THURSDAY 5/14/15; Euro Above 1.14; KSS; JACK; PPI (Producer Price Index); ECB President Draghi Fuels European and US Stock Rally; SPX New All-Time Closing High; AMAT; JWN; SYMC; LOCO

Japan and Australia trade lower. The NIKK ends down -1%. Railroad companies are punished. Toshiba rises +0.8% after writedowns and charges are less than estimated. HMC trades flat after recalling 4.8 million vehicles due to faulty airbags. SPASX200 -0.3%. The Aussie dollar runs higher to 
















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]



















































put/call ratios confirm the ongoing stock market complacency. Traders to not expect markets to sell off due to the ongoing global central banker money printing policies. There is no fear or worry that stocks will ever go down. Every day is a party for bullish traders.

WEDNESDAY 5/13/15; China Economic Data; M; RL; Retail Sales; Business Inventories; 10-Year Note Auction; CSCO; JCP; SHAK

Asia indexes begin trading flat to marginally lower discouraged by the lackluster session in the US and waiting on the Chinese economic data. Higher oil prices support Aussie energy stocks. S&P futures are up +5. Dow +43. Nasdaq +12.

The NIKK reverses the early negativity and ends the session +0.7% higher. Japan posts the largest current account surplus in seven years. Japan paper manufacturers trade lower. Two key economic bellwethers, rubber and paper, are showing weakness this week. The SPASX200 gains +0.7%. Australia’s federal budget is well received creating market lift. The KOSPI gains +0.8%. TM and Nissan recall another six million vehicles due to faulty airbags.

China Retail Sales are 






















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]

Christie’s conducts another major art auction in New York with works from Andy Warhol, Martin Kippenberger and Lucien Freud for sale. The painting “Benefits Supervisor Resting” by Freud sells for $56.1 million. Warhol’s “Colored Mona Lisa” sells for over $56 million and Kippenberger’s self portrait sells for over $20 million. Jean-Michel Basquiat’s “The Field Next to the Other Road” sells for $37.1 million. The art bubble continues to grow larger just like all other asset bubbles created by the Federal Reserve’s and other central banker easy money policies including stocks, bonds, high-end real estate, vineyards, collectables and vintage cars.

TUESDAY 5/12/15; Global Bond Yields Rise; Eurogroup Meeting; ECA; VJET; Z

Asia indexes finish mixed. The NIKK ends dead flat at 19625. Topix +0.3%. Rubber producers in Japan report lackluster sales creating a sour mood. Rubber is a key economic bellwether. Suzuiki Motor gains nearly +6%. SPASX200 gains +0.9%. Aussie banks and financial companies lead the way higher. The Australian annual budget is due out later today. BHP Billiton gains nearly +2%.

The KOSPI is down -0.2%. Taiex +0.2%. Jakarta Comp is up +0.7%. Straits Times -0.9%. The SSEC gains +1.6% as traders continue chasing Chinese stocks higher, however, the HSI is down -1.1%. Nifty and BSE Sensex are each down -2%.

Another earthquake hits Nepal at the China border 7.4 in magnitude. Damage, deaths and injuries are expected. Landslides are occurring and buildings have collapsed. Tremors are felt as far away as New Delhi, India.

European indexes drop like a stone. DAX -1.5%. CAC -1.4%. FTSE -1%. The higher bond yields are causing angst. The Eurogroup meeting continues with the Grexit (Greece exiting the euro) and Brexit (Britain exiting the EU) discussions on tap. Greece makes its payment deadline to the IMF as expected. The Greece bailout drama 


















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]

Shipping giants UPS and FDX are key bellwethers for the global economy. A key intermediate and long term market signal is the 20 and 50-week MA cross for UPS and the 20-week moving average crosses under the 50-week MA signaling stock market trouble for the weeks and months ahead. The market bulls must reverse this negative cross as quickly as possible if they expect the stock market joy to continue.

Euro 1.1232. Dollar/yen 119.75. Pound 1.568. Gold 1192. Silver 16.515. Copper 2.929.

Treasury yields are; 2-year 0.60%, 5-year 1.57%, 10-year 2.26%, 30-year 3.02%.

MONDAY 5/11/15; Asian Stocks Rally on PBOC Stimulus; Greece Eurogroup Meeting; ACT; BID; DRYS; MDR; RAX

At 8 PM EST Sunday evening in the States (9 AM Tokyo and Seoul local Monday morning time; 10 AM Sydney local time), the week begins with a bang. The SPASX200 gains +1%. Aussie dollar 0.7922. The NIKK leaps +1.5% out of the gate. The KOSPI ghains +1% with the Won strengthening to 1085.73. On Sunday, China cut its benchmark rate by 25 basis points to 5.1%. The Chinese rate cut creates an Asian rally. The Chinese stimulus will require raw materials from Australia and Japan and Korea will benefit as trading partners.

Sharp collapses -26% on a 




















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]
















































 HALO reports a Q1 loss continuing the afterhours negative trend. Drilling platform maker MDR reports a Q1 loss but beat the EPS expectations. McDermott’s top line sales are a miss. Oil and gas company PVA reports a Q1 loss. RAX collapses -2% after earnings and lowering guidance.

SUNDAY 5/10/15; Mother’s Day; PBOC (China) Rate Cut

Happy Mother’s Day. Storms, tornado’s, floods, high winds and hail continue to haunt Oklahoma and Texas. Local business and commerce is hurt in the near term. HD and LOW will benefit during the reconstruction. 30 million people (1 in 10 Americans) are affected by the adverse weather across the Midwest.

Ana, the first named hurricane for this year, is 


















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]










































 the PBOC rate cut announcement, Asian stocks are set to move higher. The NIKK futures are up +0.3%. Euro 1.1194. Dollar/yen 119.83. USD 94.865. Pound 1.5437. Aussie dollar 0.7921. US futures are marginally positive. S&P +1. Dow +9. Nasdaq +2. Traders were expecting a Chinese rate cut and although global indexes are favoring a happy start the upside potential appears limited as the new week of trading begins.

WTIC oil 59.25. Brent oil 65.35. Natural gas 2.927. Gold 1188. Silver 16.45. Copper 2.9275.

Treasury yields are; 2-year 0.57%, 5-year 1.49%, 10-year 2.15%, 30-year 2.90%.

SATURDAY 5/9/15

Severe weather including tornado’s and floods are hitting the Midwest. Texas and Oklahoma are hit hard with golf-ball sized hail. 10K people are without electric power and the storms will continue through tomorrow; Mother’s Day.

China plans to amass a fleet of over 40K drones by 2023. Drone warfare will become a horrific reality on the planet in the years ahead.

Blue Bell Creameries
















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]


































Muslim radicals that wage war against Israel are funded by Iran and are currently amassing a huge arsenal of rockets. Israel’s iron dome defense system has been very effective in knocking down incoming missiles from the radical Islamists, however, Hezbollah and Hamas are likely planning a huge missile launch against Israel in the future where the number of missiles will overpower the capabilities of the iron dome.

FRIDAY 5/8/15; VE Day; PM Cameron Wins Reelection; Bond Yields Retreat; Monthly Jobs Report; Wholesale Trade; Global Stocks Rally

Asia indexes generally follow the US lead floating higher. China reports disappointing trade data but in these twisted central banker-controlled markets, stocks trade higher anticipating more easy money stimulus form the PBOC. Bad news is good news. Australia lowers its inflation and growth expectations going forward. The Aussie dollar briefly drops under 0.79 and recovers. Nintendo is a big winner after releasing robust earnings.

SPASX200 -0.2%. NIKK +0.5%. KOSPI -0.3%. SSEC +2.3%. HSI +1.1%. Jakarta Comp +0.8%. Nifty +1.7%. Bangkok +0.6%. Taiex -0.1%. Straits Times +0.6%. Uber is bidding $3 billion for NOK’s “Here” map business. Syngenta refuses



















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]

The terror threat level is raised at all US military bases to “Bravo” the highest level in five years. The Force Protection Condition (FPCON) assess the terrorist threat with five levels of urgency; “Normal, Alpha, Bravo, Charlie and Delta.” Normal is a situation of no terrorist activity. Alpha is a situation where there is a small general threat of terrorism. Bravo steps up the level to a predictable threat in the offing. Charlie occurs when a global terrorist attack is taking place and all nations should be on high alert for local terrorist activity. Delta describes the immediate situation where a terrorist attack is taking place. Ohio’s Wright-Patterson Air Force Base cancels a charity golf tournament and all military installations limit public access. FBI Director James Comey says there may be “hundreds, maybe thousands” of US citizens radicalized by the ISIS Islamist teachings.