Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 8th of February.
*TO ALL OUR CLIENTS IN THE NORTHEAST, STAY WARM AND SAFE THIS WEEKEND*
THE STATE OF THE UNION ADDRESS ON TUESDAY
I think this week is pretty reflective of a wait-and-see attitude the market is taking to see what Pres. Obama is going to say on Tuesday with his State of the Union address.
I will be on CNBC Asia live from Washington DC shortly after the State of the Union Address on "Cash Flow" around 10pm ET, next Tuesday night (Feb 12th). I will be addressing what the President said and how the markets are likely to respond. With the State of the Union address and the sequestration at the end of this month, there are a lot of uncertainties in most investors' minds. I think that the markets next week and even perhaps for the rest of the month are going to be choppy. Let's check the trends carefully and see how some of the key markets react to these two important events. Continue reading "Today's Video Newsletter: The market takes a pause before the State Of The Union Address on Tuesday"→