The markets moving in both directions for the past weeks; while sustaining a more positive outlook with the #Dow Jones relatively inching closer back to the 18000 levels. The three (3) major indices have been adjusting well from its recent declines while the 17500 holds well as its support. Meanwhile, the #DAX and the #Nikkei 225 have reflected their recent highs as a good signal for a continuing weakness of the Euro and the Japanese Yen against the US Dollar. Of course, until such time it proves to move on the contrary.
These conditions in the market have made it ripe for us to maintain and staying the course on our overall market analysis since the first quarter of 2015. Any real and serious changes would depend now more on the upcoming FOMC and BOE minutes of their meeting, until such time when the market prices have indicated a renewed turning point. As for now, we still do not foresee the market making any sudden reactions from its major trend direction. Either these may be the currency and global stock market.
Structured Strategy on Portfolio: Stay On Course
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