Seeking Alpha

John Georgiou's  Instablog

John Georgiou
Send Message
Trading last 16years , programming my own software to make my trades profitable last 4years. Visit www.marketmagic.eu to see weekly trade suggestion for NYSE
My company:
Marketmagic
My blog:
Marketmagic
  • Daily World Markets And Currencies 0 comments
    Jun 4, 2013 9:14 AM | about stocks: XLF, XLV

    Next weeks i don't see any major moves. FED money supply drives stock markets and currencies and last weeks YEN , EURO exchange rates will make some profits for who trade right the narrow volatility.

    Next weeks USA markets and EMERGING markets will switching each other with outperform. On Euro-equities we should be more careful because only a fraction will outperform.

    In next months (after summer) Europe will face its problems.

    Low EURO money supply 3 means strong euro around 1.3$ but means deep recession and high unemployed rates. So far Germans asks from ECB to keep extremely low the euro money supply so keeping the exchange rate 20-30% higher than fair value (fair value while still PIGS in euro). This money supply policy will bring deep recession in hard core of EUROzone starting from France.

    6/3/2013XLFopen LONG trade with last close value

    6/3/2013XLVopen LONG trade with last close value

    5/31/2013DIAopen LONG trade with last close value

    5/31/2013QQQopen LONG trade with last close value

    5/31/2013SPYopen LONG trade with last close value

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: fxe , fxy Stocks: XLF, XLV
Back To John Georgiou's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.