Futures on the US side are in the positive tonight before the morning open. With Asian markets still in the green for the past two days, it looks like there still might be further steam in the US movement. The momentum might be short lived as we have seen in the past two weeks, good news has not initiated any major rallies but have made movements slightly in a see-saw sort of way.

Here is what to expect for the coming week:

News Worth Reading:
Kraft’s $16.7 Billion Cadbury Bid May Thaw European M&A Market.

Oil Trades Near $68 as OPEC Meets, U.S. Driving Season Ends.

I don’t see any strong buying opportunities this week but more of a chance to start dropping some holdings and banking profits. Predictability of market trends based on traditional indicators has been thrown out the window, so this will be an interesting couple of weeks as the month unfolds. Be cautious of your holdings!

Happy Investing!

Aman, MBA

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