Wednesday, 5 March 2014

Who fears Russia?! Not Wallstreet

Dear Friends,

It seems like the world is not paying respect to any drop in the stock market. Yesterday DOW drops 160 points. But all those drop is erased in today's 200 points up move now in mid noon in US.

This stock market like what we suggested, simply is tremendous!

With yesterday's great ISM report, it does seem that this month might continue to be a good month. The last hurdle to clear will be the non farm payroll on friday. My guess is that the non farm payroll on friday might be slightly below expectations.

However I just can't see the DOW falling much this month! Not when the FED and Yellen continues to be so "accommodative" on the monetary policy.

Our last article on Yellen being my hero
http://www.danielloh.com/2014/02/janet-yellen-is-my-new-wall-street-hero.html

The market needs to have a bigger problem than this RUSSIA scare to really knock it off the bullet train track!

What can happen in march?

I just can't seem to see any problems yet! Can you?

Rgds
Daniel
www.danielloh.com

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