Trading Log IFMEA

Trading Log IFMEA - further increase as both Ford and other...

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International Financial Markets Eric Auslander *Trades made on 8/31/11 *Report on 8/31/11 Dow Jones Article: http://finance.yahoo.com/news/Dow-up-for-a-fourth-day-turns-apf- = The Dow Jones has looked promising, as it has made consecutive improvement the past four days. I decided to long the Future because for every stock that fell in the Dow Jones, about two stocks rose. This makes me believe that even if the price does not climb at the same rate, it will still rise positively. http://www.bloomberg.com/news/2011-08-31/u-s-stock-index-futures-stage-gain-exxon- advances-after-rosneft-accord.html The S&P 500 has had eight consecutive days with gains. I believe it is going to
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Unformatted text preview: further increase as both Ford and other economic growth companies have had positive yields in their stock. This is why I decided to buy long on this future. Nasdaq 100 http://www.businessweek.com/ap/financialnews/D9PEE6I80.htm Consumer confidence was down due to the uncertainty of the Hurricane Irene. Whether it is bound to go up or down, I wanted to buy a short because I feel like it will take a couple more days for the certainty to reposition itself. 10 Year Notes http://www.businessweek.com/ap/financialnews/D9PEE6I80.htm I bought a short future on the 10 year Treasury note. The yields have been dropping for the past two weeks so I thought a short would be a better option then a long....
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This note was uploaded on 01/19/2012 for the course N.A N./A taught by Professor N/a during the Spring '11 term at UPenn.

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