Quick economic synopses for traders (5)
#1 Don't get greedy. It's the end of the year and wall street has its write off's for tax purposes. Sell cyclically.
#2 In contrast to the first point, wall street traders get their bonus checks so look for speculative plays like onvo, ino, twtr, usat. These are quick in and outs so to speak.
#3 From a "Macro" perspective, the dollar is heavily inflated and corporations are going to want to either cash in on growth from 2013 or issue bonds to cover long term debt forecasts. Bubbles are popping up in various places (Japan, Australia, United States) so the market will retract. Smart plays are bear ETF's and gold.
#4 Food prices will most likely be import heavy in 2014 due to horrible job market quality. Unemployment (as far as quality is concerned per job) is high, thus an increase in red meats should increase.
#5 Transportation costs may increase due to artificial demand from oil companies. Oil and gold have been incredibly low compared to everything else, if the housing market (in conjunction with quantitative easing) starts to reset with growing rates, expect inflation in oil and gold as well.
All in all, the market is highly influenced this year. Next year it will have to go back to a more realistic setting. Quantitative easing will be the manifold. This is a quick first synopsis from an economical approach. Feel free to discuss with me. Also, look at the department of defense and Africa. Is it going to be the next agriculture boom?
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.