Dear Subscribers,
This week I would like to give an overview of the broad markets and some projections among the major asset classes. I will try to beat up myself to write a newsletter to all of you every week. I have been too busy with my other researches and forgot to keep good contact with my valuable subscribers and I truly apologize for that.
Stock Market
Our model shows the major trend is still downwards since the end of May and with the major trend as such means the trend won't reverse its course in terms of months. There will be bounces during this downward trend and to convince people that the bull is still ongoing.
Bond Market
The overall trend is still heading upwards however the movement is somewhat too rapid for this asset class and usually this signals a bull trap. I will use extra caution while allocating extra percentage into this asset class.
Gold
This is the only bull market at the moment, however it is at the highest climax and its weekly movement have started phasing out which can trigger a sell off but we will see how well it stands next week to determine if the major downward trend has indeed started.
US Dollar
The recent rally of USD adds pressure on commodities and stock markets. Since the bond market rallied before USD, I tend to believe the bond market is at risk and the smart money is refusing to go that way. Instead the smart people will put their money into the money market (which jacks up USD) before a clear picture is in place.
Commodities
Gold is a member of this big commodity family and even though gold is at its peak movement; the rest of the commodities are showing relatively strong compared to the stock market and signals a reversal into upward trend this month so far. It is amazing that this asset class is holding up pretty well in terms of a USD rally.
Looking for Help on the Site
While I am a one man gang running all these charts all the while writing articles, researching and enhancing the model and website development. I know that my efforts contribute to these community is quite limited. I would encourage if any of you could help out on proof reading my articles, web site developments including CSS, usability, SEO or anything you can think of that helps this site grow. Please let me know and I will be happy to discuss with you.
I would love to see your feedback and everybody have a nice weekend.
Raymond Tsang
"To provide an affordable environment for individual investors to manage their own portfolios."