Good economic news kept the NDX-100 above water closing 0.17% positive. Tomorrow the all important Non Farm Jobs Report will be released. If the number falls in the lower side or below expectations we will experience a sharp correction. The US Congress has not given the green light for Syria´s attack which has market participants nervous as to whether the military action will take place and what repercussions it will have on the US economy. Reuters mentions that Benchmark U.S. yields briefly topped the key 3 percent level on Thursday as stronger-than-expected U.S. economic data reinforced views the Federal Reserve could slow its massive bond buying program soon, prompting a global bond rout. Higher yields will slow our already sluggish economy with negative effects on the stock market……
Today´s Profit USD 202 (Portfolio Size: USD 25,000)
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