Sun, Jan 25, 2015
Fellow traders around the world, get ready for another thrilling, entertaining and as usual, action-packed sessions in global markets next week.
Markets have been very busy in the last week with surprise actions of Swiss National Bank and the ECB. And I have been busy with my second website (launched with my friend Matt) exclusively for U.S. markets, for investors in those markets and focusing exclusively on company news reports. It is leaping by hundred thousand ranking spots a day and has already been earning in triple digits. Thanks to all stock markets enthusiast in the world, people like me can launch businesses after business : )
U.S. markets have been giving me more reasons to feel happy, especially Dow Jones which fell down by nearly -150 points in its last session ( and I was called a pervert for enjoying that fall and gloating about it.) Me? Pervert ? I am just a bear! What about those who gloat on central bank fueled rallies?!
Good thing for bears, this week’s major central bank, the Federal Reserve won’t fuel any such rally, rather, it is creating anxiety in U.S. markets about its rate hike plans.
The Fed will declare its short term monetary policy on Wednesday, 28th Jan. Till then, U.S. markets will either remain range bound in their last week’s high and low points, or keep slipping down.
European markets are high on Draghi’s stimulus promise. The only worry that could dampen this spirit might come from Greece, where general elections are being held today and anti-bailout party, Syriza is expected to win the majority.
All that will become clear by Monday’s opening bell in Asian markets, which is still many hours away.
Till then enjoy the remaining weekend before the action, drama and entertainment in global markets starts again
See you then!