US Politicians eventually agreed to end the shutdown, we hope that focus will be now again on company earnings, growth, and macroeconomic merits. But another FED meeting is upcoming end of October. Will they choose to ease up on the bond buying? Jobless claims though increased because of the shutdown. Will this be considered by Bernanke and group? Or the semi-experimental printing of money just had to be going on of too long and had to be lessened?
SMC announced property divs at a value seemingly at +10% yield against its current price . The stock increased just +5% though with foreigners exiting. I wont go back to SMC at this time; better to see robust earnings rather than this divs, which can just be an attempt to list-by-introduction Top Frontier Holdings and have a couple of major holders exit, more than any thing.
Gold increased substantially last night. Im adding LC at opening.
BEL and MCP might be going down. This and other stocks listed in the previous post are on my watchlist. Im getting in if they get to my desired prices.
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