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S&P Futures Slide After Chinese Stock And Bond Rout; Spain Rebounds, Dollar Drops

S&P Futures Slide After Chinese Stock And Bond Rout; Spain Rebounds, Dollar Drops

U.S. futures slid 0.2% as investors await a barrage of announcements including Wednesday's Fed decision, Friday's jobs report and, most importantly Trump's imminent announcement of who the next Fed chairman will be, although after the latest trial balloons, Jay Powell is now largely priced in. Asian equities edged modestly higher despite a tumble in Chinese stocks and bonds with Japan's Nikkei closing 3 points in the green, while European shares hold steady after concerns eased about the Catalan crisis with no notable developments over the weekend, pushing Spanish stocks and bonds higher.

Keeping A Close Eye On Momentum In The US Equity Market

Keeping A Close Eye On Momentum In The US Equity Market

Authored by Steven Vanelli via Knowledge Leaders Capital blog,

Over the last 20 days, the US equity is showing early signs of exhaustion, and momentum is beginning to weaken.

In the following charts, we’ll highlight the various technical measures we calculate each day to illustrate the early turn in momentum. Our KLSU DM Americas Index represents the top 85% market-cap of the US and Canada.

Two Americas

Two Americas

Authored by Michael Owen,

No amount of statistics or facts will sway either side in the gun control debate, because they are all looking for simple solutions to complex problems.

The facts of those complex problems are uncomfortable and nobody really wants to come to grips with them.

For example, we don’t really have a single America with a moderately high rate of gun deaths.

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