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Greece is leaving EU??
Komal Sri-Kumar joins the camp of “no rate hike this year”.
What has been the market reaction in the past after the Holy Easter Holiday? Investors are calling for SPX 2100 by next week.
The tendency is for the market to decline after Easter.
Yellen is meeting up with Bush for coffee this weekend.. I have a feeling it’s gonna be good!
The Fed is always behind the curve.
I think people will panic next week about Greece and a possible default.
Easter is not this weekend in Greece – it starts next Thursday, April 9th, which is also the day that Greece is supposed to pay a big chunk of cash to the EU/IMF.
Greek Easter is a long holiday from the Thursday right through to the Tuesday morning.
With most of Western Europe on holiday this Monday the coming week is an ideal opportunity for the Greeks to default.
Bob, We will tag at least 2090 before we head down … if we head down.
Also, a H&S formation in the S&P.
I guess you did not see the futures from Friday morning?
Far far away from 2090.
Does a HCL mean that gold is about to drop or kick on like a golden boot north ?
I do think gold and the entire commodity sector will rally for the next 5-6 weeks.
Thanks mate ,
I appreciate your work 8)