Friday, January 16, 2015

Move to safety accelerating

Choppy week with volatile price action. The market rallied on Friday on no news. This is not a sign of strength but nervousness. Behind to hood, the move to safer assets actually accelerated:

Market breath and sentiment
Speculations are rampant on ECB starting QE next week. Perhaps this will be "sell the news" event that finally rolls the big caps over.


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