Here is the latest appearance from T3Live‘s Scott Redler’s on CNBC Asia last night. The meat and potatoes of the move is over, but after a decent jobs number this morning the market should be able to surge into year-end. The number certainly was not bad enough to immediately prompt QE2 from Helicopter Ben, but the market seems to have priced in massive easing. Alcoa (AA) beat estimates yesterday to kick off earnings season, although the aluminum producer has been the weakest performing DOW component year-to-date. Gold also seems to have put in a short term top, and with the potential for increased cooperation in the currency markets, its possible flight to Gold could stagnate for the time being. Keeping in mind inflation, however, on a macro basis Gold could certainly still extend higher.
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