* MARKET THEMES FROM THURSDAY - On the heels of Wednesday's gain jump performance, inwards which stocks stayed higher upwards their overnight lows despite overall selling of direct chances assets, Th started potent out of the gate, reaching the R2 grade earlier the open. We moved to novel bull highs on practiced book earlier buying moderated as well as belatedly selling retraced a practiced share of the early on gains. The NASDAQ futures were specially weak inwards the afternoon; stone oil was potent on the session; gilt unopen off its highs; the dollar unopen off its lows vs. euro (but has since fallen dorsum thence far inwards overnight trade); as well as a favorable auction took 10-year yields off their highs yesteryear the close. With 2723 novel 20-day highs as well as alone 182 novel lows alongside NYSE, NASDAQ, as well as ASE issues, the marketplace was clearly strong; note, however, that this is genuinely fewer novel highs than nosotros saw on 7/23. I volition hold upwards watching closely for signs of deterioration inwards the novel highs; to a greater extent than problematic for the bulls would hold upwards a meaningful expansion of 20-day lows. That hasn't happened to this point.
* OVERSEAS/OVERNIGHT NUMBERS: 3:00 AM CT - Italy, PPI; 4:00 AM CT - Italy, CPI; EU, consumer prices; EU, unemployment; 7:30 AM CT - Canada, GDP.
* EARNINGS: CVX, GAS, PKD, WY
* WORTH READING:
-- The value of cutting losses on depression chance trading days;
-- Thanks to Gustavo for key posts inwards Portuguese;
-- The TradeOrderFlow weblog makes nice move of video to illustrate twenty-four lx minutes menses trades;
-- Economy tanking, precisely stocks rising and other practiced marketplace reads;
-- Volume tin hold upwards deceptive and to a greater extent than splendid updates;
-- Ray Barros is offering webinar sessions on the habits of success with costless previews.
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