Market Sentiment ww04

Been waiting for retracement, but never expect is a big one on a single session. The problems in North Africa and Egypt and rising oil prices are serious considerations.  I don’t think this bearishness is going away anytime soon, and add on with Non-Farm Payroll due out on Friday, though i have both Bear and Bull position, i am going to exit my bull position if thing get nasty tonight.

Market sentiment ww02

Up Up UP, first 2 week of DOW continue to make new high, every where talking about market overbought, earning season just start, well let see how the market react. Finance sector has been laggard last year, it start to pick up since Nov, very promising for DOW.

Market sentiment ww01

well, typical first week of January, an up week, a bullish week. some stocks are flat and some are gain. Not bad for my own acc as it grow a little, but there was many good news last week, ADP data, NFP data, initial claims, joblesss rate.... all consider bullish news but market retrace a little, compare to last year which these kind of data would send the stock up to cloud nine... but is not happening during first week of Jan, next week will kick start Q1 earning season.. let see how market react.

Happy New Year

DOW continue to trend higher despite of lower volume, from technical point of view market should start some pull back before it go higher.. but it all depend on beginning of the year buying sentiment, santa clause rally will end fist week of jan.. keep watching what happen next, while i am staying side way with cash.

Happy New Year to all.