Archive for October 16, 2012

2012/10/16: Quick Post: Weekly Calendar and CRITICAL Equities turn!!

October 16, 2012 Leave a comment

© 2012 ROHR International, Inc. All International rights reserved.

The weekly Report & Event Calendar is available through the link in the right hand column. The Technical Projections and Select Comments from early last week are also available and still relevant… with the notable exception of the critical equities decision explored in the General Market Observations below. Those will also be reviewed at greater length that includes the other asset classes in this week’s Summary Perspective on Key Influences that will be posted later this evening. We hope you find that useful as well.

This is one of those weeks that actually began before it began, including some important Chinese economic data over the weekend that was noted in the calendar. However, also noted in the calendar was the far more important IMF and World Bank Group meetings over the weekend. That provided the real sense of comfort on the European situation that is so prominent in the sharp improvement of the equities market from the very top of this week. And in spite of all the interesting news yet to come that includes more Chinese data on Thursday, it looks like a significant decision to reflect a renewed ‘risk on’ mentality has already been taken by the equities.

Now it is just a matter of how far they proceed in the near-term before they react back down to the key lower levels…

Read more…