Jobless Claims Entry Opportunity

At Evil Speculator we’re always hiring, not in the sense that we’re employing anyone, but no matter where you live, how old (or young) or whatever your skin color may be, everyone is free to participate. Just with any other acquired skill, e.g. playing the piano, walk on a rope, program a computer, etc.) the best way to become a trader is to actually trade a real account on a regular and consistent basis. Of course not everyone has the makings of a top notch trader but given enough time, effort, and most importantly discipline I am confident that you will gradually see your performance improve.

For everyone else there’s either academia, to start a business, or last and most definitely least to exchange your time for money at some more or less mind numbing day job. Speaking of which, the new initial jobless claims are in and apparently the official numbers (like them or not) show us at 222k, way below the expected 240k. Back in the old days this would have provided a big boost to equities but unfortunately we are now living in upside-down-inside-out world:

Big drop lower already in the previous hours – did someone get those numbers early? Anyway, I’m taking a long position right here with a stop below 2541.75. Caveat: don’t chase the bounce too high, I’m sure that it’ll gyrate around here a for a bit, thus affording you a decent entry opportunity. Position size is going to be 0.5% only as this qualifies as ambulance chasing, so we’re taking on a bit more volatility risk in exchange for a potential squeeze higher.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a full subscriber then don’t waste time and sign up here. FYI – a Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.