Friday, 24 January 2014

Trade for Today

As mix economic data and earnings continues stock markets in particular keep falling,On other hand Money continues to flow into the world's most hated asset class, with the 10-year Treasury yield off a big nine basis points today to 2.77%. It started the year at 3%. Year-to-date TLT has already outperformed the S&P 500 by about 620 basis points.Another asset garnering its fair share of hate entering the year, gold continues a nice 2014 run. Up 2% today to $1,264 per ounce, the metal's up more than 5% YTD.


  • Buy #DJIA(Dow jones ) at 16145 stop below 16080 target 16245
  • Buy Cad/Jpy at 92.35 stop below 91.90 target 93.35++

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