Market is moved just by the Fed expectations....and all the times the "investors" expect more! An Infinite QE should be the best :) The Macro Economic is gong worse and worse but...at this time...it doesn't matter cause traders are hoping for more money printing. Market had to crash several months ago but...nothing...it resists. Actually the Interest rate is just an excuse cause the Libor is going UP and UP (demonstration that the financial institution are scared!)....so...the Nominal Interest rate is almost zero but the Real One (LIBOR) which is linked to all the Toxic Derivatives and Swaps is increasing and now near 1%....
Waiting for the Fed before buying or selling?...Waiting for the Elections before seeing a good move?...At this time I am Neutral (even if with my heart I should short like a crazy!!) :)
Waiting for the Fed before buying or selling?...Waiting for the Elections before seeing a good move?...At this time I am Neutral (even if with my heart I should short like a crazy!!) :)