Since 2nd quarter report needs to be release around end of June. I believe, the market will keep further up because of beautifly the book. Besides, the USD continue to be weak after the selling more bonds to the market. The commodity will be keeping high for a longer term because of weak dollar. Thus my view is to buy more oil ETF, Agricultural ETF. Besides even the economic will getting worse later. The oil cannot be going back to $40 like March. On the other hand, because AAPL will have new announcement on 8 June and there is weight higher by investor report. I believe there is room for a short trade Balance the risk, I will also buy some short S&P & Dow ETF if price is really good. 29 May 2009 US Market The Dow open at 8301 and close at 8404 and low is 8271 at 1:00pm +103 (+1.25%) Sector performance (% change on day): Financials (+3.57%), Tech (+1.31%), Health Care (+0.54%), Consumer Staples (+1.08%), Consumer Discretionary (-0.18%), Industrials (+0.70%), Energy (+3.00%), Te...
Financial freedom are most of the people thinking, however as a individual, can we share all our normal thinking with same interest group. Thus this blog is to share with people who are interested in talking about economy, wealth creation and fun of life