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Insiders club - 10.31.2014 Bookmark

10.31.2014

I thought I was seeing things.

I woke up at 5:45 and as usual, flipped on the monitors on the way to the coffee pot. What I saw simply didn't register in my sleepy eyes. Was that the futures up 200 points?  No, couldn't be....

I got my coffee, and stumbled back to the computers. Sure enough it was the DOW futures up 200 and the S&P was up 24. Obviously something major had been said or done overnight. It only took about a minute to find the culprit and it was Japan. In a move that could only be called "all in", Japan has announced they're going on a QE spree as they've never done before, looking to inject 80 TRILLION yen into their system.

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