earnings season, mostly good. plus low vix.
think most sectors will bull for next 3 months.
s&p, tech, healthcare, biotech all returned or about to return to last highs.
so, very nice!

the only drag and a big one is oil/energy.
coming earnings reports should mostly be ugly.
rate hike reaffirmed for sep/oct; usd is now gaining again, >0.92 euro.
a lot more pain for the sector if crude breaks 50.00 support.
will have to watch this sector very closely.

Be patient.. it will get there. Now, it just need a catalyst (like earnings next week).
If it is good... it may even propel it higher than 133... perhaps 140'ish.

The funds wanted another GOOG like tech stock to move QQQ even higher.

Agree... energy and materials been lagging. Same goes for Gold and Silver.

now nobody likes precious metals and oil, i bet for at least until end of 2015.

errr....2141 coming?

that will mean spy at 214 which will imply 3.3% gain since jan.

3.3% for 8-9 months...ok, i guess.

-marked-

don't "mark" la...

come join us, tell us what u hv as "retirement" funds.

i am just starting, like to hear from u.

u said it!

Gold hits 5-year low as bets mount on Fed hike

can expect crude to follow suit...

market might need to show signs of crashing down and no confidence in currency and when the big hot money to place their $$$ in the metal, that will be gold and silver timing...

my 1 cent

Alright,... I am more into trusts and REITs wgich provide income. Currentluy in energy, finance, healthcare and consumer goods sectors. All doing well in terms of cap gain(good margin-of-safety) except for the energy trust. The energy trust suffered pricing-wise, but still giving out an acceptable yield, ie still giving out DPU.. am thnking hard of averaging down further, but still cant decide on the entry price yet.

Guys,... when the Iran sanctions are lifted, there will be more supply of crude into the world mkts. MOre supply,... can go below USD50 per bbl ?

This post has been edited by Hansel: Jul 20 2015, 04:52 PM

Wont be easy - historically, gold price always has an Inverse Co-relation with USD strength. The FOMC is SURE to hike interst rates soon, which is sure to strengthen the USD - can't avoid this. And hence, if history is to repeat itself, then the final effect will be gold price is sure to drop. UNTIL.... the FOMC says they intend to stop hking interest rates.

thanks for sharing... can u name a couple of reits for me to check on?
also, div tax of 30% does not bother you?

crude <50? it might get there this week!

Found some of the US REITs that come with 10%+ div.... i also concern about the tax of 30% (non us citizen).... maybe buy in huge batch and hold for long term.... ? Please advice on this Sifu

Aunty Yellen been talking about "possible" rate hike since late last year.. and all she says is data dependent.
Market been anticipating this move, and dollar been moving up and up.. and now back to parity as
if it already happened.

So, what exactly is the rate hike? It turns out to be 25bps. Then, they'll pause for another 6-12 months.

I think what's going to happen is when the actual rate is raised, Dollar will drop, commodities like gold, oil, copper will reverse course.

Another day, another green

Pre-Market Indicator
Dow - 18019.00 +22.00
Nasdaq 100 - 4658.50 +8.50
S&P 500 - 2120.75 +2.00

Looks like Morgan Stanley just top their estimates and with Apple reporting tomorrow and the recent case with Google and Netflix topping the charts, looks like the earnings report is just the beginning.

By the way, any suggestion if the SPY is a perfect indicator for how the market will react at the open?

This post has been edited by ILoveLalat.net: Jul 20 2015, 07:26 PM

that's precisely what i think will happen - "overshoot" or "buy on the rumur, sell on the fact" syndrome.

be prepared to take profits when it comes.

i hv watached aapl for the last 2 qtrs earnings reporting euphoria. one was boom-boom the other was zzz...

SPY is s&p500/10 in usd. dunno what else!

oh if you plan to take profit on rate hike syndrome, you should start selling now since the drop could be fast as the rally been fast.

oh no, not now.

i watch every move yellen makes.

actually... can watch many things for signs... gold, crude, euro, heck, even rm!

Because there was this one time that I always suggest to follow SPY as the opening indicator than futures and one of the mentioned it is unreliable but I find it the most accurate indicator of all.

This post has been edited by ILoveLalat.net: Jul 20 2015, 09:07 PM