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Wednesday, July 1, 2015

Update For Wednesday July1, 2015 Premarket

The market is taking its clue from Greece and any hint of settlement results in sharp rallies. As predicted , dollar keeps on going up and it is on its way to making new highs. That is not good for all  those companies  which depend upon exports.
We had asked you to take profits on Monday. You have to be careful today and tomorrow
New month has  bullish tendencies. Any rally now will be sharp but not last long and will resume the decline may be after the 4th of July holiday.
World Bank Support for Greece ended last night and since Greece imports practically everything, things will start getting even worse.

Gold & Silver keep on going down and so are energy stocks. UVXY will be down sharply today.















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