Asian stocks rebound : Will Nifty follow ? S&P near 1900 levels

Asian stocks were up against lows last week , We have seen equity markets were lower across the world , what could be the reason , is easy money over and we see economies struggling for growth . Lot of geo political tensions over the world has fueled money in bonds and treasuries than equity markets . I was looking for a drop for Nifty around 7700 levels [even though my Call strategy for July ended in small profit] , 7500 is a strong support level and will look to buy Nifty around these levels .I will be looking to sell puts around 7400 and keep looking for Flash updates on my blog . Sorry for being away for a while as I was busy professionally .
S&P has taken tumble towards 1900 ... there is a strong probability towards 1840 ..where it will be a strong buy again . In 2015 we have seen most of the economies gearing up and US will be the winner among those . Employment data , manufacturing and housing statistics are all pointing positive and US will slowly improve stronger and much stronger till mid 2015 . Fed being a bit protective but now realizing that cheap money will not be able to drive economy and hence cutting down on stimulus and looking to raise rates in near future . Coming to currencies dollar has rebounded sharply among all currencies , looking for the last decline in USDJPY and will look for a buy around 101.5 levels . Aussies and NZ down because of high inflation and relying most on China growth , will be lower towards end 2014 .
All my long dollar positions are still intact [even though it has cost me some money for keeping so long.]
Have a nice day and keep reading my space ..

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