Factors to watch

10/18/2016

Factors to watch

Latest economic data from the US was soft, this could delay any hike in US interest rates - bullish for stocks

Top 20 Differential is oversold, this indicator measure strength / weakness in the blue chips. When the blue chips are weak they tend to bounce back so it's bullish for stocks.

Bond yields are rising it could be because UK inflation is on the rise. If today's consumer price index is strong, the pound will strengthen and UK stocks could fall. A weak CPI would be bullish for stocks.

Netflix shares soar on bullish outlook.

Posted by Better Trader on 10/18/2016 at 09:00 AM in Factors To Watch | Permalink

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Better Trader

10/18/2016

Factors to watch

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