Pre-Market Study Hall

• faithmight
• November 7th, 2010

Last week, was a tremendous week. The RBA raised rates. The Fed and the BoJ ushered in QE2. UK economy continued to show signs of strength in services and manufacturing while the Eurozone showed slowing robustness in its economy. The US economy added 151,000 jobs to its economy even while wages, and therefore spending, continue to sag. And Trichet laughably continued to support the strong USD policy. The fundamental landscape changed somewhat last week with all the definitive actions by the various central banks.

• Five world markets themes next week (Reuters) via @jennablan
• SNB Ready to Act if Franc Fuels Deflation Risks, Danthine Says (Bloomberg Businessweek) via @alaidi
• Euro Awaits Tonight’s Greek Election (AshrafLaidi.com) by @alaidi
• Breaking Up Is Hard to Do (CME Group Magazine) by @CMEGroup
• Strong Payrolls Report Sends USD Sharply Higher (FX360) by @FX360
• Global anger swells at Fed actions (Reuters) via @jennablan
• Bernanke answers Fed’s global critics (Reuters) via @jennablan [Bernanke has defend the Fed's decision on QE2 3 times this weekend. That can't be good. The other links are below:
  • Bernanke says Fed not trying to spark inflation (Reuters) via @jennablan
  • Bernanke Invokes Friedman's Inflation-Fighting Legacy to Defend Stimulus (Bloomberg) via @pkedrosky]
• Traders wisdom part (7) ” Taking Loses in your Trading” (Freshly Squeezed Pips) by @tweetertrades
• The Abundant Trading Framework (Investing with Options) by @stevenplace
• Mathematically Optimal but Psychologically Wrong (StockTickr) via @maoxian

The Pre-Market Study Hall is a step away from the charts and a look at 2 things: 1) The fundamentals that may drive the markets in the trading week ahead; and 2) The individual trader psychology for self-improvement.

Enjoy!

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

Tickers: $USD, CHF, CNY, euro, fundamentals, psychology

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