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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are higher ahead of Thursday’s open as the market pauses to digest Tuesday and Wednesday’s strong rally.

Gary’s Thoughts: Again…no complaints but already market very overbought in here.

Economic Data:

  • 52-Week Bill Settlement
  • James Bullard Speaks 5:15 AM ET
  • Durable Goods Orders 8:30 AM ET
  • Jobless Claims 8:30 AM ET
  • Bloomberg Consumer Comfort Index 9:45 AM ET
  • Pending Home Sales Index 10:00 AM ET
  • EIA Natural Gas Report 10:30 AM ET
  • Kansas City Fed Manufacturing Index 11:00 AM ET
  • Jerome Powell Speaks 12:15 PM ET
  • Fed Balance Sheet 4:30 PM ET
  • Money Supply 4:30 PM ET

Highlights:

  • Clinton E-Mail Use Violated Rules, Inspector General Finds
    Gary’s Thoughts: We don’t call her a crook because we are mean!
  • Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.
    Gary’s Thoughts: Someone will need to hire all the people that will be fired because of $15 minimum wage!