September 14, 2012
- in Uncategorized by schooloftrade
Fed plans to print more cash, Europe news comes out bullish, Lots of News in US today
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The James’ Report: Day Trading Strategies for Professional Traders
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LEFT AND RIGHT: Take a look at your hands today, both the left and right. In western cultures the right hand is associated with correctness, and righteousness. In eastern cultures the right hand is considered the hand of violence, because so many people were right-handed and it was used to cause harm to others. The left hand has always been the complement to the right, so if the right hand is associated with harm, the left hand is everything that is protecting and good. As an example, the right hand wields the sword, and the left hand holds the shield for protection. Today, take a look at both of your hands in a different way. Your right hand is the driving force of your career, your passion and dedication, the ultimate reason for your success. Your left hand is a symbol of your kindness, compassion, and ability to give others around you what they need. There is no superior hand when you think this way, and when you use both of your hands together you will be successful in both personal and professional endeavors for many years to come. News from Europe & Asia for US Morning Session:
– Fed offered QE3 via an open-ended MBS plan as employment remained a grave concern
– read the FOMC Statement here.
– Eurogroup said to be pressuring Spain to request a full bailout; Germany and France at odds over the need for Spain to ask for support; ECB denies such speculation.
– ECB chief Draghi stated that was already seeing positive results from OMT as confidence had risen
– Japan Govt cuts its economic assessment for the second straight month
– S&P raise South Korea sovereign rating one notch to A+; outlook stable
– India inflation a touch hotter ahead of Monday’s RBI rate decision
– Sweden Q2 Final GDP revised lower.
– Eurogroup said to be pressuring Spain to request a full bailout; Germany and France at odds over the need for Spain to ask for support; ECB denies such speculation.
– ECB chief Draghi stated that was already seeing positive results from OMT as confidence had risen
– Japan Govt cuts its economic assessment for the second straight month
– S&P raise South Korea sovereign rating one notch to A+; outlook stable
– India inflation a touch hotter ahead of Monday’s RBI rate decision
– Sweden Q2 Final GDP revised lower.
– European bourses opened the session higher following the additional easing measures announced out of the US Fed. In line with the trend seen in recent days, the Italian FTSE MIB and Spanish IBEX-35 have outperformed. Gains have been seen across the banking sector and the best performing financials include UK banks, BNP and Commerz bank. Mining shares have outperformed, as commodity prices have seen the biggest gains following the announcement related to QE3.
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the Complete Morning Prep for Day Traders Here
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