Market Event which could bring trading opportunities
Data moved international indexes higher questioning shorts positions on the market. Recovering 100% from the Dic 31st high. Investors sought financial names after JPMorgan’s quarterly results kicked off bank earnings on an upbeat note, while shorter-dated Treasuries fell. Surprisingly strong Chinese trade data offered hope the Asian giant was finally stabilizing, underpinning risk
The market has experienced the worst January and the best recovery of its history during Q1. Volatility and uncertainty has increased no matter what the Index shows. VIX closed at 14 in March. Fed’s QE has caused high prices without creating a real wealth effect: of course this wealth creation was not transferred to the
Stocks rebounded, led by energy shares, as oil prices rose on a big draw in U.S. gasoline and hopes of major producers agreeing to freeze output, while gold dropped. A disappointing 10-year notes auction pushed Treasuries lower. The euro was little changed ahead of the European Central Bank meeting. For tomorrow: The number of Americans



