Traveling this AM from beautiful St. John’s to Toronto and look forward to meeting many readers at show tomorrow
U.S. Stock Market– The fact that the Fed expanded its meeting from one-day to two next week and that there’s been recent descension in votes, I suspect Bernanke is going to try to get approval for some sort of QE 3. Meanwhile, the U.S. stock market is groping for a bottom and Europe is oversold.
U.S. Bonds– If we do get some sort of more funny money from the Fed next week and rates drop sharply off of that and continuing weak economic numbers, yours truly is all but certain to finally go short. The fact that Pimco’s Gross is long again could be an emotional signal not seen in years. Stay tuned.
Gold – Mother of all gold bull markets continues!!!
U.S. Dollar Index – Blip up in a terminally ill decline.
Oil and Natural Gas – I like oil around $75 and gas the more its under $4
….read much more on individual stocks and Market Interviews at Grandich.com HERE