SUNDAY 5/10/15; Mother’s Day; PBOC (China) Rate Cut

Happy Mother’s Day. Storms, tornado’s, floods, high winds and hail continue to haunt Oklahoma and Texas. Local business and commerce is hurt in the near term. HD and LOW will benefit during the reconstruction. 30 million people (1 in 10 Americans) are affected by the adverse weather across the Midwest.

Ana, the first named hurricane for this year, is 


















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]










































 the PBOC rate cut announcement, Asian stocks are set to move higher. The NIKK futures are up +0.3%. Euro 1.1194. Dollar/yen 119.83. USD 94.865. Pound 1.5437. Aussie dollar 0.7921. US futures are marginally positive. S&P +1. Dow +9. Nasdaq +2. Traders were expecting a Chinese rate cut and although global indexes are favoring a happy start the upside potential appears limited as the new week of trading begins.

WTIC oil 59.25. Brent oil 65.35. Natural gas 2.927. Gold 1188. Silver 16.45. Copper 2.9275.

Treasury yields are; 2-year 0.57%, 5-year 1.49%, 10-year 2.15%, 30-year 2.90%.