Friday 30 March 2012

Bad Miss in Jobless Claims and GDP again pulls the Market Down

Dear Friends,

Today is a Redful Day. 71% of stocks are declining compared to 16% advancing. Both Jobless Claims and GDP miss the expectations by analysts.

Let us hope that 2moro's Chicago PMI data and Monday's ISM data is good. If not, expect more backlash. Please hold your trigger since the major reports will be out 2moro. I am waiting for a good Jobless claim data today. But it sure disappoint.

The strategy now is to hold the trigger and wait for Manufacturing Data to determine the next move.


Apple 5G phone will be a revolution! How do you take advantage of this hype?

Dear Friends, It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed ...