Monday, April 6, 2015

Info!! Eve Briefing For August 23Rd

* MARKET THEMES FROM FRIDAY - Stocks broke to the upside Fri forenoon on potent buying pressure level in addition to robust sector participation, never looking dorsum in addition to setting novel cost highs for the bull move. (See indicator update for a longer-term perspective on the market's forcefulness in addition to the sector update for a await at short-term tendency status). As of this writing, inwards early on Globex action, stocks are continuing to add together to gains. The U.S. dollar weakened for much of the day, fossil oil traded relatively apartment afterwards real early on forcefulness in addition to gilded held onto gains. The 10-year Treasuries fell, raising rates to a higher house 3.55%. While sector in addition to indicator divergences are present--note that nosotros are non seeing novel cost highs inwards EEM at this time--short-term momentum is clearly bullish in addition to nosotros accept been showing day-over-day strength.

* OVERSEAS/OVERNIGHT NUMBERS: 7:30 AM CT - Canada, retail sales.

* EARNINGS FOR MONDAY: WINN

* WORTH READING:

-- Risk assets dorsum inwards favor; Friday's major accumulation day inwards stocks;

-- Influenza A virus subtype H5N1 await at marketplace stance and much to a greater extent than expert reading;

-- How healthy is housing?
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