DailyWatch 7-18-16

Today’s Economic Calendar

10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

 

 

 

 

Daily Market Summary

The S&P futures are trading at 2159 in morning trading. No change in the commentary from last week. Most of the major averages are in State 1. Many of them excluding the NDX have hit price targets. I think we will see a melt up in equities until we reach an overbought level. Continue reading “DailyWatch 7-18-16”