Tuesday, June 02, 2009

Update: US Stock Markets -Prediction for June 1-5 and Intra day fro June 1

 
Keeping in view the predicted trend of US markets this week(see below)  and lack of clarity ( choppiness perhaps ??) in  today's Intra day movement long orders placed ( price limit orders) for
 
1. Boeing Corporation ( which may become profitable even today )
 
2. Diamond index fund (ETF) which proxies dow 30 index.
 
Read below for Indian Market in June

 
US market this week


US markets likely to show volatile pattern ( of an intra day nature) where
on most occasions indices will show a tendency to bounceback from
dips/corrections

It is possible Nasdaq index may outpeform dow this week.

For our Kaching bases trading, positions will be nasdaq or stok specific
mostly and with a view to holder most of the week

Intra day June 1: market may surge up after initial loss of momentum

 
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