$tockMarketDirection still maintains a bullish posture. The market volatility continued this past week with the market ending down for the week. The volatility is the result of concerns about the state of economy in Japan and its impact on the US market. Additionally, there is still looming concern over when the fed tightening will begin. Now is the time to begin taking money off the table, locking in profits and to tighten stops. This Friday is triple witching Friday and all eyes and ears will be tuned in to the FOMC rate decision, which may have a significant impact on the market. Please continue to monitor $tockMarketDirection for ALERTS advising of a change in posture.
Reports this week include: Consumer Price Index, house starts and building permits (6/18), FOMC rate decision (6/19) and initial claims and existing home sales (6/20).
$tockMarketDirection would like to wish all the fathers a Happy Father's Day!!
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
$tockMarketDirection would like to wish all the fathers a Happy Father's Day!!
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
No comments:
Post a Comment