Stock Markets Likely To Rise, Again?

Stock markets are likely to rise again as the bulls take on another day
 
The Fortune Teller Speaks:
 
US stock markets are likely to rise again as investors eye the ADP Employment report and FOMC minutes.
 
All Eyes on Wall Street:
All eyes on Wall Street will definitely be focused on the ADP Employment report scheduled out for 8:30 AM EST this morning, and expectations are high as many feel that the US economy is steadily adding more and more jobs.
 
The ADP Employment report results will likely in turn fuel speculation regarding the Fed, Janet Yellen’s plans, and the future of the Fed’s easing program, especially in light of last month’s Fed decision to taper $10 billion off of the regular $85 billion repertoire.  With stock markets rising yesterday in response to the new Yellen-led Fed, today’s FOMC minutes and employment reports could create an interesting concoction for the bulls to run on.

Considering that investors partied hard when the Fed announced its tapering, and considering that investors partied hard when Yellen the Dove was nominated, today could also be an interesting mix of investor confusion.  And, just to add to the fun, we are also due out for a Consumer Credit report sometime today, which could add or subtract to the stock market mood.
 
Hindsight is a Beach and We’re Playing on It:
Yesterday we were again blessed with 100% stock market predictions, with the S&P 500 (NYSEARCA:SPY) gaining .61%, the Dow Jones Industrial Average (NYSEARCA:DIA) adding .64%, and the NASDAQ 100 (NASDAQ:QQQ) adding .96%, resulting in a good day all in all.  As always, I do not care where stock markets go, just as long as we are right!
 
Fun Fact:
A recent study on Market Watch suggests that CEOs who are “attractive” typically receive more money, but such compensation is usually not worth the extra cost to shareholders and investors.  Who would have guessed that looks were not everything?!
 
May the Bulls be with Us:
 
Let us hope that the bulls win once again.  Cheers!
 
This stock market forecast is for educational and informational purposes only.  It is not intended to be investment advice nor an investment recommendation.  Past performance is no guarantee of or indication of future performance and your performance may vary widely from any that may be indicated in this column. There is risk of loss in all investing and trading activities and you should consult your financial adviser before making any investment decisions.
 
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