This is not the time to be fully invested. Over the next five days, earnings and economic data is likely to provide enough clarity to develop and analytically well-grounded investment plan. In the meanwhile, consider continuing to hold existing positions and lots of cash. Remember that you will not be able to take advantage of
Asia and USA flat on the day and Europe closed +2% on the day. Hang Seng Futures marked lower lows, EuroStoxx marked higher highs and SP futures marked a higher high while closing at 0.03% A plunge in biotech shares pushed the S&P and Nasdaq lower. The dollar gained, while treasuries and gold dropped as
The $SPX still trading in the weak side pushing to lower low on the week. On the other hand, today we had buying pressure MTD the Nasdaq, SP500 and Dow are positive while Europe is negative. The algo are configure to trade mostly to the short side Lingering global growth concerns pushed stocks lower, while
Our algorithms would have reached a conclusion about the future market direction if the selling would have continued however the buying last night in Asia and Europe today created mix signals China Sept factory activity shrinks more than expected Domestic and export orders fall, factories shed more jobs Economy likely slowing further, fuels hard landing