- 28
- Jan
This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity
Ok, the Dow’s only 0.39% up, no big deal, but hey, this is the very first up week in 2008! That’s what’s making it so significant!
Is this the bottom? Near… but just not yet, especially with the Fed coming up again next Wednesday. The market is pricing in a further 50 basis point cut, which is another way of saying, “If the Fed doesn’t cut more than 50 points, we are going to throw tantrum and SELL!!”. Well, that’s the market talking there. Does it even make sense for the Fed to cut 125 basis points within 7 days???? Think for yourself! Monday’s going to be a cautious day, probably pull back a little bit on moderate volume across the board as investors take some more ka-ching into their pockets before the Fed on Wednesday. All eyes are on the Fed next week and the ISM numbers. Its gonna be a heavy week!
If you still don’t know how to profit no matter which way the market goes to, its time you pick up Options Trading
The Dow has acted crazy since 2008 begun and the Star Trading System has faithfully kept us out much to the dismay of the eager traders. But always remember this… it takes 2.5 times the win to erase the pain on 1 loss (research from behavioral finance).
Thought For The Day : “Every Morning Marks A Brand New Beginning”












