Daily Market Snapshot
 |
| Gains held for two days. This is a plus. |
The Woody Indicator
(Volatility Indicator)
 |
| Volatility came back into safe zone. |
Market Direction Model
 |
| Improvement across all major US markets. |
The Correction seems to have been shallow and short-lived. After adding positions in most folios, we are now about 50% invested. A lot of market moving news is due out tomorrow, US employment report, Greece debt resolution deal, China decision on interest rates, etc
If the headline news is favorable, the markets should stage a nice advance tomorrow. If we get bad news, the market will sell off. I am expecting good news.
No comments:
Post a Comment