Wednesday, May 27, 2015

WEDNESDAY 5/27/15; NIKK and SSEC Record Highs; G7 Meeting Begins; TOL; KORS; TIF; DSW; Greece Deal Rumor Creates Europe and US Stock Rally; Semiconductor Rally; COMPQ All-Time Record High; PANW

The DoD (Department of Defense) is tracking Keystone the Scribe’s daily chronology through its secure IP addresses. It is interesting to know that this valuable daily global information that market participants, economists, students, traders and investors rely on is viewed as useful intelligence by the US government.

Asia indexes end mixed with Japan and China higher. The NIKK gains +0.2% to 20473 another record 15-year high. BOJ meeting minutes show concern remaining over the +2% inflation goal. The SPASX200 is down -0.8%. Fortescue Metals retraces -2% after the big +11% up day. The weakness in commodity stocks sends the Aussie broad market lower.

KOSPI -1.7%. Former Fed Chairman paints a rosy picture from a forum in Seoul, South Korea, proclaiming that China will not experience a hard economic landing. Bernanke says 



















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































 PANW earnings are better than expected. Palo Alto Networks comments on the CirroSecure acquisition and PANW trades flat to marginally higher. TEVA discloses a 1.4% stake in MYL and both trade higher on the news. Chip maker ADI trades down -1% on news of insider selling; vice president John Hassett sells 10K shares.

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