Hi readers
So the market went up a little then down a little also.
I guess it does come down to what you trade.
Those who produce traded higher while those who speculate traded lower!
Talking about the banking sector as apposed to the tech sector.
Note this banks only look after themselves, with higher wages for executives and brokers.
Then when profits are down they still receive the same level of wages.
It's not like profits where down so you get less.
Anyone who tells you that is bull shitting you.
They just rename it from bonus to incentive payment.
With the current high valuations market isn't able to digest current profit results.
Sure you get the odd outperformer but most are in line or missing the revised numbers.
With the negative aspect which are coming up today and tomorrow there are trades to be taken.
Friday and Sunday to early Monday are up then down again so as I said before trade.
Trades I'm looking at
FB& NFLX
OIL & SILVER
ASX200,HANG SENG,NAS,DOW S&P500
These markets have negative aspects hitting them so look to short.
Be smart if your technicals turn negative and its a right trade consider it.
The more indicators in the same direction tend to be a true move not a fake.
As this is written 7am singapore time
So the market went up a little then down a little also.
I guess it does come down to what you trade.
Those who produce traded higher while those who speculate traded lower!
Talking about the banking sector as apposed to the tech sector.
Note this banks only look after themselves, with higher wages for executives and brokers.
Then when profits are down they still receive the same level of wages.
It's not like profits where down so you get less.
Anyone who tells you that is bull shitting you.
They just rename it from bonus to incentive payment.
With the current high valuations market isn't able to digest current profit results.
Sure you get the odd outperformer but most are in line or missing the revised numbers.
With the negative aspect which are coming up today and tomorrow there are trades to be taken.
Friday and Sunday to early Monday are up then down again so as I said before trade.
Trades I'm looking at
FB& NFLX
OIL & SILVER
ASX200,HANG SENG,NAS,DOW S&P500
These markets have negative aspects hitting them so look to short.
Be smart if your technicals turn negative and its a right trade consider it.
The more indicators in the same direction tend to be a true move not a fake.
As this is written 7am singapore time
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