[CautiousInvestor]

Fruits and nuts +19.0% M/M and +0.3% Y/Y

^^^^ I’m not going make any comments other than to say Sales are soaring in the “District of Crime“ 😉 🙂

[Assistanc3]

At the close

Dow +0.28% to 21,892.20. S&P -0.07% to 2,470.62. Nasdaq -0.42% to 6,348.13.
Treasurys: 30-year -0.02%. 10-yr -0.02%. 5-yr +0.01%.
Commodities: Crude +1.05% to $50.23. Gold +0.06% to $1,269.13.
Currencies: Euro +0.74% vs. dollar. Yen -0.4%. Pound -0.45%.

[CautiousInvestor]

Another day, another DOW record … A whole new definition of “running with the BULLS” 8)

[Assistanc3]

[quote=”CautiousInvestor” post=475]Another day, another DOW record … A whole new definition of “running with the BULLS” 8)[/quote]

or another example of running with the devil (the Fed)

[Assistanc3]

Eurozone GDP SA (Q/Q) Q2 P: 0.60% (est 0.60%; rev prev 0.50%)
Eurozone GDP SA (Y/Y) Q2 P: 2.10% (est 2.10%; prev 1.90%)

German Unemployment Change Jul: -9K (est -5K; prev 7K)
Unemployment Claims Rate SA Jul F: 5.70% (est 5.70%; prev 5.70%)

Eurozone Markit Manufacturing PMI Jul F: 56.6 (est 56.8; prev 56.8)
UK Markit Manufacturing PMI SA Jul: 55.1 (est 54.5; rev prev 54.2)
France Markit Manufacturing PMI Jul F: 54.9 (est 55.4; prev 55.4)
Spain Markit Manufacturing PMI Jul: 54.0 (est 54.5; prev 54.7)
Italy Markit/ADACI Manufacturing PMI Jul: 55.1 (est 55; prev 55.2)
Greece Markit Manufacturing PMI Jul: 50.5 (prev 50.5)

UK Nationwide House PX (M/M) Jul: 0.30% (est -0.10%; prev 1.10%)
Nationwide House PX NSA (Y/Y) Jul: 2.90% (est 2.70%; prev 3.10%)

Norway Manufacturing PMI Jul: 57.3 (est 55; rev prev 55.6)

[Assistanc3]

(now you see why I need to change smilies)

[Assistanc3]

Reserve Bank of Australia leaves the Cash Rate unchanged at 1.5% as expected

[Assistanc3]

European stocks higher followed by strong corporate earnings | 6:00 AM

Japan +0.30%.
Hong Kong +0.79%.
China +0.60%.
India +0.29%.
London +0.79%.
Paris +0.64%.
Frankfurt +0.65%.

[ClemSnide]

I like that one 🙂

[ClemSnide]

[quote=”Assistanc3″ post=488]Eurozone GDP SA (Q/Q) Q2 P: 0.60% (est 0.60%; rev prev 0.50%)
Eurozone GDP SA (Y/Y) Q2 P: 2.10% (est 2.10%; prev 1.90%)

German Unemployment Change Jul: -9K (est -5K; prev 7K)
Unemployment Claims Rate SA Jul F: 5.70% (est 5.70%; prev 5.70%)

Eurozone Markit Manufacturing PMI Jul F: 56.6 (est 56.8; prev 56.8)
UK Markit Manufacturing PMI SA Jul: 55.1 (est 54.5; rev prev 54.2)
France Markit Manufacturing PMI Jul F: 54.9 (est 55.4; prev 55.4)
Spain Markit Manufacturing PMI Jul: 54.0 (est 54.5; prev 54.7)
Italy Markit/ADACI Manufacturing PMI Jul: 55.1 (est 55; prev 55.2)
Greece Markit Manufacturing PMI Jul: 50.5 (prev 50.5)

UK Nationwide House PX (M/M) Jul: 0.30% (est -0.10%; prev 1.10%)
Nationwide House PX NSA (Y/Y) Jul: 2.90% (est 2.70%; prev 3.10%)

Norway Manufacturing PMI Jul: 57.3 (est 55; rev prev 55.6)[/quote]

All PMI’s over 50 tells us that Europe is going along ok – amazing what ll that free money can do but their unemployment problem is horrendous in places like Spain.

[CautiousInvestor]

[size=5][color=green]WOW – 22,000 here we come

Futures appear to be heading toward a strong opening WAVE on WALL STREET ready to wash away all unbelievers and crash all the unseaworthy ships (i.e., DRYS, DCIX) out there[/color][/size] 😉 8)

[Assistanc3]

US PMI Manufacturing Index 53.3 vs. 53.2 consensus, 52.0 prior.

Redbook Chain Store Sales: +2.8% Y/Y vs. +2.1% last week.
Month-to-date sales up 2.3% through July 29.
Sales tax holidays in several states helped to lift traffic.

June Personal Income and Outlays: Income flat M/M vs. +0.4% consensus, +0.4% prior.
Consumer spending +0.1% M/M in-line with consensus, +0.1% prior.
Core PCE Price Index +0.1% M/M in-line with consensus, +0.1% prior.

[Assistanc3]

The White House expects tax reform legislation to move quickly through Congress this fall, advancing through the House in October and clearing the Senate in November, legislative director Marc Short said Monday.

Markups will begin in September, Short said at an event hosted by a pair of conservative political groups backed by the billionaire Koch brothers — Freedom Partners and Americans for Prosperity.

“So that, I think, is an aggressive schedule, but that is our timetable,” Short said, later adding, “I think we’re in for a long fall, legislative calendar-wise.”

[Assistanc3]

Attorney General Jeff Sessions named Army General Mark Inch, who had served as a military policeman and recently as head of Army Corrections, the director of the Bureau of Prisons. Inch is “uniquely qualified” to head up the federal prisons system, Sessions said.

[Assistanc3]

On the hour | 2:00 PM

Dow +0.38%.
10-yr +0.29%.
Euro -0.19% vs. dollar.
Crude -2.51% to $48.91.
Gold +0.43% to $1,272.10.

[Author]

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