Wednesday, January 10, 2018

THURSDAY 1/11/18; China Refutes Story About Paring-Back Purchases of US Treasuries; HSI (Hong Kong) Prints Record High and 13-Day Record Winning Streak; FTSE (London) Record High; DAL; PPI (Producer Price Index); SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; Dow Above 25,500; Nasdaq Composite Above 7,200; Nasdaq 100 Above 6,700; NYSE Composite Above 13,200; Dow Jones Transports Above 11,300; WTIC Oil Above 64; Brent Oil Above 70; 30-Year Bond Auction; UTIL (Utilities) in -11.5% Correction

Euro 1.195. Euro/yen 133.10. Dollar/yen 111.38. The stronger yen (lower dollar/yen pair) will smack the Japanese exporters and 






[Purchase the 2018-01 chronology to experience the S&P 500 crossing above 2,800 and Dow Industrials above 26,600.]




 tomorrow morning’s bank earnings reports, three of the four stocks on deck finish higher. JPM +0.5%. WFC -0.2%. BLK +1.2%. PNC +1.3%. Tomorrow’s bank earnings will set the market mood for the days ahead.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.