This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity

Aren’t we all fed up with all these false moves prior to the Fed decision? However, is the Fed decision really that important this time round? In my honest opinion, the most important report this week is the Jobs Report this Friday, which will really cast some definitive light on the health of the economy. No rate cuts is going to help the market for real, only renewed faith in the economy will. Earnings coming in so far has been mixed and reflective of the general health of the economy. Too much uncertainties this week… very bad for traders.

A lot of bullishness seem to be building up in the market today as the bulls beat the bears by the end of the day, releasing yet another round of morning stars in the Star Trading System. No matter what, with the Fed decision to be released on Wednesday, nothing today can be trusted and this is one of those times which I mentioned not to be trading in the manual.

Thought For The Day : “Rules Are The Chains Within Which One’s Emotions Must Be Contained”

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”