Monday, April 21, 2014

MONDAY 4/21/14; Leading Indicators; NFLX

Australia, Kong Kong, Brazil and New Zealand markets are closed. Japan reports a record trade deficit as exports slow. The yen weakens slightly moving towards 102.60. The NIKK pops +0.5% but finishes the session flat with the weaker yen unable to overcome the negativity of the trade data. US futures are on the positive side. The BOJ provides a decision on monetary policy next week on 4/30/14. Japan is building a radar site near the disputed China-Japan Diaoyu Islands which will ratchet up the tensions between these two countries. The SSEC drops -1.5%. KOSPI loses -0.3%. Gold miners and coal and steel stocks are weak. The Beijing Auto Show begins this week.







[Text is Redacted: Purchase April 2014-04 to Read the Complete Chronology]










NFLX jumps +3% then drops to +2% bouncing like a yo-yo in volatile AH trading. After the dust clears, NFLX is up +7%.

The Whitehouse is calling on Russia to become more active in resolving the East Ukraine violence. Photographs show that Russian troops are already inside East Ukraine contradicting Putin’s insistence otherwise. The US threatens more sanctions but no one pays attention to the rhetoric anymore.

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