Random thoughts on market 26/10
1 month after the surprise no-hike in September, we have seen US equities largely recovered the losing territory in this year. In light of the global easing environment from China and (potentially) EU, it will make Fed’s next move even harder as it isn’t willing to see a too strong USD that hurts export and further pressurize inflation. Therefore, theme till end of 2015 will likely be a charge towards 2100 (SP 500). Market will turn blind to the upcoming earnings, although they may give us a few hiccups here and there.
Watchlist: Consumer sector, SPY, XIV