With a rather tepid week of Earning the Financials are turning to this weeks Economic Indicators of which Housing will lead the march Higher then Crude and Employment with the Fed Speak and GDP in Centre Stage adding the 108B Fed Auction and the week remains tepid.
What will move the Markets at present remains the G20 with China acting as though the left hand does not know what their right hand is doing we may find that China's growth is at stake here while India adds stability to the Global Market Rise with the EU finally gathering strength take note that a rebound in EU Equities adds momentum to the US Markets.
But, the real kicker here is the fact that US Equities Yields continue to outperform Bonds add the fact that Earning Season is Officially upon us and US Equities have a better than 15% to 25% forecast this Quarter and with current forecast indicating the rest of the year should pick UP momentum setting UP this year to have the Potential of a Record PPS expansion.
One thing for sure is that the Gap between Equities and Bonds is sure to draw greater interest from abroad as continued Higher Earnings Gains are sure to keep corporate yields very attractive.
With the Fed speak this week we forecast no change in their outlook as US Equities remain far below realistic levels vs Earning and Growth.
So, the Money Train continues to Load one Positive Indicator after another as the world begins to focus on whether China is willing to become a viable Global Trade Partner of are they just jerking themselves around, we shall see if the CNY actually is allowed to float or simply more rethoric from the land of the Dragon eitherway, the strength in Asia at present remains India at least until China decides what Global part and roll it will play in the 21st Century.
None the less our continued growth it seems has found stability as the EU finds greater support tightening Volatility this Earning Season adding a strong EURO forecast and there you have it
Higher Highs and Still Higher Highs and Higher Lows!
EnJoy!
As our EoY forecast is calling for a rise in Equities of between 20% and 35% with the greatest focus being on Internationals and a continued weakening USD
La Vita e Bella!
Best of Luck Longers and Trader$$$$
Simply Beautiful!
Reuters
Weak private hiring shows tepid recovery
WASHINGTON (Reuters) - Private payrolls rose only modestly in June and overall employment fell for the first time this year as thousands of temporary census jobs ended, showing the economic recovery failing to pick up steam.
Closes with
Tepid!
LMAO!
Cheers!
Proving that you have no idea what you are talking about. Your predictions suck. Now THAT is a fact. You are no better at predicting than your boy obama is governing. How do you like that HOPE and CHANGE now? LOL Oh yea,GO SNDK.
Ladies,
All about Bonds and the FOMC Speak as we continue adding UP our Long Term Positions.
We expect this Tepid Trading will continue through Thursday while volume continues to indicate nothing new as the weak selling Volume takes a back seat with the Buyers leaving the Market to the Derivatives Traders.
Next Near Term Target Set at
54.01
EnJoy!
La Dolce Vita!
Best of Luck Longers and Trader$$$$
Ladies,
Long and Strong looking for a Green Close this Fine Intraday!
All about Bonds and the FOMC Speak as we continue adding UP our Long Term Positions.
We expect this Tepid Trading will continue through Thursday while volume continues to indicate nothing new as the weak selling Volume takes a back seat with the Buyers leaving the Market to the Derivatives Traders.
Next Near Term Target Set at
54.01
EnJoy!
La Dolce Vita!
Best of Luck Longers and Trader$$$$
Lurking. Get it right you leftist idea-log. Go SNDK. Check your posts JM. You are a person who uses hate words to quash dissent. You and your ilk have worn it out. Political correctness is no longer a friend to the left wingers who created pc to control opposing opinions. Go SNDK.
Simply Beautiful!
Impressive Support at
49.31
"Opportunity"!
Remember, the word is
"Accumulation"
La Vita e Bella!
Best of Luck Longers and Trader$$$$
With at minumum a 3% gap between Equity Yields and Bonds you can Bet we continue Rising add this ER release forecast to raise Gross Margins yet again!
WhaHooooooooooooooooooo!
Higher Highs and Still Higher Highs and Higher Lows!
54.11
and
55.55
La Dolce Vita!
Best of Luck Longers and Trader$$$$
Thanks JM. B-E-A-Utiful as usual.
From the micro-cosmic perspective here in US manufacturing land. My peeling and prodding leave me with three tidbits of information to chew on.
1) factory orders continue to persist beyond expecations causing delays on deliverables.
2) raw materials are in greater demand and shorter supply.
3) hiring has been muted since fear still persists that finished goods orders are thought just to fill weakend inventories.
My take: Earnings will be good and the attrition on hires will soon be over as greater demand will prove this is more than just replacing depleting inventories. We may be in for a steep leg up on what has been a u-shaped employment recovery.
The MAD DASH for FLASH
Looking for
2,311 on the NasDaq setting UP the Next Run to
2,351.01
2,401.01
2,531.01
2,631.01
and
2,681.01
While SNDK takes out
50.11
50.51
51.51
52.31
54.11
and
55.55
So, you can imagine where AAPL is heading
299.81
and
307.51
With an EoY Target Set at
340.51
EnJoy!
Simply Wonderful!
La Dolce Vita!
Best of Luck Always!
What to consider!
Consider China at the Open as they are forecast to breakout taking the Global Markets ever Higher and Still Higher High and Higher Lows!
EnJoy!
La Dolce Vita!
Best of Luck Longers and Trader$$$$