I hope this finds everyone doing great today. I haven't been able to write here because of being busy so I am critical focus here. Ok everyone lets get into how things are going with the broad spectrum indexes both in America and international. Well,this day started pretty normal as folks woke up to Monday morning business combination with checking their portfolios. Then the market opens with a bit of jitters about new Federal bank rate hike concerns. Then fueled by cheaper light sweet crude oil prices shifted markets in America Dow,NASDAQ etc to a downward spiral. If that isn't enough to make you want to puke,pulling the selling trigger,then maybe your very unusual. You see most got a moment of being dumb struck panic,following the heroes of herds, running away from a market crash. So once panic set in everyone just went with playing follow the idiots leading the bears going downhill. When it's all financial ruins for your portfolios you don't want to stick your hero head in the sand pretending everything going to be alright cause it's not. My wife Pamela famous for hammering into people the truth and I am no exception. A truly big blessing having a wonderful women in my life. Ok ok I know our personal life isn't why you subscribe here to this blog. So let's continue with market analysis so everyone can see what is happening. Hard core factors in play today that are very important to where were heading this week. Well oil is one two China economy is in a slump except for export market dumping of cheap products which drives prices up in foreign countries. Three weaknesses in global markets underpinning are directly effected by American and European markets So everything with this contributed today to a 176.48 downward turn on the Dow,this combines with European uncertainties about Great Britain position being continued put everyone into panic. Some simple Monday monsoon analysis always helps cheer people up..Ya right! !Where we seriously going this week your asking? ? I think it's not going to be roses but instead more likely mixed with just peachy. We going to get critical by saying that the markets are going to have some important bright spots with energy,new home sales,banking but investors are going to cringe at what they see happen as the week continues. So be prepared continue market volatile sell off until it's peak about Thursday middle of day. So put on your rain coat be prepared to get very wet. From middle day Thursday to Friday bell close is going prove interesting for rain hardy investors. I think even with weak underpinning the markets are going to gain above the neckline about 25 points green. While it's not the sweet spot investors hoping for to happen it's certainly going to help. Just remember the old addage buy lots low sell at the top will make you a merry mere increasing fortune.
Have a Great Day,
Ps. Very tired to edit this so I am.just posting it as is going to get dinner,put my feet up.
Usually edit everything..final thought..