Sunday, August 16, 2015

SUNDAY 8/16/15

Indian Prime Minister Narendra Modi visits Abu Dhabi, UAE, to promote trade  and investment opportunities. There are 2.6 million Indians 




















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........... such a government surveillance style society in America. Nonetheless, the majority of Americans are freely giving up their liberty for the perception of safety without even thinking twice. As Benjamin Franklin said over 200 years ago, these folks deserve neither liberty nor safety.

Saturday, August 15, 2015

SATURDAY 8/15/15

SPX 2092. INDU 17477. COMPQ 5048. 

















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.... from McIlroy. Sponsor NKE continues to pay Tiger Woods for missing cuts and performing poorly. Nike may be questioning the wisdom of continuing their partnership with Woods and his flailing golf game.

Thursday, August 13, 2015

FRIDAY 8/14/15; European GDP's; JCP; PPI (Producer Price Index); Industrial Production; Consumer Sentiment

Chinese security regulators say the market fluctuations are normalizing and global investors should not expect open-ended yuan devaluation. China wants to allow 






























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 is suspended as rain and lightning ends the day. Aussie’s Jason Day and Matt Jones lead the contest that concludes on Sunday.

THURSDAY 8/13/15; PBOC Stabilizes Yuan; AAP; KSS; Retail Sales; Import and Export Prices; Business Inventories; WTIC Oil Sub 42 a 6-1/2 Year Record Low; AMAT; JWN; LOCO; VJET

At 8:30 AM Tokyo




















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... off the lead.

Tuesday, August 11, 2015

WEDNESDAY 8/12/15; Cascading Global Selloff; China Further Devalues Yuan; German 2-Year Yield -0.29% and 10-Year Under 0.60%; Euro Above 1.11; M; BABA; JOLTS Report; 10-Year Note Auction; US Stocks Stage Dramatic Turnaround Rally Intraday; CSCO

At 8:02 AM Tokyo time (7 PM EST Tuesday evening in the States), US futures are 





















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CEO Chuck Robbins provides his first conference call commentary; it is odd to no longer hear John Chambers at the helm after a couple decades. CACI misses on earnings. NTES drops -3% after reporting earnings. On a sad note, former President Jimmy Carter, 90 years old, says he has cancer throughout his body and will begin treatment next week.

Monday, August 10, 2015

TUESDAY 8/11/15; China Devalues Yuan; Global Currency War Accelerates; Greece Finalizes Bailout Agreement; ORLY; RRGB; Productivity and Costs; Wholesale Trade; European and US Stocks Selloff; Oil Stumbles WTIC at 43 Brent at 49; FOSL; SYMC

Asian indexes are set to receive 






















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 5-30 spread is 129 bips. Japan 10-year yield 0.406%. German bund 0.634%. The German-US 10-year spread is 151 bips.

Sunday, August 9, 2015

MONDAY 8/10/15; Weak China Data Paves Way for PBOC Stimulus; DF; US Stocks Rally; Oil Rallies WTIC 45 Brent Above 50; KHC; SHAK; HTZ; MDR; XONE

Singapore markets are closed as the 50th anniversary celebrations of independence come to a 

















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 Japan 10-year yield 0.42%. German bund 0.705%.