is the US dollar selling off […]
Tag Archives | John Kurgan
John Kurgan
John Kurgan has over 24 years experience in the investment business with the last 19 years of his career spent at MF Global or its predecessor Refco Futures. His extensive knowledge and experience in the complex world of futures has proven to be of great benefit to clients during these very uncertain times. John’s investment […]
Friday the 13th Markets
For all you superstitious traders we are Friday the 13th and also the last trading day before the Ides of March (15th). It doesn’t get and more spookier than that. Yesterday’s huge up move was a continued combination of short covering and sideline cash that does not want to get left behind. The question one […]