
RECORD FOREIGNER DEMAND ADDS TO THE HIGHEST PROBABILITY SCENARIO FOR STOCKS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Positive Scenario Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: In the Morning Capsule we wrote, Further in our analysis, if the Fed increases by 25 basis points, the stock market may rally as the overhang of a 50 basis point increase will lift. There is a new data point that strengthens the foregoing highest probability positive scenario. The new data is that demand by foreigners was at a record high at $50B 3-year Treasury note auction.