Today´s Market September 05, 2013

ndx0905

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)

Visit Past Trades to review our history.

Follow us on Twitter @NDXTrading for real-time trading levels

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s