FRIDAY 1/12/18; China Trade Data; HSI (Hong Kong) Extends Record High and 14-Day Winning Streak; Euro Above 1.21; Pound Above 1.37; Dollar/Yen 110-Handle; FTSE (London) Prints Another Record High; BSE (India) Prints Record High; JPM; WFC; BLK; PNC; CPI (Consumer Price Index); Retail Sales; Business Inventories; SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; AMZN (Amazon) Above 1,300; US Dollar Index 90-Handle

Aussie and Asia stocks begin trading higher 




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

 three rate hikes are likely this year but he is not showing his hand. Rosengren is concerned about the falling unemployment rate and stubbornly low inflation. Rosengren continues touting the idea that the Fed should target an inflation range of +1.50% to +3.00% instead of a point value of +2.00%.

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.

WEDNESDAY 1/10/18; Ethereum Prints Record High; China Says US Treasuries are Less Attractive Investments; US 2-10 Yield Spread Above 62 Bips; US 10-Year Yield Tags 2.60%; LEN; SVU; Wholesale Trade; TRAN (Dow Jones Transports) Print All-Time High; 10-Year Note Auction; KBH; PRGS

Aussie and Asia stocks begin trading lower. The 2018 cascading global stock market rally is sputtering and 






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

constructs a +4% gain on earnings. KB Home delivers the goods but Lennar fell short this morning. PRGS +8%. WM trades flat after Waste Mgmt says it will provide $2,000 bonuses to employees.

TUESDAY 1/9/18; Samsung; South and North Korea Conduct Talks; US 10-Year Yield Above 2.50%; AYI; SCHN; SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; JOLTS Report; WTIC Oil Prints Above 63; Brent Oil Above 69; WDFC

Aussie and Asia stocks begin trading mixed. Japan’s Nikkei Index is up +0.9%. Topix +0.666%. ASX 200 +0.2%. The KOSPI is down 





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

 says the tax bill will greatly benefit the financials. Lutnick is bullish on banks and the stock market. Lutnick says, “You will continue to see a positive (stock) market. We are going to keep rockin’ higher.” Lutnick says, “Financials are in a good spot.” Everyone in Manhattan is bullish.

Notable investor Bill Miller, typically an uber bull, says the stock market may melt-up +30% this year.

MONDAY 1/8/18; Cascading Global Stock Market Rally Continues; BSE Sensex (India) Record High; FTSE (London) and SMI (Switzerland) Record Highs; HELE; Fed Speak; SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; Trannies (TRAN) Print Above 11,000; Ethereum Prints Record High; AEO; CUDA; URBN

The seven major US stock indexes begin the 






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

 is joyous today AEO is whacked -2.8% on earnings. CUDA beats on the top and bottom lines. AGN rises +0.6% on higher guidance.

Amazon CEO Jeff Bezos is the $105 billion-dollar man after AMZN rallies +1.4% today to 1247. King Bezos rules the retail landscape.

Flash Crashes, Fat Fingers and Computer Glitches, Oh My! 2nd Edition Available from Amazon

Flash Crashes, Fat Fingers and Computer Glitches, Oh My! summarizes the major system outages in global stock, bond, currency and futures markets since the infamous 5/6/10 Flash Crash. The flash crash events are chronicled in real-time as they occur and provide information not found elsewhere on the internet or in print.

This is the second edition updated for the flash crashes and outages that occurred in 2017. A link is at the right or simply type the title into any search engine or Amazon.

Flash crashes and flash spikes are occurring in global markets and exchanges at an increasing and alarming rate. Exchange officials and regulators downplay the events so as not to cause a loss of confidence in markets.

In late 2017, the bitcoin, ethereum, ripple and litecoin cryptocurrencies create erratic behavior and platform outages. Flash Crashes, Fat Fingers and Computer Glitches, Oh My! highlights the flash crash and flash spike events in markets that the exchanges, regulators and media are sweeping under the rug. Is another 5/6/10 Flash Crash, or worse, on the horizon?

SUNDAY 1/7/18

In Iran, the Revolutionary Guard says the social unrest has been defeated and security restored. The Guard blames 





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

main ruptures flooding one of the terminals at JFK. Food and water is in short supply. Two airplanes nip wings on the runway causing damage. It is a nightmare. The week may be off to a slow start up and down the East Coast.