Market Alert - Pre-Market

Futures vs FV: SP -6.11; DJ -29.29; NASDAQ -15.48

Futures lower but off the lows and rising toward morning highs as the bell nears. Down on the Cohen claims that one side desperately wants to believe and the other desperately refuses to countenance. Oh, everything okay I guess.

NAFTA: Handshake deal to be announced Thursday with Mexico? Now US is denying it . . .

China: Low level trade meetings today in DC

Fed: Powell says not swayed by Trump

Trade: 25% tariffs on EU autos??? Trump claimed this last night.


OTHER MARKETS
Bonds: 2.815% vs 2.189%

EUR/USD: 1.1606 vs 1.158. Euro continues to rise

USD/JPY: 110.32 vs 110.06

Oil: 67.25, +1.41

Gold: 1206.40, +6.40


Okay, a lower open on the rise. Will the bids return? Looks like it.
______________________________________
Jon Johnson, Chief Market Strategist
InvestmentHouse.com

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