A thought of the day... Nikkei 225(Japan stock market) has endured a three-day losing streak both in closing for 2007 and opening 2008... What has been the 2nd biggest economy of the world is really under pressure or otherwise.... Portfolio managers, hedge funds, asset managers, traders around the world is really in a position for a move.. History prove that near new year the stock market will have its bull run... 1 week in is that so? Well to sum up, the old saying... expect more whippy market move this year round....
Experts says: Emerging markets like India and Brazil is a good choice...
Comodities corner: New safe haven? Well with crude and gold spiking new highs every now and then. Let's look at some comodities companies... Rio tinto BHP Bilton etc.... shall we buy? Well i am not really expert in this corner...... I will try my best to understand them...
Things to look this week: Wed: EUR GDP. CAD Chief economist speaks and crude oil inventories. Thursday:Interest rate statement:GBP and EUR and the accompany statement(important) and FED charman bernake speaks(big market move expected)... And some US retail department reporting their sales also important...
Last one: Hang in there guys... Good luck trading everybody...
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