THURSDAY 9/3/15; Global PMI Services; ECB Rate Decision and Press Conference; Dovish President Draghi Creates European and US Stock Rally; CIEN; CPB; JOY; MDT; International Trade; PMI Services; ISM Non-Mfg Index; RUT Death Cross; COO; PAY

South Korea GDP is in line with estimates at +2.2% year-on-year. Korean GDP is +3.4% in Q1 2014. In Q2 2014 +3.3%. Q3 2014 +2.7%. Q4 2014 +2.5%. Q1 2015 +2.2%. Q2 2015 +2.2%. The trend in weaker economic activity continues and is a negative reflection on other global nations since Korea is an export powerhouse.

New Zealand begins trading jumping +0.7% out of the 






















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Fed dove Kocherlakota repeats his ongoing mantra saying the first rate hike should be delayed until 2016. Kocherlakota says a rate hike should not occur with inflation running well below the Federal Reserve’s 2% goal.

70% of the terrorists released from Gitmo (GTMO; Guantanamo Bay Detention Camp) by President Obama are back on the battlefield killing people and targeting Americans.