Austin, TX (PRWEB) November 01, 2012
Absolute Wealth has released the most recent market update video, and in it contributor John Carter looks at the closures of the markets due to Hurricane Sandy.
“Obviously [it’s] a very unusual set of circumstances with what’s going on in the marketplace,” said Carter in the video. “The last time that the markets were closed due to weather was in 1888.” He mentions that the only other time the markets were closed in his lifetime for any unscheduled basis was after September 11, 2001.
“What’s been happening is that the futures sold off about the equivalent of almost 200 DOW points over the last couple of nights,” Carter said. “At this point, the question is, what happens now?”
Carter said the targets he predicted were hit, and if the strength can rally, trades will be able to be executed.
“We’re overdue here for a little bit of a pop,” Carter said in the video. “It’s a little bit of a hurry up and wait day Wednesday, to kind of see how the markets digest all this news.”
Viewers can follow along with Carter as he browses through the stock numbers and data charts, and visually see the very movements and patterns he is talking about.
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John F. Carter has investment expertise in his blood, growing up with a father who worked as a Morgan Stanley broker. After studying abroad and at the University of Texas, Carter worked as a financial analyst in the retail sector. In 1998 he became a full-time professional trader and later started to seek out other traders and post information online, which led to the launch of TradeTheMarkets.com, as well as a Commodity Trading Advisor through Razor Trading. In 2006 he published “Mastering the Trade,” a best-selling book in its niche since its release.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.