{+++} The markets are looking forward as GM goes bankrupt today. Asian equity markets are higher, the Nikkei gained 1.6% and technically broke out beyond the 9503 level. China’s recovery seems to continue and the Hang Seng picked up about 3% on better than expected PMI. Currency gains against the greenback were cut a little short as Geithner is in China and has reaffirmed his attempt to halt the weakness the the dollar. Talk is cheap, so we’ll see how that goes.
I had these names and others on the video that I couldn’t publish last night, the triggers were on last night’s blog post. My mission today is to get video working. Hang in there. The market is gapping up so don”t chase things in the early going.
