Trading Market Commentary May 11, 2017

Commentary

US market was mixed yesterday as the talk of the day was what to make of the termination of FBI Director James Comey. A high number people theorized that this move might lead to a postponement of necessary administration strategies, taxation changes, quoting deregulation, and infrastructure projects.

The FTSE100 was the top performer index yesterday jumping by a 2.2%. Euro zone sentiment was elevated yesterday following Mario Draghi speech to the Dutch parliament declaring that the economy has made the turn to the upside, and it is viewed as a wide-ranging upswing. 

The entire marketplace is continuously playing at record levels, and the short term trading risk/reward is hit and run action.

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