Important Friday News

The markets are about to close for this week with some important news to report to my investment and business readership I am not one to delay this new trend in the markets today so here's the nuts and bolts. We started this week with the markets overall under the benchmark of the neckline on most of the indexes. Yes, some bright spots happened this week but after those faded into the background Wall Street players went on a selling binge. The reason for the sell signals is very clear with a lot of major stocks losing their position being down average 20 points. Meanwhile small time investors chose to put their money into the short term bonds market waiting to see which way the indexes are moving. Most investors playing it safe this week chosen important investment vehicles like ETF and T Bills included to avoid market down shifting. The dollar posted some gains against the Yen,Dauchemark,Pound and other global currency this week. This contributed to a slow reversal mid week on some stocks but overall it's not enough to change the below average stocks at close of trading bell Friday today. What'll happen next week I am convinced by looking at the charts data is hot markets upward movement with a lot of roses to take advantage of next week. Your going to see a sunny side up of the markets underpinnings which will contribute to a above the neckline performance. Large investors will buy heavy in the telecom,oil,gas,utilities and cheap underwater stocks to drive the markets to a rally about 80 points by middle week. This is going to be driven by other important news about the presidential campaign and other hot economic data will further the cheers on the market rally. This is what I see for next weeks market prolonged market upswing. Let's see if I am right and have a great weekend.

Have a Blessed Day..