Who Cares About Earnings? We Trade Inflation Creation

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Uploaded on April 24, 2012 by inthemoneystocks

This morning, the stock market futures and the European stock indexes are all trading higher. Earlier today, Spain and the Netherlands were able to complete a successful bond sale. The market seems to be viewing these auctions as a positive event despite the rumors of central bank intervention. We shall see if the bond yields start to move higher in European debt, as long as yields hold steady the markets are likely to hold up. Traders should continue to follow a chart of the U.S. Dollar Index (DX-M2) as most major stock indexes will trade inverse to the U.S. Dollar. Some leading equities that are likely to be volatile today include ProShares UltraShort Euro (ETF) (NYSEARCA:EUO), iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG), iShares MSCI Spain Index (ETF) (NYSEARCA:EWP), and Banco Santander, S.A. (ADR) (NYSE:STD).

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