This is a very quick review so we can remember what are the odds..
27/07/2009 market is on sentiment for recovery, suppose most traders going risky but....
during u.s session of trading in all financial market which are easily seen on the equity market and currency market, the market movers are subject to the earnings of companies important data like "Aetna and Verizon" besides new home sales. (noticed that these companies are risky full , listed "
the market suppose to go risky subject to anticipated new home sales, it came out much better than expected. but market turn to bearish since the earnings of aetna and verizon said slump case.
euro drop about 80 pips , chf drops by 40 pips and Cad drop 40 pips.
dow jones drop 30 points.
aetna is 3rd largest u.s insurance companies.
verizon is communication company. they reported sliding earnings and market response turn bad and tumble a little.
review from kathy lien "buy what china buys" the aud, the real , the yen.. where china have "going out business" subject to goverment of china is using its fx reserves to help the MNCs worldwide. they send money, buy other country's paper money.
so lets name it out, what is the market mover? speculator are sometime genius, they get in, they profit and quickly they fade out together with the momentum....
Thursday, August 13, 2009
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