Friday, April 29, 2011

Mkt update

Hey folk

So my forecast of the stocks till year end are going higher for the US indices. The commodities will also move higher. US dollar however, would move lower. That is a natural reaction when the Dollar is lower commodities move higher. Bonds price will continue to move lower too.

Hot money are moving back to the US. So i expect Asia to be a lagger or follower. And the rising price of crude, have lead to businesses feeling the heat in emerging economy in Asia.

Economy recovery are not all rosy. The US govt is using certain tools to move up the stock market some one have to pay the price. The US dollar are paying the price. This will sure lead to higher commodities price which lead to high inflation. At some point when the whole situation turn right, US govt will raise interest rate. US dollar will move higher. The commodities will put in their top, the situation will be back to normal again.

However the situation is. However you dislike it. Please do not let your emotion take control of that. Trade as what technical analysis tell you to.