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US Market Outlook

Posted by Tim Sholl on 17-Jan-2018 01:15:57
After a strong finish to the markets last Friday and a long weekend the US markets are set to start higher with European markets performing well after the EUR came of it recent highs of 1.2295.  In a world of records we have record highs for the Hong Kong market , 26 year highs for the Japanese markets , record highs for the UK market and continual record highs for all US indices. So their is a huge demand for stocks and that is why volatility is so low. Earnings reports today from Citi was good with a huge writeoff due to the tax reform and GE which was not as good. No data out today but I expect continued solid markets and new record highs and close today.

Topics: Market News, Invest, USD