Not Just Forex: DOW & S&P - Huffing & Puffing!

DIVERSIFIED PORTFOLIO Management

While the markets awaiting ECB's actions or non-activity and the NFP numbers; the record breaking highs of the S&P have been more important for our out look nearing the 2000 mark levels ever since making a judgement call along with the DJIA above the 16500 has retained its positive breath sentiments contrary to some corrective movements on the way higher.

This will be sustained for now until such time a major contraction would emerge for the US economy. Likewise, it has been sometime that the ISM figures have been showing its growth pace with an ever sluggish jobs growth and leads the US economy huffing & puffing moving forward.  

Our most recent call and portfolio diversified into a few sectors have been more along with taking the ride on with the DJIA strength and a timid, yet stable price recovery of the US Dollar (DXY) from its pivotal turning point @78.80/90 on the way higher. Keeping pace with the ProShares Ultra Dow30 (DDM) and SPDR (DIA) have been moving higher with a few bumps has been a near-term beneficiary of this rally as long as there won't be any serious hiccups on either side of the continents.

SYMBOL                     CHG     % CHG    
S&P             1,927.88   +  3.64    +0.19%
DJI             16737.53    +15.19    +0.09%
DDM              118.32    +  0.15    +0.13%       
DIA                167.13    +  0.11    +0.07%       
FB                   63.34    +  0.47    +0.75%       
GOOG           544.66     -  0.28     -0.05%       
SBUX              74.67    +   0.49    +0.66%       
TWTR              32.90    +  0.32    +0.98%