Oct 2, 2017

International Stocks Beating U.S. Stocks

US stock markets were overshadowed by international markets thanks in large part to the weakness in the US dollar. The US Dollar did recover some of its losses in this closing week of the quarter. I believe again a bit of a dead cat bounce as I think the dollar is probably going to have its weakest quarter of the year in the fourth quarter.

Related trading instruments: Dax 30 Index, EuroStoxx 50 Index, Nikkei 225, FTSE 100 Index, HSI Index, Kospi Index;

Trump Tweets About The Record Highs In The Stock Market

Donald Trump was tweeting about the record highs in the stock market earlier this morning. Of course when we were having record highs under Obama it was a bubble and it didn't matter but now that it's his bubble it's now a bull market and it simply shows what a great job he's doing as President.

Related trading instruments: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM)

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