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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (90890)3/22/2017 5:49:04 AM
From: John Pitera  Read Replies (1) | Respond to of 218903
 
Crude and Copper continue their declines this morning
Which continues to make us wonder...how durable is the global expansion
And is the RE inflation trade still intact.

The 2 week slide in the entire energy complex is again making
The high yield junk bond market a little quesy. The USD is going
Down and yet that is not helping crude, N G, gasoline and heating oil

On the positive side.. none of the European Bourses is down 1%
.... no follow through selling from Asia. This is bringing stock futures back close to unchanged
For the overnight session and will engender a US morning rally
Attempt. ..unless the European indicies start selling off more
And we see them go down over 1%...and especially
If they were to slip to minus 2%.

Right now US stocks want to rally....lets see if there is
Something that gets in there way

15 minute crude continues it's weak ways.....



the daily Yen makes a new high for the year........ the yen is the strongest currency this morning.... +.54%
A classic risk off development



John