* MARKET THEMES FROM TUESDAY - After Monday's pullback inward jeopardy assets, nosotros saw a bounce overnight on favorable economical tidings from Japan. That led to buying inward commodities, a pullback inward the United States of America of America dollar, too a ascent inward 10-year Treasury rates. All are themes supportive of higher stock prices, and, indeed, buying pressure level was enterprise through the hateful solar daytime on Tuesday. We moved higher upward the August twelfth lows, a grade I've been watching closely, merely nosotros every bit good saw to a greater extent than or less testify of toppiness belatedly inward the day. That volition bring me looking at markets carefully overnight too early on Midweek to meet if the quondam back upward directly serves every bit resistance. If so, nosotros tin await a examination of Monday's lows inward the almost term. If nosotros tin remain higher upward those August twelfth lows, a bounce dorsum into the thick of the prior multi-day attain would last expectable.
* OVERSEAS/OVERNIGHT NUMBERS: 11:30 PM CT - Japan, All-Industry Index; 1:00 AM CT - Germany, PPI; 6:00 AM CT - Canada, CPI.
* EARNINGS: DE.
* WORTH READING:
-- Prospects for U.S. dollar decline;
-- Excellent overview of challenges facing residential existent estate;
-- What lifestyle create traders desire?
-- Worthwhile reading from NewsFlashr, including prospects for to a greater extent than foreclosures;
-- Defaults to rise on commercial mortgage backed securities;
-- Stock marketplace disconnected from economical realities.
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