* MARKET THEMES FROM TUESDAY: Stocks traded alongside their multiday make on Tuesday, ahead of Wed afternoon's scheduled Fed announcement. Intermarket themes were largely bullish, alongside a weak USA dollar in addition to rigid golden in addition to fossil oil prices. The ES futures held back upward inwards the morning time at the 1062 expanse in addition to stayed to a higher house that order inwards the afternoon, alongside cyberspace buying visit inwards NYSE TICK. Should nosotros fit to a higher house the afternoon lows overnight, I would hold off a run to exam the bull highs. New 20-day highs on Tuesday were 1681; lows were 166, in addition to therefore no meaningful deterioration there. Advancing stocks led decliners handily on the day, returning the advance/decline trouble specific to S&P 500 stocks inside a curt distance of its bull high. Market roll here.
* OVERSEAS/OVERNIGHT NUMBERS: 1:45 AM CT - France, consumer consumption of mfg. goods; 6:50 PM CT - Japan, merchandise merchandise balances. Earnings scheduled for Wed can endure institute here.
* WORTH READING:
-- Very interesting reverse view on the vigor of the economical rebound;
-- Nice source for marketplace position summary in addition to comment;
-- Fed dilemma: tight credit impeding economical growth;
-- Interesting site roofing the options marketplace position inwards existent time;
-- Issues inwards rebalancing China's economy;
-- Economic indicators continue to rebound.
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