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