Monday, November 21, 2016

TUESDAY 11/22/16; Global Stock Markets Rally; S&P Futures Tag 2200; Dow Futures Tag 19K; ADI; BKS; CPB; CHS; DLTR; DSW; EV; HRL; MDT; SIG; VAL; Existing Home Sales; SPX (S&P 500), INDU (Dow Industrials), COMPQ (Nasdaq Composite) and RUT (Russell 2000) New All-Time Record Highs; SPX Above 2000; INDU Above 19000; Euphoric Trump Rally Continues; 5-Year Note Auction; HPE; HPQ; GME; URBN

US futures are higher. The Trump euphoria is unstoppable. S&P +2. Dow +21. Nasdaq +7. Euro 1.0638. Dollar/yen 110.56. Pound 1.2498. Aussie dollar 0.7377. Dollar/yuan 6.8928.

[Text is redacted. Purchase the 2016-11 chronology to enjoy November's economic and market history.]

API Oil Inventories are down 1.3 million barrels when a flat inventory or small 800K build was expected. Oil prices should rise on the news. WTIC 48.04. Brent 49.12.

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