S&P 500: 1106.13  0.00              Dow Jones Industr 10497.88 -39.81        NASDAQ Composite 2264.56 0.00        CBOE Interest Rat 3.001 0.00        Treasury Yield 30 4.068 0.00        HANG SENG INDEX 21093.82 +2.64        NIKKEI 225 9696.02 -57.25        BSE SENSEX 17992.00 +34.63        DAX 6216.61 +37.67        FTSE 100 5360.79 +41.11        CAC 40 3692.99 +22.63        ESTX50 EURP 2783.10 +16.99        CBOE Interest Rat 3.001 0.00        Treasury Yield 30 4.068 0.00                
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Major Economic Calendar Events:

Housing starts – 8:30 am ET   Consensus: 0.565 Million

Red Book – 8:55 AM ET

FOMC Meeting Announcement 2:15 PM ET    Consensus: 0% to 0.25%

Earnings:

- No market moving companies report before the open

- After the close, two notable companies are AMBAC Financial (ABK) and Discover Financial Services (DFS)

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In addition, FocalEquity Alerts and Analytics, a service that is co-run by Idan and I based on our proprietary fundamental and technical models issued its first round of long and short recommendations for this week. Please sign up for our service if you are interested. Our goal is to issue 3 long and 3 short positions each week with detailed reasons, charts, targets and trade order placing instructions.


Tze

The views, opinions and analysis expressed in this post are strictly those of the author.
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