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 Post subject: August 16th Tuesday 2011 Emini TF ($TF_F) points +59.20
PostPosted: Tue Aug 16, 2011 9:33 pm 
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)

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click on the above image to view today's trading summary

Trade Performance for Today: +59.20 points or $5920.00 dollars in the Russell 2000 Emini TF ($TF_F) Futures.
Russell 2000 Emini TF Futures - 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE.
S&P 500 Emini ES Futures - 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup.

In addition, all trades were posted real-time in the free #FuturesTrades chat room. Today's #FuturesTrades trading chat room logs provides details about each one of my trades from entry to exit along with commentary as the trade traversed...all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=93&t=972.

To join our free chat room...registration instructions located at a different forum @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=5&t=630

Also, posted below are direct links to information about my trade methodology and trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis).

Image WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=5&t=180.

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our trade strategies with support prior to purchasing the Volatility Trading Report (VTR).

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=142&t=1168

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Market Summaries

The below summaries by Bloomberg, CNNMoney and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/IMF actions or any important global economic events that had an impact on today's price action. Simply, I'm a strong believer that many variables (key market events) causes key changes in supply/demand and volatility that results in swing points and strong continuation price actions. Thus, I pay attention to these key market events from one trade to the next trade to give me the market context for my technical analysis. Just as important, these summaries becomes my archives to allow me to understand what was happening on any given trading day in the past...something I can not get from my broker statements alone.

U.S. Stocks Fall as Germany, France Seek Transaction Tax

Aug. 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks fell, following the biggest three-day rally since 2009, as German and French leaders proposed a financial-transaction tax and rejected selling euro bonds to halt a debt crisis threatening economic growth.

Stocks Retreat After Merkel, Sarkozy Disappoint

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By Hibah Yousuf and Charles Riley August 16, 2011: 4:48 PM ET

NEW YORK (CNNMoney) -- U.S. stocks fell Tuesday after German and French leaders spoke about Europe's debt problems, but offered little in the way of action.

The pullback -- which briefly sent the Dow down nearly 190 points on Tuesday afternoon -- came after three straight sessions of healthy gains.

At the market close, the Dow Jones industrial average (INDU) was down 77 points, or 0.7%. The S&P 500 (SPX) lost 12 points, or 1%, and the Nasdaq composite (COMP) dropped 32 points, or 1.2%.

German Chancellor Angela Merkel and French President Nicolas Sarkozy met to discuss measures announced last month to contain the sovereign debt crisis and protect the euro.

Investors were particularly disappointed that Sarkozy and Merkel said the size of the 440 billion euro stability fund is sufficient, despite economists' push to greatly expand the bailout fund. Some are even calling for funding of more than 1 trillion euro.

The leaders also agreed that issuing eurobonds, a collective bond to help pay off the debt of the peripheral countries, will not solve the European debt crisis.

"The market was pinning its hopes for possible solutions on the outcome of a meeting today between French and German government leaders," said Scott Marcouiller, chief technical market strategist at Wells Fargo Advisors. "The outcome of the meeting was clearly not what the markets wanted."

The leaders also proposed a financial transaction tax, which sent shares of exchange operators NYSE Euronext (NYX, Fortune 500) and NASDAQ OMX Group (NDAQ) down by 8% and 3%, respectively.

* Euro bonds: Magic bullet for debt crisis?

Jillian Miller, an analyst at BMO Capital Markets, said those drops were perhaps a bit premature, since all 27 eurozone countries would have to approve the tax, and there appears to be no consensus on the issue.

Before trimming earlier losses to trade flat ahead of the European leaders' press conference, U.S. stocks were under pressure as nearly stagnant economic growth in Europe stoked fears of a regional and global slowdown.

"The focus is back on Europe and its debt problems," said Dave Hinnenkamp, CEO at KDV Wealth Management. "The eurozone economy has some problems, which is an important concern for the global economy."

Lackluster economic growth in Germany, Europe's largest economy, weighed on the broader region's economy. Gross domestic product for the eurozone, which is made up of the 17 nations that use the euro, grew by a tepid 0.2% from the prior quarter -- and by 1.7% on an annual basis.

The quarterly pace of economic growth was the slowest since the end of the recession. The decline in output intensifies concerns about the future viability of the 12-year old currency union.

* European economy hits a wall

The long-running debt crises in Greece, Portugal and Ireland accelerated in the second quarter, and investors are also worried that Europe's larger economies -- including Spain and Italy -- may need to be bailed out.

"The data confirm that the region's core economies are in no position to support the periphery, adding to the already significant risk of an eventual eurozone break-up," said Jennifer McKeown, senior European economist at Capital Economics, in a note to clients.

With the focus on Europe, investors largely shrugged off Fitch Ratings' affirmation of the AAA credit rating and "stable" outlook for the U.S.

Earlier this month, Standard and Poor's downgraded the nation's credit rating to AA+. And while Moody's maintained the sterling AAA credit rating, the agency lowered its outlook on U.S. debt to "negative."

On Monday, U.S. stocks moved solidly higher with major indexes rising about 2%, as merger activity -- particularly Google's (GOOG, Fortune 500) bid for Motorola Mobility (MMI) -- set a positive tone on Wall Street.

Economy: The government reported import prices for July rose 0.2%, excluding oil, after a 0.1% decline in the prior month. Excluding agriculture, exports increased by 0.2%. The data followed a 0.1% increase in June.

Housing starts fell 1.5% in July to an annual rate of 604,000, while permits to build new homes slumped 3.2%. Both reports came in worse than expected.

The Federal Reserve said that industrial production rose 0.9% in July, while capacity utilization climbed to 77.5% last month. Both readings came in slightly above economists' expectations.
0:00 / 1:09 Estee Lauder needs a touch-up

Companies: Second-quarter results continued to roll in Tuesday.

Shares of Home Depot (HD, Fortune 500) rose 5%, after the home improvement retailer beat earnings and sales expectations and lifted its outlook for the year.

Wal-Mart (WMT, Fortune 500) raised its full-year profit forecast as second-quarter earnings topped estimates by a penny, and sales rose 5.5% to $108.6 billion. The stock jumped 4%.

The two retailers were the biggest gainers on the Dow and S&P 500.

Shares of Urban Outfitters (URBN) dropped 6%, dragging on the S&P 500 and Nasdaq. While the hip retailer posted second-quarter earnings and sales ahead of expectations, the company's CEO warned of disappointing sales in August.

Dell (DELL, Fortune 500) reported earnings per share of 54 cents on revenue of $15.7 billion after the market close. The company hit on earnings, but missed on sales and its guidance looked weak, sending shares down 5% in afterhours trading.

World markets: European stocks trimmed deeper losses from earlier in the day and finished mixed. Britain's FTSE (FTSE) 100 rose 0.1%, Germany's DAX (DAX) fell 0.5% and France's CAC (CAC) 40 fell 0.3%.

Asian markets ended mixed. The Shanghai Composite dropped 0.7% and the Hang Seng in Hong Kong fell 0.2%, while Japan's Nikkei added 0.2%.

Currencies and commodities: The dollar was higher against the euro, but lost ground versus the British pound and the Japanese yen.

Oil for September delivery slipped $1.23 to $86.65 a barrel.

Gold futures for December delivery rose $27 to $1,785 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury rose, pushing the yield down to 2.23% from 2.28% late Monday.

Image

Market Update

4:20 pm : Although it fought to finish above its low, the stock market still logged a 1% loss in response to reminders that the global economy remains challenged and that there aren't any new plans to address the weakness.

Over the course of the past three sessions the stock market climbed to a cumulative gain of more than 6%, but that heady move was pressured amid news that during the second quarter Germany's economy grew at a paltry pace of 0.1% and that broad eurozone GDP grew just 0.2%. The relatively dour data was released ahead of a press conference between German Chancellor Merkel and French President Sarkozy, who offered only a proposal for eurozone government leadership, rather than a new plan intended to restore the region's fiscal and financial challenges with the ultimate goal of protecting economic growth.

The euro rallied in the wake of the conference, though; by the end of the trading day it swung from a loss to a 0.5% gain at $1.646.

Amid Europe's persistent problems, participants were uninspired by Fitch's affirmation of its AAA rating on US debt and news that domestic industrial production increased by 0.9% during July. That not only surpassed the 0.4% increase that had been expected, on average, among economists polled by Briefing.com, but marked the strongest clip in about three years.

Other data was uninspiring. Specifically, annualized housing starts for July totaled 604,000 units, which is slightly less than the rate of 608,000 units that had been broadly expected. Building permits fell to an annualized rate of 597,000, which is less than the annual rate of 606,000 that had been anticipated. Still, that didn't slow a 5% rally by Home Depot (HD 33.12, +1.66) following its latest quarterly report, which featured a better-than-expected bottom line.

Wal-Mart (WMT 51.92, +1.94) traded almost 4% higher to test a two-week high following news that its latest quarterly report featured better-than-expected earnings, despite a decline in same-store sales. That helped consumer staples stocks muster a 0.1% gain. They were the only major sector that managed to settle in positive territory.

Other defensive-oriented plays -- health care, telecom, and utilities -- were able to limit losses. Each of those sectors suffered losses of just 0.3%.

Financials were at the opposite end of the spectrum. They slumped 1.9% as diversified financial services issues slid sharply.

At its session low, the S&P 500 was down 2% to the 1180-1181 area, but near-term technical support there provided a floor for stocks to trend higher. Although momentum faded in the final leg of trade, the stock market was still able to cut its loss by more than half.

Advancing Sectors: Consumer Staples +0.1%
Declining Sectors: Telecom -0.3%, Utilities -0.3%, Health Care -0.3%, Consumer Discretionary -0.4%, Tech -1.0%, Materials -1.5%, Industrials -1.5%, Energy -1.7%, Financials -1.9%DJ30 -76.97 NASDAQ -31.75 NQ100 -0.9% R2K -1.9% SP400 -1.4% SP500 -11.73 NASDAQ Adv/Vol/Dec 564/2.07 bln/2005 NYSE Adv/Vol/Dec 739/1.13 bln/2311

3:30 pm : Trade in the precious metals was largely driven by economic news in both the US and abroad. In overnight trade, gold and silver rallied after GDP data in Germany came in light of expectations. They extended their respective rallies following econ data in the US that also came up shy of expectations. There was a very limited reaction to the headlines that came out of the Sarkozy/Merkel conference. Dec gold settled higher by 1.6% to $1786.90 per ounce, while Sept silver finished up 1.4% to $39.87 per ounce.

Concerns about the euro zone pressured Sept crude oil futures today, which ended with losses of 1.4% at $88.65 per barrel. The meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel failed to ease concerns about the euro zone. The worse-than-expected economic data in Germany and US also pressured prices. Sept natural gas ended lower by 2.1% to $3.94 per MMBtu. DJ30 -40.34 NASDAQ -25.27 SP500 -14.97 NASDAQ Adv/Vol/Dec 605/1.7 bln/1942 NYSE Adv/Vol/Dec 801/831.3 mln/2263

3:00 pm : The major equity averages are extending their slide off of their afternoon recovery highs. The Nasdaq has been hit harder than either of its counterparts, leaving it to trade with an outsized loss. The Nasdaq's weakened condition is owed to sharp losses among large-cap tech issues like Google (GOOG 536.00, -21.23), which has fallen almost 5% during the course of the past two sessions.DJ30 -106.11 NASDAQ -44.13 SP500 -15.83 NASDAQ Adv/Vol/Dec 515/1.48 bln/2025 NYSE Adv/Vol/Dec 617/734 mln/2410

2:30 pm : After three days of gains, the first such streak in six weeks, the market remains in the red after sellers intensified their efforts following a press conference in which German Chancellor Merkel and French President Sarkozy offered only a proposal for new government leadership in the eurozone, rather than a new plan to address the fiscal and financial challenges facing the region. The absence of a plan was even more glaring in the wake of disappointing GDP data from Germany and the broader eurozone. Support for the S&P 500 at the 1180-1181 level has helped stocks bounce back a bit, though.DJ30 -95.75 NASDAQ -38.26 SP500 -13.59 NASDAQ Adv/Vol/Dec 565/1.38 bln/1945 NYSE Adv/Vol/Dec 768/675 mln/2252

2:00 pm : Although the broad market continues to lift off of the low that it set about one hour ago, financials continue to contend with a 2.0% loss. The sector has been out of favor all session.

Defensive-oriented plays are currently in the best shape. Consumer staples have collectively climbed to a 0.1% gain; amid leadership from Wal-Mart (WMT 52.06, +2.08), they are the only major sector that has managed to put together a gain. Meanwhile, utilities have limited their loss to 0.1%, telecom is down 0.3%, and health care is down 0.4%. DJ30 -88.09 NASDAQ -35.53 SP500 -12.65 NASDAQ Adv/Vol/Dec 455/1.29 bln/2050 NYSE Adv/Vol/Dec 550/620 mln/2470

1:30 pm : Stocks have started to bounce back from their recent drop, but the major equity averages are all still down with losses well in excess of 1%. Such weakness has helped Treasuries climb another leg higher. That has dropped the yield back down to almost 2.20%.DJ30 -133.47 NASDAQ -46.13 SP500 -17.41 NASDAQ Adv/Vol/Dec 419/1.15 bln/2075 NYSE Adv/Vol/Dec 500/560 mln/2500

1:00 pm : A positive response to news that US industrial production increased by a stronger-than-expected 0.9% in July and analysts at Fitch affirmed their AAA rating on the US provided stocks with only temporary relief from sellers this morning.

However, the major averages gradually pared losses as Europe's bourses rebounded from the selling suffered in response to a surprisingly sharp slowdown in second quarter GDP growth in both Germany and the broad eurozone.

The improved tone preceded a press conference by German Chancellor Merkel and French President Sarkozy, who met in response to the ongoing fiscal and financial challenges that have weakened the region. The pair offered a proposal to establish a eurozone economic council and a common government that would feature a president.

Although the euro was able to rally against the dollar, the comments failed to help stocks continue cutting losses. Instead, the confluence of broad market (S&P 500) resistance near the 1200 area and a sell-the-news type of response caused stocks to retreat. The slide has since taken stocks to new session lows.

Energy and financials have suffered the most. Both sectors are down 2.4%. Tech and industrials aren't much better off; they are down 2.0%.

Retail related names Wal-Mart (WMT 51.62, +1.64) and Home Depot (HD 32.83, +1.37) have been strong performers all session, though. Their enviable gains have come in the wake of their latest quarterly reports, both of which featured upside earnings surprises. DJ30 -145.65 NASDAQ -49.25 SP500 -19.01 NASDAQ Adv/Vol/Dec 514/1.03 bln/1950 NYSE Adv/Vol/Dec 660/500 mln/2320

12:30 pm : A press conference between German Chancellor Merkel and French President Sarkozy featured a proposal to establish a eurozone economic council and a common government that would feature a president who would serve a term of two and a half years.

Stocks gyrated in the minutes that followed the comments, but the euro swung higher against the greenback. The euro is now up 0.2% against the dollar, but the stock market has dropped sharply. The slide by stocks took the Nasdaq back to its session low, but neither the S&P 500 nor the Dow confirmed the move. DJ30 -103.76 NASDAQ -37.81 SP500 -14.69 NASDAQ Adv/Vol/Dec 738/825 mln/1712 NYSE Adv/Vol/Dec 999/400 mln/1933

12:00 pm : Market participants await the outcome of a meeting between officials from France and Germany to address the turmoil and challenges that continue to hang over the eurozone financial system. A press conference providing the meeting's outcome is expected to begin shortly.

The notion that a concerted commitment to resolve the eurozone's ongoing issues has helped the euro pare its loss against the greenback. As such, the euro is now down less than 0.2% at $1.441. DJ30 -30.57 NASDAQ -18.18 SP500 -5.33 NASDAQ Adv/Vol/Dec 535/698 mln/1903 NYSE Adv/Vol/Dec 680/334 mln/2270

11:30 am : Stocks have eased back a bit in recent trade. Despite the effort to work its way higher, the market remains mired in the red amid a lack of clear leadership.

The stock market's struggle to find positive territory has heped prop up Treasuries. Although the 2-year Note is currently flat, the benchmark 10-year Note is up almost a half of a point, which has taken the Note's yield down a couple of basis points to 2.28%.

The dollar has been losing steam in recent action. It had been up solidly this morning, but was last quoted with a paltry 0.1% gain against a basket of major foreign currencies. DJ30 -51.16 NASDAQ -20.52 SP500 -7.42 NASDAQ Adv/Vol/Dec 540/590 mln/1873 NYSE Adv/Vol/Dec 614/282 mln/2308

11:00 am : Stocks have worked their way higher over the past hour. The effort has the three major equity averages at their best level of the morning, although they all remain in negative territory.

The improved tone to trade hasn't come as a response to any specific catalyst or news item, but coincides with an effort by Europe's bourses to improve their own position. Among the more widely watched averages in Europe, Germany's DAX is now down 0.9% after it traded with a loss of more than 2% earlier. France's CAC had also fallen to a loss of roughly 2%, but now it is down by a less severe 0.8%. Officials from both France and Germany are meeting today to discuss fiscal and financial conditions across the eurozone. Given the duration and the severity of the region's woes, many pundits have been critical of Europe's officials for not showing more leadership. DJ30 -58.35 NASDAQ -19.40 SP500 -8.18 NASDAQ Adv/Vol/Dec 446/480 mln/1941 NYSE Adv/Vol/Dec 528/230 mln/2377

10:35 am : Crude oil futures have been in negative territory all session, but up from session lows of $85.62/barrel to trade just above $87/barrel with a loss of about 0.9%. Natural gas futures have also been pressured for all of pit trade. The energy component remains near its session low of $3.96/MMBtu, contending with a 1.7% loss.

Precious metals have sported impressive gains all day. Specifically, gold futures rose to $1787.60/oz this morning, but briefly pulled back in response news that Fitch affirmed its AAA rating on U.S. debt. Gold has since bounced back to $1784.90/oz, where it trades with a 1.5% gain. Meanwhile, silver is sporting a 1.7% gain at $39.97/oz.DJ30 -67.24 NASDAQ -25.61 SP500 -9.92 NASDAQ Adv/Vol/Dec 445/426 mln/1919 NYSE Adv/Vol/Dec 493/210 mln/2394

10:00 am : Financials are under the most intense pressure this morning; the sector has already suffered a 1.7% loss, most of which has been caused by weakness in diversified financial services stocks like Bank of America (BAC 7.43, -0.33) and Citigroup (C 30.22, -1.05). Their losses come as traders look to lock in the strong gains that the pair staged during the prior session.

There isn't a single sector in positive territory, but consumer staples have done the best job of containing weakness. The group's effort to limit its loss to only 0.5% comes after it had underperformed during yesterday's trade. DJ30 -110.84 NASDAQ -35.12 SP500 -14.91 NASDAQ Adv/Vol/Dec 353/128 mln/1937 NYSE Adv/Vol/Dec 343/82 mln/2525

09:45 am : Initial selling pressure wasn't quite as intense as what had been indicated ahead of the open, but pressure has quickly picked up to take stocks down to significant losses.

Shortly before the cash market began trading, market participants learned that US industrial production spiked in July by 0.9% for its best move in almost three years and that analysts at Fitch affirmed their AAA rating on the US and issued a stable outlook. The positive nature of those two announcements offered some encouragement to early traders, but there hasn't been much follow through. Part of the pushback is because Fitch is one of the less influential rating agencies in Wall Street's opinion and Europe is really what remains at the center of global contagion concerns. DJ30 -115.79 NASDAQ -33.47 SP500 -15.14 NASDAQ Adv/Dec 342/1913 NYSE Adv/Dec 345/2498

09:15 am : S&P futures vs fair value: -15.00. Nasdaq futures vs fair value: -27.50. The stock market is expected to open with a loss of about 1%. Selling has come as participants consider that stocks climbed three days in a row for a cumulative gain of about 7.5%. Ongoing concerns about the macro environment, especially after both Germany and the broad eurozone reported a sharp slowdown in economic growth for the second quarter and officials from Germany and France meet to address the region's tenuous fiscal and financial conditions, have compelled many to pare their positions so as to book gains or protect against the resumption of a broad market downtrend. The sense of uncertainty has helped take gold prices about 1% higher so that they trade back near $1780 per ounce. Treasuries have caught a bid, too. In turn, the yield on the benchmark 10-year Note is back below 2.30%. Domestic data has been somewhat mixed this morning. Housing starts and building permits both slowed more than expected during July, but recently released industrial production data for July showed a 0.9% increase. The jump in industrial production not only exceeds the 0.4% increase that had been broadly anticipated, but also represents the strongest clip in nearly three years.

09:05 am : S&P futures vs fair value: -16.90. Nasdaq futures vs fair value: -29.00. Pit trade for oil just opened a few minutes ago. Premarket pressure has carried over to take the energy component down 2.0% to $86.10 per barrel in early action. Natural gas prices are also under pressure; the commodity currently trades at $3.97 per MMbtu, which makes for a 1.4% loss. Precious metals have benefited from renewed selling interest in the equity market. Specifically, gold prices are up 1.3% to $1781 per ounce while silver prices are up 1.1% to $39.73 per ounce. Overall weakness in the commodity complex has dragged down the CRB Commodity Index to a 0.8% loss. Still, that hasn't completely eaten into the CRB's 1.2% bounce yesterday.

08:35 am : S&P futures vs fair value: -17.10. Nasdaq futures vs fair value: -29.30. Stock futures are off of their premarket lows, but the latest dose of data hasn't really helped turn the overall tone of trade. Housing starts for July hit an annualized rate of 604,000 units, which is less than the downwardly revised rate of 613,000 units reported for the prior month, but not too far from the rate of 608,000 units that had been expected, on average, among economists surveyed by Briefing.com. As for building permits, they fell to an annualized rate of 597,000 from a downwardly revised 617,000 in the prior month. The consensus had pegged permits at an annual rate of 606,000. Separately, import prices, excluding oil, increased by 0.2% in July. That follows a 0.1% decline in the prior month. Export prices, excluding agricultural items, increased in July by 0.2% after a flat reading for the prior month.

08:05 am : S&P futures vs fair value: -21.00. Nasdaq futures vs fair value: -36.00. Stock futures are down sharply in response to aggressive selling in Europe, where many participants have reacted negatively to news that during the second quarter Germany's economy slowed to a growth rate of 0.1% while eurozone GDP slowed to 0.2% growth. That has made for a rather discouraging backdrop to a meeting between officials from Germany and France. The weak action has spurred renewed interest in gold, which was last quoted with a 1.5% gain at $1784 per ounce. Want for safety has also helped the dollar rebound about 0.3% from its prior session drop. Early buying among Treasuries has taken the yield on the 10-year Note back below 2.30%. Only a handful of earnings announcements are out this morning, but the batch has featured better-than-expected results from Dow component Wal-Mart (WMT) and retail outfits Home Depot (HD), Saks (SKS), and Dick's Sporting (DKS). As for the economic calendar, the bottom of the hour brings the latest in monthly housing starts, as well as import and export prices. Industrial production numbers won't be released until 9:15 AM ET.

06:50 am : [BRIEFING.COM] S&P futures vs fair value: -18.10. Nasdaq futures vs fair value: -32.80.

06:50 am : Nikkei...9107.43...+21.00...+0.20%. Hang Seng...20212.08...-48.00...-0.20%.

06:50 am : FTSE...5307.78...-42.80...-0.80%. DAX...5891.53...-130.70...-2.20%.

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

Phone: +1.708.572.4885
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