S&P

Authored by Kevin Muir via The Macro Tourist blog,

There is this Canadian rock star who retired a few years back and took up hosting an afternoon drive-home radio show on a local Toronto station. Sometimes his program includes a segment called, “Damn! I wish I wrote that.” This ex-rock star will play a famous song on his guitar, tell the story of how it came to be, and then end with his great tagline.

Well, I am stealing his idea with my own segment called, “Damn! I wish I traded that!”

For today's stock market recap, see yesterday!

In a comedic case of deja vu, somebody flicked the "DUMP VIX, BUY NASDAQ" swicth at exactly the moment US equity markets opened...

This remains a market in which traders are, for lack of a better word, "confused" (another good word is "paralyzed" as we observed one month ago).

Total G-3 Central Bank Control

Posted with permission and written by Craig Hemke, TF Metals Report 

S&P futures are higher in early Wednesday trading, alongside Asian stocks and European bourses, both solidly in the green as the EURUSD drifts below the 1.20 "redline" while the dollar rebounds off a two and a half year low following the US "measured" response to North Korea’s missile test, which soothed jittery investors who now turn their focus to US economic data. Equity indexes in Japan, Hong Kong and South Korea also rose while 10Y US Treasuries are steady before the release of ADP employment and GDP data, both of which are expected to show an increase.