Sunday, July 18, 2010

Market Update

US financials reporting lower as I had predicted yesterday...(link)

Euro Commentary - Will it stall @ 1.30 or will it continue higher? Given US market weakness, this could be a decoupling, or either the sp500 downswing will be shortlived or the euro bounce will indicate perfect shorting timing.

Very very interesting article on Gold - amongst the arguments for why we should be heavily positioned for a run-up in Gold price.

sentiment off large - 74.5 expected, 66.5 reported.