August Markets….
Tough to earn a living trading and predicting market movements at this time of year. Good example is the massive short squeeze in the financial stocks that is currently occuring.
Couple of dates to keep in mind: September 20th the UN rules on Iran and September 24th-25th is the G20 in Pittsburgh.
Congress will be back in session and deciding on what to do with health care. Byrd wants it renamed Kennedy Health Care bill to spur it along……
October will bring the 60th anniversary of the Chinese revolution as well. Might get some internal issues going around that time especially if growth slows….
ab