Bernanke talks.......and markets trying to interpret.
Futures are down on Bernanke "non speak".
Wall street will spend first half of trading day to get 100 interpretations of what Bernanke said.
Second half of the trading day will be spend on the fundamentals of the markets.....which is very strong.
In pre market GOOG,AAPL trying to show strong leadership with GREEN...which is good for PM trading.
I am adding more Oil & Gas to my portfolio..............did someone say "hurricane season".
Shanghai A as expected SLUMPED another 7 % for a total of 23% downdraft...before Institutions said "enough is enough"...to erase 7 plus added another 3+....its like magic 10% Up from the LOW.
Worldwide markets are strong,Hang Seng & Nikkei both closed GREEN.
Today futures are just adjusting to minor overbought conditions @ open.....later it will be business as usual....bull is a bull...
Good luck on your trades.
BLOG does not give buy or sell.
Saleem
No comments:
Post a Comment