As evident in the stock markets the past one week, investors have reacted strongly, in a negative way, to the global unrest in Egypt, bolstered by a handful of disappointing earnings reports, e.g. F5 Networks, Amazon Inc., Ford Motors.
However, I believe that the market will continue in an upward trend as we near the beginning of February, though a few bumps along the ride are expected, as the Egypt situation eases and a whole new slate of earnings reports are unveiled.
Stay tuned.
I certainly hope so!!
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