The Morning Look
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The Morning Look

Stock Market Overview:  Futures are up ahead of Wednesday’s open as stocks try to recover from Tuesday’s sell off. Gary’s Thoughts: Saw this headline: “Yesterday’s laggards are today’s leaders! Of course, we haven’t even opened yet. Commodities ruling the day!   Economic Data:  MBA Mortgage Applications 7 am EST Wholesale Trade Data 10 am EST EIA…

The Closing Look
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The Closing Look

Stocks fell on Tuesday alongside other so-called risk assets after China announced disappointing trade data. China’s decline in exports deepened in February which strengthened the case that more stimulus may be needed. Chinese exports fell -25.4% year over year which illustrates how weak global demand is. This was the largest decline since May 2009. Chinese imports also…