* MARKET THEMES FROM TUESDAY: Stocks rallied overnight, pulled dorsum inwards early on morn trade, in addition to thus spent the ease of the session inwards a arrive at manner digesting its gains in addition to maintaining about of those. The USA dollar was notably weak; crude was strong; 10-year Treasury yields rose; in addition to gilded was higher, though off its tiptop level. We saw good advance/decline strength in addition to momentum for the 2nd consecutive trading session; over 1300 issues made fresh 20-day highs. Normally such forcefulness leads us to merchandise to a higher house the prior day's high during the side past times side trading session. I'll locomote posting shortly, however, a historical analysis that suggests subpar near-term returns next 2 consecutive days of rigid upside momentum. Market roll here.
* OVERSEAS/OVERNIGHT NUMBERS: 1:00 AM CT - Germany, CPI; 3:30 AM CT - UK, merchandise balances; 6:50 PM CT - Japan, PPI; 8:30 PM CT - Australia, unemployment. Earnings due out Wed weekly toll targets for SPY;
-- ETF review provides cautious outlook;
-- Stocks inwards a sugariness topographic point and to a greater extent than expert links.
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