The dead line for US debt ceiling is Aug 2nd. At point of writing, it is still in a tug of war. How would you trade during this period?
Since my last post, though I was still monitoring the financial climates, i hesitated to post as there was no new news to post. Markets were volatile and within range. In my opinion, my speculation is still valid.
From my earlier post on the worst has yet to come dated July 12th, I speculated“And if you are thinking of the US corporate earnings to booster up confidence, do not hope this would happen. Let me explain, the quarterly results reflect the earnings of the previous quarter. Even if the results are good, the speculators are focus on WHAT is happening today!”
The bulls did not do much better as the bears were still in control of the ......
