Mubarak steps down while Canadian trade figures blow past estimates and US consumer confidence helps S&P rally to new highs

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One Response to Mubarak steps down while Canadian trade figures blow past estimates and US consumer confidence helps S&P rally to new highs

  1. H Arora says:

    Great Stuff Naufal. Respect to your trading style. Not trading with sentiment. Although selling yourself a bit out there, chasing the bernanke rally, like everybody else.

    You predict a crash after FED starts rising, but what is your technical target for S&P 500 before the crash? You mention 2013 – 2014 as the time, but by the rate S&P 500 is rising, we will cross 1600. Also you are bearish on YEN, but I suspect, you will turn bullish, as soon as risk aversion strikes, if massive liquidity ever fails to buy the dip.

    I agree with you on the doorway to higher yields at around 4,40% on US 10Y, but what would be the impact of that on US equities? How high do you see yields?

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