Tuesday, June 23, 2009

Getting ready for more selling. Dow and VIX show market 'sell' anticptaion. (update 1)

Of course watch Fed meeting outcome. Which won't surprise many, except that inflationary measures (printing money) will (possibly) spike markets, in my opinion, briefly (on one day trade). Sell on USD. Watch gold and oil.

Basically fighting a losing battle against rising treasury yields. But the Fed will play up economic recovery and justify treasury buying.

No comments:

Post a Comment