The future has a nice run up last night, and points to a higher opening today. China's Shanghai stock market index finally closed in green. HANG SENG closed up 1.38% while NIKKEI 225 closed down 2.44%.
The oil has climbed back to 58 level, and the EURO also got a nice run up to about 1.35.
ALL of them are pointing to a BULLISH day today for US market.
The USA investors are waiting for the National Association of Home Builders' release of its index of builders' confidence for May at 1 p.m. Eastern, USA time. If this beats the expectation, then it could be something push the market higher.
I feel the market mood for today is pretty bullish. It could be a big WINNING DAY FOR BULLS, just a kind WARNING for bears.
Some mad bulls this morning so far:
KONA
IDMI
SMCG
REDF
LGTY
SIFY
INOC
FUEL
HWFG
WBNK
KNDI
ROYL
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If QID can not hold 38 well, I may exit some QID.
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