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投资是一门艺术,投资是一所永远的学校。股海一粟第一次接触到股票还是在1988年,那时候上海只有老八股,没有正规的交易所。。。那一年股海一粟只有10岁。
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每日市场点评 - Oct 26, 2007

(2007-10-26 13:03:52) 下一个
Despite the volatility throughout the week, the market is set to close the week higher by more than 2% on average. Microsoft\'s better-than-expected earning results along with some relief from CountryWide Financial are arguably contributing to today\'s strength. Oil again is closed higher and now is almost $92 dollar per barrel. US dollar got weakened against most major currencies while Gold prices moved sharply higher. Next week will certainly be a very interesting one to watch because a). We are going to get the Fed\'s interest rate decision on Wednesday. Right now it is almost certain that the Fed is going to cut. But the question is by how much. My concern is if some investors are hoping for 50bps while they can only get 25bps on Wednesday. There may be a short term selloff after this week\'s run; b). As many mutual funds have their fiscal year ending in October, some window dressing should be expected. Sector rotations(within an asset class) and assets rebalancing(inter asset classes) are likely to bring in more volatilities; c). Next week will also bring two very important economic reports: Q3 GDP and October employment data. How those numbers look like will certainly have impact to the market in the next few weeks. d). Last but not least, we are going to enter November next week and as it is always said Buy in November and Sell in May, the market may attract some new money without any fundamental reasons. Well, as investors what should we do now? The good news is we still have a good 2-day weekend to enjoy. Stay tuned!

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