With Ben Bernanke do will something when needed to and Mario Draghi will do whatever it takes when the time comes, basically so far, it is hot air and market cooled off. What do you expect? QE5? With London celebrating the first XXX (Triple X Movie) Olympic, now we know that that’s where all the participants are doing whatever it takes to put their names into history. Mario also wants to do whatever it takes in line with the Olympic spirit.
Tomorrow is the crucial Non Farm Payroll. Can the market take another hit or will the expectation is already so bad that bad numbers may not be that bad after all? Whatever it is, those with long or short position better put in a stop loss as market is on a very short fuse and it can pop any direction.
