Markets show High Volatility

~~~ Qs~~~ 45.93 after trading to 46.15 gaining 3.38%. With positive market reaction to CSCO earning report in AH, Qs is trading at 46.18 in AH.

Even though Qs is showing a sign of breaking above 46 which noted as a one-month trading range of 44-46, market breadth does not show strong upside momentum.With the SERIOUS geopolitical issue with IRAN nuke program, we have high risk in markets.

While we have normally favorable 3 month going into Nov election, because of the nuke issue with IRAN, we have increasingly high uncertainty in market.

Everyone should be very, very serious about the Iran Nuke issue as we have the fundamentally irreconcilable differences which will destroy us if we handle carelessly!!!

http://www.bible.ca/islam/islam-encyclopedia-westerners-need-to-know-list.htm


~~~ SPX ~~~ The Fed Day ~ High Price Volatility with SPX 35.87 points, 2.87% move. Market breadth does not confirm the rally.

$COMPX 2349.83 64.27 2.81%
$INDU 11615.77 331.62 2.94%
$INX 1284.88 35.87 2.87%
$SOX 350.33 10.63 3.13%

Market internal does not show strong positive momentum.
For example we do not have 9:1 supporting strong upside momentum prospect.

Even though we have positive market reaction to CSCO earning, we need to be skeptical about the current market environment as we have serious geopolitical issues with IRAN Nuke program.

We are living in very dangerous, volatile time. We must see that Iran is cooperating with U.N. because the fundamental belief is very dangerous i.e. the best way to heaven is to kill non-Muslims.

In western thinking, we are now separating "religious belief" from "state/market activities"; however, IRAN/Muslim is the opposite, the religion controls the government and other activities. Also, some do not hesitate to lie, cheat, bear false witness to win. That is entirely different thinking than western faith.

Also Iran/Islam faith is killing non-muslim is THE BEST WAY to heaven. Considering these facts to the IRAN/Israel/US conflict relating to OIL price, we need to be very careful and be cautious.

This is not just words or debate, but reality as we see continued suicide bombing.
http://www.bible.ca/islam/islam-encyclopedia-westerners-need-to-know-list.htm