The recent merger activity is bullish, this is a new flow of market risk appetite at current valuations. It is early in the Q3 earnings season and the low expectations have been easy to beat, this could add wood to the fire. Â Nasdaq and RUT strong vs S&P 500. AAPL will report tomorrow:Â The company launched
Global slow down worried caused the second -10.12% drop in a year. Shanghai stocks tank 8.5 pct, Asia-Pacific index hits 3-yr low S&P 500 mini futures sink 2.6 pct to a 10-mth trough Dollar slides to 6-week low vs safe-haven yen Crude oil, copper, aluminium lowest since 2009 Global Stock Indices are down
Over the weekend, People’s Bank of China cut banks’ reserve ratio requirement. This aggressive move reflects serious concern on the part of the Chinese government about the slowing economy. It is not news to investors that these days stocks often jump on intervention by central banks on worries about weak economy. Chinese action has stopped




