Monday, May 8, 2017

MONDAY 5/8/17; Chinese Export/Import Data; NIKK (Japan) +2.3%; KOSPI (South Korea) +2.3%; France Election Aftermath; Global Populism Movement Stalls; FDC; ITT; JD; MNK; NWL; SYY; TSN; VIX Prints 9-Handle at 24-Year Low; SPX, COMPQ and NDX Print All-Time Record Highs; CBI; EOG; MTW; MAR; P; RGR; TSO; ZIOP

Emmanuel Macron is elected as the new president of France. The celebrations continue through the evening. France has voted for the status quo. World leaders call Macron to congratulate him on the victory. Nationalism is defeated in France. The global populism movement stalls.

[Text is redacted. Purchase the 2017-05 chronology to enjoy May's economic and market history including new all-time highs in the stock market.]

CDXS +3.3%. EOG -0.5%. MTW -0.9%. P +3.2%. RGR shoots its way +5.1% higher. TSO slips -1.2%. ZIOP is up +1.8% in late trading recovering from the -7% crash during the regular session.

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