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The Morning Look

ByGary Kaltbaum

Stock Market Overview: 

Futures are relatively quiet ahead of Wednesday’s open as investors digest the latest round of earnings data.

Gary’s Thoughts: We love quiet. Quiet is easier to measure than violent. Would love some quiet for a few days but doubt it. Mucho earnings to come out this week…so stay tuned. And we hear the maniacs (the fed) meets next week. Do they ever stop talking or meeting? Looks like Trump vs Hillary. This going to get good!

Economic Data:

  • MBA Mortgage Applications 7:00 AM ET
  • Existing Home Sales 10:00 AM ET
  • EIA Petroleum Status Report 10:30 AM ET

Highlights Of The Day:

    • US Dollar Fell, Which Helped A Slew of Commodity stocks soar
      Gary’s Thoughts: They (central banks) figured it out. Dollar very oversold this second though.
    • EU Antitrust Body to Charge Google Over Phone Apps
      Gary’s Thoughts: Nothing will come of this. EU just trying to show they are alive!