Critical Point Podcast

Morning Brief- Stock Market Oct 09


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Longer Morning Brief- Stock Market than usual. Added the China yuan that is the strongest in 4 years signaling improving economy. Show a few global stock indices including the Global Dow.
Also, provide insigh to crude oil. No change to gold, dollar and rates outlook.
End of week trade may interfere with L4 intra week swing. Otherwise, the larger trends are intact. No change to the US stock outlook.
Chatter: Advance/decline metrics suggest the best broad based demand for US stocks in a while.
My stance: The Sep-Oct seasonal decline is over.
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Critical Point PodcastBy Richard Posson

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