The threat of the US
striking Syria
has diminished and has caused the markets to be jubilant in the short term, or so it seems.
Interestingly the Emerging markets have been moving up the fastest; China , India are all on high octane moving
up. How quickly the grim news shifts and turns into positive energy.
First taking a look at SPY, my system is showing an up
signal although SPY has not yet crossed the super trend level shown by the blue
horizontal line.
Next is a chart on EEM on Emerging markets and another chart
on foreign markets VEU which I just entered today at market open, and also real
state is perking despite all the bad vibes with interest rates creeping up.
Time to get back in the murky waters.
No comments:
Post a Comment