Blindfoldedmonkey: Mr MARKET IS HIGHER AGAIN

Wednesday 30 October 2013

Mr MARKET IS HIGHER AGAIN

In terms of macroeconomic releases this morning, German joblessness rose to its highest level since June 2011 in October, but the unemployment rate remained close to its lowest level since reunification. Going forward, market participants will get to digest the release of the latest ADP Employment Change, CPI report for the month of September and also await the outcome of the FOMC meeting. On the corporate front, Visa, GM, Facebook and Starbucks are set to report earnings today.

What position you can possible have in this bull market? Very bullish or bullish. Or if you want to burn money sell the rally.


The US market is still in bullish mood. U.S. stocks made another move higher Wednesday. Tuesday both the S&P 500 and Dow industrials scored record closing highs. Eastern time is likely to be Wednesday's main event for investors. Analysts expect no change in interest rates or to the central bank's $85-billion-a-month bond-buying program.

This is how look like a bullish market:


Take a look at our Swiss fund and begin to invest with us!

The BFM Assets Team.

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