* MARKET THEMES FROM FRIDAY: We saw stocks brand a marginal novel bull marketplace high early on inwards morn merchandise earlier selling off difficult inwards the morn too rebounding weakly inwards the afternoon. The rejection of the cost highs, combined amongst the divergences at the marketplace peak, led me to conduct maintain a modest curt grade inwards the S&P 500 Index too concur it over the weekend. This is non intended equally a short-term merchandise (but does conduct maintain a relatively tight stop); I volition hold upwards blogging close the grade early on this coming week. With the drib inwards stocks, nosotros equally good saw firming of the U.S.A. dollar too some selling inwards fossil oil too gold, though the latter was non peculiarly pronounced. In premarket trade, Nippon started its twenty-four hr catamenia higher on the election news, simply stock index futures inwards the U.S.A. conduct maintain pulled dorsum from early on strength. H5N1 motion below Friday's lows would target the 8/27 lows roughly 1015 inwards the ES contract.
* OVERSEAS/OVERNIGHT NUMBERS: 3:00 AM CT - Italy, retail sales; 4:00 AM CT - Italy, CPI; EU, consumer prices; 7:30 AM CT - Canada, GDP.
* EARNINGS: BTGG, CMM, JAVA (before the open); BNHNA, CFI, FMCN, SINA (after open).
* WORTH READING:
-- Registration info for Wednesday's costless trading psychology webinar;
-- Provocative thoughts close ETF update too marketplace view;
-- Nice investigation of how marketplace trades later fake downside breakout;
-- FDIC taking on banking concern losses;
-- Stocks showing the highest curt interest.
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