This past week the dollar continued to go lower and is at near record lows against the euro, the British pound, and the Australian dollar. The American GDP report was a surprised with the government estimating growth of the first quarter at an annualized pace of 1,26%, the slowest single quarter in 4 years. With this in mind the bulls kept running and the Dow broke through the 13.000 level, with people talking already about Dow 15.000. The wild card remains the FED. The Dow at record highs and growth at lows with the US dollar but with inflation higher, makes the next FED move the million dollar question, to better understand the future of the markets.

For those who like statistics the Dow as only made gains in 19 consecutive sessions of the last 21 trading days 3 times in his history, the first time in 1927 and the second time in 1929.

In Europe the British pound broke above the $2 barrier against the US dollar for the first time in 15 years. In the UK the interest rate theme is clear and is driving the pound up because inflation is on the fast track.

The World TopInvestor has a new leader, Alexander Nikolov and he comes from Bulgaria with gains of 119.80, up 42% from last week.

On the 10th week of the WTI competition Ales the leading Slovene lost 29.24% during the week, almost the biggest week to week loss in Slovenian rankings mainly due to a position on GBP/USD.

Manuel Leguinha leading the Portuguese league, lost 32% during the week but remains first with gains of 83%. Tamás Schmidt, leader of the Hungarian  league also lost 39% during the week and has now gains of 86.75%, but is now second at World level.