US = no need to say more about dismal payroll no. but earnings beating the crookedly lowered estimates may hold the decline.
China = high inflation, still good trade surplus = more tightening coming
EU = Italy's woes will eclipse Greece's but Greece is trying to hold onto no.1 sucker position. Watch out tonight EU Fin. Min. meeting.
Short term strategy = stay sideline or short, gold and bond market telling the storm is coming. stock market barely moved these days. If you want to trade on momentum and volatility, trade Forex market. Not as boring as XJO for now.
US = no need to say more about dismal payroll no. but earnings...
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |