Apr-18 Remarks for mid-term

Like C, the banks are going to post upbeat results as the estimates have been cut significantly. I have talked about this before as a point of money makers strategy on supporting the market recovery. We will see some other evidence later. Several remarks are quite important for mid-term in next months:

• It is quite important to close above 12800 either today or next week to form bullish pattern and trigger institutional buying power. If not, I need to think carefully about the market.
  
• There will be another remaining issues for this sub-prime mortgage crisis, while market will have further correction after June.
• For financial stocks, I recommend BX and V two weeks ago and they are in good shape now. Besides, C is going to test 30 in near term, BAC will follow and they will help to bring up DOW over 13000.
• Brazil is really outperform this round and will outperform for another months, I believe China and India markets will follow up later therefore I think now it is a buy-and-hold point for stocks and funds for China and India markets.

Good luck!