The Central bank of Japan has mentioned that is allowing the rate to move just a bit higher Link to REUTERS “https://www.reuters.com/article/us-japan-economy-boj/boj-to-loosen-grip-on-yields-lay-groundwork-for-stealth-tapering-idUSKBN2BA2RP?il=0” The NDX is about 4% for this week high and my systems are looking now for short opportunities. The option system are mainly in cash with little risk. My view is that the
I was personally not impressed with the strength of the bears yesterday. The large break had little volume and it did not continue agresssively on Asia nor Europe. I will keep a mental note of that. Of course, this does not mean that more selling pressure could take the market much lower in the next
Estimates provide deeper insight and analysis on a product/segment basis. From April 28 to today the estimates growth trend have changed form -40% to a -54%. This data should have repercussions sooner or later in stock pricing and overall stock market valuation. So far analyst are valuing that companies will be able to make loss revenue in