Stock Markets in October 2010

“Positive Outlook for the stock- and financial markets”

Our Trend Indicators for the week of October 4, 2010 point up. Key news events this week will be based on reports about the employment situation. We should not expect wonders in the change of unemployment but: - no bad news will be considered good news- and sponsor the markets to trade toward the upside. Meanwhile institutional investors accepted that high unemployment is going jointly with high corporate earnings to come out soon. If we take the old method of P/E(Share Price/Earnings), and recognize that many quality shares are available around a P/E of 10-12 and with that offer perfect opportunities.

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Please check on the key events and if you are day trading, stay out of the markets at the highlighted times.