Yields for Italy, Spain, France, and Germany …
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Asian Markets Open Higher Ahead of the German Court Ruling
“Asian stocks edged higher in early trade on Wednesday ahead of a ruling from Germany’s highest court on whether the euro zone’s bailout fund can legally go ahead, and before a policy review by the U.S. Federal Reserve ending on Thursday.
The FTSE CNBC Asia 100 Index [.FTFCNBCA 6175.65 
28.06 (+0.46%)], which measures markets across Asia, added 0.4 percent.
Japan’s Nikkei share average inched up in early trade, boosted by hopes for further stimulus from the U.S. Federal Reserve and on expectations that Germany’s highest court will give the green light for the euro zone’s bailout fund.
The Nikkei [.N225 8837.27 29.89 (+0.34%) 
] edged up 0.2 percent to 8,822.67, while the broader Topix also rose 0.2 percent to 733.45.”
Trade Deficit: Prior -$42.9 Billion, Market Expects -$44 bn, Actual -$42 bn
June revised to -$41.9bn
Comments »World Markets Fall Slightly Waiting on the Fed and the German Court Decisions
“Most Asian stocks fell, with the regional benchmark index poised for the first drop in four days, ahead of a court decision on Germany’s participation in Europe’s rescue fund and as investors wait to see if the Federal Reserve will boost economic stimulus.”
“European stocks fell for a second day, led by luxury goods companies as Burberry Group Plc (BRBY) said profit will be at the lower end of estimates. The euro gained after a German court said it won’t delay a decision tomorrow on the country’s role in a bailout fund.”
Comments »Global Markets Trade Flat to Down, U.S. Futures Look to Erase Yesterday’s Losses
The Global Economy in Chart Chomping Fashion
Market Update
Markets are waiting to see how a German court rules on the ESM bailout funds and for their friend who might be brewing some Clam Cocaine Broth to juice risk on assets.
The markets barely have a pulse trading around the unch line. The NASDAQ leads to the down side along with conglomerates and capital goods.
In a word….digestion.
How Elections Influence the Markets
“One of our favorite cycle tools for many years is the Presidential Cycle Pattern. I first started writingabout this topic back in 1994, and have used it extensively for both macro and micro analysis in our newsletter and our Daily Edition.
The basic idea is that there is a relationship between the political calendar and the movements of the stock market
. Since the U.S. has a regular 4-year election cycle dictated by the Constitution, we can examine the behavior of each four year period to find similarities and differences.
I do this by taking the SP500 data and chopping it up into 4-year chunks of time. I prefer to use Nov. 1 of election years as the start point rather than January 1, since the market tends to react to whoever gets elected as soon as the results are known. Usually that is right away (the hanging chads episode of 2000 was a rare exception).”
Comments »Global Markets Trade Flat to Mixed While U.S. Futures are Unch
Market Update
Global Markets Rejoice in Extreme Bliss, U.S. Futures are Called Higher
Market Update
Hey Shorts:
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Global Markets and U.S. Futures Lift on ECB Bond Buying Hopium
Yields for Italy, Spain, France, and Germany …
Comments »Take a Look at 20yrs of Volatility via the Bollinger Bands Width for $SPX
Worth a look here.
Comments »Market Update
U.S. equities continue to chop around remaining in positive territory.
Rumors of unlimited bond purchases by the ECB have U.S. and European equities in positive risk on mode….Europe more so than the U.S.
The dollar is down and oil is paring losses. Gol is essentially flat on the day thus far.
The euro managed to break above 1.25 and is hopeful that “what ever it takes” will be done.
The world waits on Draghi’s statement tomorrow.
Comments »Asian Markets Fall on Global Growth Concerns
Poor manufacturing and economic data across the globe have Asian investors soured on equities.
Comments »Asia Trades Down, Europe Slightly Higher, and U.S. Futures are Flat
Market Update
U.S. equities opend slightly lower. After a bad ISM report the markets decided to tank a bit; down to the tune of 0.5-0.6%.
Oil pared all of its early morning gains and the seasonality for gold has begun as the shiny metal climbs today.
Markets are still in a wait and see mode as the ECB bond buying details should emerge on Thursday. Also the markets will await a decision out of Germany on September 12.
Place your bets.
[youtube://http://www.youtube.com/watch?v=A66-XjIWILA 450 300] Comments »ISM Index: Prior 49.8, Market Expects 50, Actual 49.6
Construction spending was dow 0.9 vs consensus of +0.5%
New orders, backlog, imports, and production is down,
Inventoried are higher….
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