1486
Shares / Re: Today's Outlook
« on: October 31, 2013, 08:41:48 am »
'Please, Sir, I want some more.'
Sounds familiar? Markets reacted disappointed after Fed statement last night. Not because they said tapering is still data dependent and they will decide at each meeting, but because they didn't say tapering is off. I mean really, they have been saying the same thing over and over again, why be disappointed? Fact is, tapering will start as soon as economy is able to withstand it, easy as that.
Dow, S&P, Nasdaq all ended red and Asia also moody this morning with 5 of the 6 major markets in the red. (Sensex @ +0.12%)
Gold @ 1337, WTI 96, Brent 109, US futures red.
Economic calender:
14:00 SA Trade balance, previous -19.05B, expect -16.35B
14:30 US Initial jobless claims
New highs yesterday for Brait, RMBH, MrPrice, FSR, MUR, Omnia.
So I guess its a down day. - better start shorting.
Sounds familiar? Markets reacted disappointed after Fed statement last night. Not because they said tapering is still data dependent and they will decide at each meeting, but because they didn't say tapering is off. I mean really, they have been saying the same thing over and over again, why be disappointed? Fact is, tapering will start as soon as economy is able to withstand it, easy as that.
Dow, S&P, Nasdaq all ended red and Asia also moody this morning with 5 of the 6 major markets in the red. (Sensex @ +0.12%)
Gold @ 1337, WTI 96, Brent 109, US futures red.
Economic calender:
14:00 SA Trade balance, previous -19.05B, expect -16.35B
14:30 US Initial jobless claims
New highs yesterday for Brait, RMBH, MrPrice, FSR, MUR, Omnia.
So I guess its a down day. - better start shorting.