July Cover Highlights;
ALL-TIME RECORD STOCK MARKET HIGHS
CONTINUE
DOW 22093, NYA 12013, SPX 2484,
COMPQ 6461, NDX 5996, RUT 1452, TRAN 9764
OBAMACARE REPEAL AND REPLACE BILL
FAILS IN SENATE
US DOLLAR INDEX DROPS EURO POPS
GOVERNMENT LEAKS
WHITEHOUSE DRAMA
HUMANS EMBRACE CHIP IMPLANTS THE
MARK OF THE BEAST
The July chronology highlights
the non-stop all-time record breaking stock market highs. India’s BSE Sensex is
above 32K. The Dow Industrials print above 22K in early August another
milestone. The Dow Transports, however, are sinking like a stone. As July ends
and August begins, the Dow Industrials (INDU or DJI) and the NYSE Composite
(NYA) are printing record highs while the other indexes watch. Either the Dow
and NYA are leading the broad market higher going forward, or, these two
indexes will roll over to the downside. The Russell 2000 (RUT) is below its
50-day MA which will be tested in the days ahead.
The US dollar index and euro make
big moves; these currency baskets move inverse to each other since they are
weighted with each other’s currency. The dollar is sinking so the euro is bouncing.
The euro tagged 1.19. Both the euro and dollar are testing their 200-week MA’s,
resistance for the euro and support for the dollar, and that battle continues
for the days ahead.
The daily Whitehouse drama
continues with personnel changes occurring after only six months. The Russia and
other investigations continue. Leaks from the government are damaging President
Trump and the country. There are five times as many leaks occurring as compared
to prior presidents.
There are democrats and liberals that
pursue a progressive agenda for the country that are seeking to undermine and
damage the president as well as establishment demopublican and republocrat
politicians that do not want their beltway parties to end that have a vested
interest in seeing the president fail. These groups are referred to as the ‘deep
state’ that continue leaking sensitive government information hoping to embarrass
and damage President Trump. America has become ill.
The chronology explains
the price moves in global stock, bond and currency markets after key geopolitical
events, central bank monetary policy meetings and economic data releases such
as the monthly jobs report. If you are trying to make sense of the
markets this is the resource for you. No other publication exists
where the stock, bond and currency moves are detailed and explained
as world events and economic news take place in real-time.
You can
re-live the real-time price moves and excitement in markets for any past events
including the May 2015 stock market top (2015-02 through 2015-10), Brexit
(2016-06 and 2016-07), the US election (2016-10 and 2016-11), the drama behind
the French election (2017-04 and 2017-05), economic data releases, monthly jobs
reports, Fed meetings and much more. The wild overnight crash in the S&P
futures, and quick recovery, after President Trump’s election last November is chronicled
in real-time, as it happened minute-by-minute, in the 2016-11 publication.
As always, all monthly publications of the Daily Chronology of GlobalMarkets and World Economics are available from the links in the margins of the K E Stone blog sites or simply searching on Amazon or Google. The monthly publications contain updated information not posted on the Keystone the Scribe web site as well as clarifications, corrections, edits and refinements to the ongoing daily blog text.
The July 2017-08 chronology is
tentatively set for publishing by Amazon on Saturday, 9/2/17.
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