David Fuller's view

I look forward to another lively and enjoyable evening, which features the return of Dr David Brown who will discuss the new Industrial Revolution.  

Meanwhile, I hope subscribers have profited from the Trump bull market rally, recently consolidating a short-term overbought condition.  It will be interesting to see how Wall Street performs throughout January.  If indices such as the Nasdaq Composite remain steady, let along firm, we could see another upside momentum move. Looking further ahead, I would give the upside the benefit of the doubt provided the early November reaction low is not challenged.  

Also, keep an eye on China’s Shanghai A-Shares Index, because the world’s second largest economy is the next biggest international influence after Wall Street.  Sharp reactions in Bitcoin and the offshore Chinese Renminbi suggest that China is trying to slow its currency outflow.     

It will be interesting to discuss all of this at Markets Now on January 16^th, and to hear your views as well.  Come along to contribute and enjoy the fun.