Strong gains in tech #NDX

Strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high on Tuesday, while declines in financial and healthcare stocks weighed on the S&P 500 and Dow.

European Earnings Update

Financials Again Here is the latest update of EuroStoxx 600 from IBES: Second quarter earnings are expected to increase 15.0% from Q2 2016. Excluding the Energy sector, earnings are expected to increase 12.8%. Second quarter revenue is expected to increase 4.0% from Q2 2016. Excluding the Energy sector, earnings are expected to increase 2.7%. 243

Protected: NEGATIVE INTEREST RATES COMING TO HAUNT INVESTORS

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Inflection point $World $Markets

If the market does not like what happens in Doha, there will be an inflection point In the U. S., Industrial Production fell by -0.6% vs. 0.0% consensus.  Capacity Utilization fell to 74.8% vs. 75.5% consensus. It is important  to remember that manufacturing is only a small part of the U. S. economy. On the

YTD FUTURE RETURNS $Gold +18.6%, $Oil +7.64%, EUR 3.9%, $SP500 0.27%, $DAX -8.2%

World Markets Update $SPX

  Shares climb as firmer Chinese yuan eases deflation fears We have a shortened week this week due to President’s Day but it will be a busy week. We have Option Expiration this week which always makes things volatile. Economic reports will be light this week for the United States except for Wednesday. Wednesday has