The market is in correction. As per daily and weekly trend we shall treat this as a opportunity to enter positions (but always place proper defence order).
Google will have real competitor as Microsoft and Yahoo are about to sign a partnership deal (here).
US housing is looking better (here).
Housing bubble in China (here).
Very valuable and interesting paper on trend following strategies (here). Must-a-read.
Sources:
[http://www.trendfollowing.com/whitepaper/Does_trendfollowing_work_on_stocks.pdf]
[http://seekingalpha.com/article/152103-who-will-pay-for-china-s-housing-bubble]
[http://seekingalpha.com/article/152000-microsoft-yahoo-deal-struck-will-be-announced-soon]
[http://seekingalpha.com/article/152107-u-s-housing-are-better-days-ahead]
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