Back to normal
As written yesterday the market is falling further. The Bernanke speech didn't support anything. The USD is weaker and stock prices fell on weaker earnings releases. Base metals softened as demand weakens and precious metals appreciated due to the drop in the Greenback. Bond prices were stable.
For the stock market the rout in tech could be over and only selected stocks might fall causing an overall weakly declining trend in prices. So not much value to be found in a short position.
I will rethink my positions during the weekend and modify my portfolio on Monday. Hopefully, I will come up with a few trading ideas.
For the stock market the rout in tech could be over and only selected stocks might fall causing an overall weakly declining trend in prices. So not much value to be found in a short position.
I will rethink my positions during the weekend and modify my portfolio on Monday. Hopefully, I will come up with a few trading ideas.
stxx - 21. Jul, 16:49