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Crude breakout along with Yield surge should provide further gains in Energy, Financials

After 5 straight UP weeks for DJIA, Ahead of this week's 2-day FOMC meeting starting tomorrow, Most of US and Europe are mixed, while Asia was hit hard today with China falling the most since June- This weekend's OPEC developments allowing for Output Cut to happen in a more aggressive fashion than agreed on the prior week, and Crude this am trading higher by more than 4.3% breaking out, which is sparking inflation concerns and leading bonds lower around the globe-  10-yr Treasury yields are higher to nearly 2.52% while Bund yields are back over .40bps and Swiss 10s are back to near positive territory at -.025 bps.  Most of the Yield curve is steepening out dramatically yet again while the US Dollar is trending mildly negative this am, but HIGHER vs Yen-  Overall with regards to Equities.  Trends have not yet shown any evidence of needing to reverse, despite being stretched.. and any pullback ahead of FOMC likely would prove short-lived before pushing up to near 2270 which is an initial area of resistance- while area to buy lies near 2244-5- This am's leaders- AKAO, PHMD, REGN, COP, AMD, while many in Energy are showing VERY sharp gains- SGY, ORIG, PACD, AVXL, ATW, WLL, OAS all up more than 10% premkt-  while on downside- OPHT, IDXG down-   Today's market likely should be dominated by outperformance in both Energy and Financials given premkt activity in crude and Treasuries.. Let me know if you have any questions