China’s numbers are due on Sunday night and I feel it prudent to give everyone a very, very serious heads up as to the implications and ramifications in equities markets come Monday morning.
Look out below as the GDP numbers out of China are more than likely going to disappoint. This has “ugly” written all over it as coupled with a likely string of “disappointing earnings reports” to follow out of the U.S – the combination could prove to be one for the books.
We’ve known this for some time now, and considering that my short-term tech went “short $SPX” on Thursday afternoon, and has also signalled “long JPY” for Monday morning – the rubber meets the road here again on Kong’s ability to forecast / see this stuff coming long before the crowd.
I am at complete odds as to why the entire planet isn’t already in complete “duck for cover” “risk off mode” but then on the other hand…… not really that surprised. Ben’s got your back right? Oh boy.
The plan is to “get ahead of this stuff” not “react to it”.
In any case….we here at Forex Kong we’ll know exactly what’s up late Sunday evening, and will continue positioning accordingly.
Check the real-time tweets etc.