The Asians Will Save the Markets

That title came off a little racist, calling them “The Asians.” But I promise you, I meant it in the least hostile of ways. After all, some of my largest positions are Asian (BIDU).

Following America’s shit-filled session, Asia took the torch and burned down the fucking short sellers with it.

China is +2%, Hang Seng is up 2%, NIKKEI is +1.2%. It’s a good day to be Asian today.

Both European and U.S. futures are up 0.6%. But you know how that shit works, men lazily clad in pajamas fucking around with the computers, making things go crazy. I’ll believe the U.S. market will go higher after I see it close higher.

Of course the big story is the dollar, weaker again versus the euro. Should it break $1.15, I suspect you’ll start to hear rumblings about it, which might stoke the flames of many a beaten down commodity stock.

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