Well by now everyone has enjoyed their holiday with family, friends and now gone back this early week to the world of work.. Some interesting news to report here is the SEC regulatory agency is considering a new commissioner to head the financial markets oversight body. For anyone who doesn't know what the SEC is its the Security and Exchange Commission which regulates all financial stocks,bonds,Brokers,Brokerage houses etc on Wall Street and private equity investment. This regulator can change everything that is traded on all markets including the Dow Jones and other lesser known markets like Russell 500 etc.. Now to other important news for today market investors ate still feeling the effects of weekend holiday celebration. You see that people are now diving into their portfolios ready to jump into the market with good investment deals available today. This means good deals will spur broader market interest and investment with large institutional investment leading the herd combined with other big money investors following suite. You look at the news wires about Wall Street and global chart data which always moves the markets up or down Certainly you can see today more investors are going short on stocks,bonds because of economic numbers from Office of Management and Budget and, Federal Reserve. Market jitters still are persistent but as the week continues the market will show a. significant gain overall based on good news coming from real estate sector,banking and news about important corporate profits from major companies. Look for this to add a major upside in the markets later this week by as much as 20 point or more fueled by investor confidence. This is how I see the markets will react later this week based on current data today.
Have a Great day...
