Tuesday, May 17, 2016

WEDNESDAY 5/18/16; ADI; HRL; LOW; SPLS; TGT; FOMC Minutes; US Stocks Reverse Wildly Lower Intraday; USD is Up; Gold and Oil Down; US 2-Year Yield Above 0.90%; AEO; CSCO; LB; CRM; TTWO; URBN; WSM

US futures are 

[Text is Redacted: Purchase May 2016-05 to Read the Complete Chronology]

Two earthquakes hit Ecuador the first is a 6.7 magnitude and second an even larger 6.8 magnitude. Several days ago, Ecuador was hit with a 7.8 quake that killed over 660 people and injured nearly 17K. Rescue is underway. The full moon peaks on Saturday at 5:14 PM EST so the heightened gravitational effects on Earth may create further earthquakes over the coming days into next week. Stocks are typically bullish moving through the full moon.

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