Monday, February 16, 2015

TUESDAY 2/17/15; Greece Bailout Talks Breakdown; Ukraine Ceasefire Fragile; GPC; GT; MDT; Empire State Mfg Survey; SPX 2100 New All-Time High; RUT and AAPL All-Time Highs; COMPQ 15-Year Record High; DVN; FE; FLS; LZB; RAX

At 6:36 PM EST in the States Monday evening, Asian indexes are preparing for Tuesday trading. US futures are weak. S&P futures -10. Dow -63. Nasdaq -7. The euro drops like a stone to 1.1342 after the Greece bailout talks fail. Euro/yen 134.43. Dollar/yen 118.52. Pound 1.5363.

WTIC oil 52.68. Brent oil 61.60. Natty gas 2.85. Gold 1232. Silver 17.28. Copper 2.61.

US Treasury yields are; 2-year 0.64%, 5-year 1.54%, 10-year 2.05%, 30-year 2.65%. Bond trading will begin shortly.

Northern Japan is hit with a 6.9 magnitude earthquake creating a small tsunami 















[Text is Redacted: Purchase February 2015-02 to Read the Complete Chronology]

























DHS will run out of funding next Wednesday, 2/25/15 if an agreement is not reached by the lawmakers. The theatrics are occurring as a means to slowdown or stop President Obama’s independent actions on changing immigration laws. Washington, DC, is dysfunctional.

Student debt is at the highest levels ever; a shameful $1.16 trillion. No wonder young adults are not buying houses. They are straddled with student debt while working at a low-paying job, if they have a job, that does not even make use of their expensive education. If studying accounting, engineering, medicine and other difficult fields, the hard work will likely pay off. If taking on loans to study Basket Weaving 101, that will get you nothing except deep in debt.

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