In the lead up to President Trump’s joint session address tonight in Washington (Wednesday 2.00 am GMT is the scheduled time), the US Treasury yields have started the week moving back up, but without too much conviction. The US Dollar is not breaking decisively to the topside. It’s frankly very difficult to know what markets expect from the joint session address, but expectations of an address with some reassuring and guiding details of the fiscal stance, from tax policies, and infrastructure might have been an ambitious hope. Perhaps the market is expecting a little more now. We can only bide our time till tomorrow and beyond. And you never know with this President whether even his promises, such as “something special” that he has promised health insurers, will be matched with the required detail.
To mark my 1275th issue of Tradernoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1/4 updated emails throughout the trading day. This offer is open to both new and existing members and if anyone is interested can you please contact me on firstname.lastname@example.org for details.
For anyone following my Platinum Service it finished flat yesterday as none of my calls got hit on what turned out to be one of the quietest trading sessions for the year to-date and is still ahead by 1419 points for February having made 1734 points in January, 1351 in December, 1971 in November and 1582 in October. The previous four months saw gains of 1142, 1782, 1682 and 2550 points respectively. Since I started this Platinum Service in June 2015 it has averaged a monthly gain of over 1800 points.