Wednesday, August 2, 2017

THURSDAY 8/3/17; PMI Services Indexes; BOE Super Thursday Rate Decision and Governor Carney Press Conference; Challenger Job-Cut Report; AET; CLX; K; ED; DUK; PPL; APA; AVP; CHK; DISH; GCI; H; REGN; RGEN; YUM; Factory Orders; ISM Non-Mfg Index; INDU (Dow Jones Industrials) 7th Record Close; ATVI; CZR; LOCO; FLR; FSTR; MTZ; NE; SHAK; TIVO; VIAB; WTW; YELP; YRCW

US futures are flat. S&P -1. Dow -3. Nasdaq -2. Euro 1.1848. Dollar/yen 110.82. Pound 1.323. Aussie dollar 0.7952. Dollar/yuan 6.7217. USD 92.92. The US dollar index bounced off its 200-week MA at 92.36 with a LOD at 92.39. This 92.36-92.39 is a firm line in the sand. Dollar bulls need this support to hold going forward. Dollar bears will cheer if USD slips below 92.35.

The euro pops since the dollar drops. Euro tags a HOD yesterday at 1.1909 above the 1.19 level for the first time since January 2015 over 2-1/2 years ago. The euro 200-week MA resistance is 1.1789. The longer the euro 
















[Purchase the 2017-08 chronology for August's economic and market real-time history including new all-time record stock market highs.]













leaking this information are damaging the country. Most of the leakers are either loyalists to a progressive movement in America or establishment politicians wanting to maintain the status quo. These deep state groups are obsessed with moving the country in their preferred direction by hook or by crook. 

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