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The Morning Look

ByGary Kaltbaum

Market Update:

Stocks futures are higher on Thursday as the market digests more dovish action from the U.S. Federal Reserve and the Bank of Japan.

Economic Data: Exactly! Nasdaq at highs. Other indices now attempting to get back above 50 day.

  • Jobless Claims 8:30 AM ET
  • Chicago Fed National Activity Index 8:30 AM ET
  • FHFA House Price Index 9:00 AM ET
  • Bloomberg Consumer Comfort Index 9:45 AM ET
  • Existing Home Sales 10:00 AM ET
  • Leading Indicators 10:00 AM ET
  • EIA Natural Gas Report 10:30 AM ET
  • Kansas City Fed Manufacturing Index 11:00 AM ET
  • Fed Balance Sheet 4:30 PM ET
  • Money Supply 4:30 PM ET

Highlights:

  • More Easy Money From The U.S. Fed and The Bank of Japan
    Gary’s Thoughts: It will not and cannot ever end.
  • Anthem and Cigna Have Accused One Another of Merger Breach
    Gary’s Thoughts: Don’t they have enough issues with the justice department?