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The Morning Look

ByGary Kaltbaum

Stock Market Overview: 

Futures are a little higher ahead of Tuesday’s open as investors digest last week’s decline. The US dollar fell to a fresh 9-month low yesterday and remains weak.

Gary’s Thoughts: GOLD…GOLD…MORE GOLD…EXTENDED NEAR TERM BUT THAT IS ONE STRONG MOVE.

Economic Data:

  • NFIB Small Business Optimism Index 6:00 AM ET
  • Import and Export Prices 8:30 AM ET
  • Redbook 8:55 AM ET
  • Patrick Harper Speaks 9:00 AM ET
  • Treasury Budget 2:00 PM ET
  • John Williams Speaks 3:00 PM ET
  • Jeffrey Lacker Speaks 4:00 PM ET

Highlights Of The Day:

  • Chesapeake Pledges Almost Entire Company as Debt Collateral
    Gary’s Thoughts: Yummy! Debt is good?
  • Tesla Recalls 2,700 Model X SUVS to Fix Third-Row Seats
    Gary’s Thoughts: Shorts killed in stock recently.