2019

Asian Stocks Struggle While Wall Street Maintains Exuberance

The possible upcoming success of U.S. China trade meetings and the possibility of a Fed rate cut were enough to boost U.S. Stocks but not enough to generate solid optimism in the Tokyo and Asia. There are other issues still weighing the market down. Here is the story from Reuters. https://www.reuters.com/article/us-global-markets/asian-stocks-fail-to-catch-wall-streets-fed-rally-as-trade-angst-persists-idUSKCN1TM03X?feedType=RSS&feedName=topNews

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Gold Confirmed a Bigger Uptrend and No Longer Looking for a Short.

There is an important reading of shape in uptrends and when the normal size of a last wave is exceeded you can see that a bigger uptrend is in process and at the moment I am no longer looking for any short but will keep going long. https://www.cnbc.com/2019/06/21/gold-prices-after-fed-opens-door-for-potential-rate-cut.html

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