EMOTION MOVING MARKETS NOW: 11/100 EXTREME FEAR
PREVIOUS CLOSE: 10/100 EXTREME FEAR
ONE WEEK AGO: 12/100 EXTREME FEAR
ONE MONTH AGO: 21/100 EXTREME FEAR
ONE YEAR AGO: 48/100 NEUTRAL
Put and Call Options: EXTREME FEAR During the last five trading days, volume in put options has lagged volume in call options by 24.35% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.
Market Volatility: NEUTRAL The CBOE Volatility Index (VIX) is at 26.09. This is a neutral reading and indicates that market risks appear low.
Stock Price Strength: EXTREME FEAR The number of stocks hitting 52-week lows is slightly greater than the number hitting highs and is at the lower end of its range, indicating extreme fear.
PIVOT POINTS
EURUSD [31] | GBPUSD [32] | USDJPY [33] | USDCAD [34] | AUDUSD [35] | EURJPY [36] | EURCHF [37] | EURGBP [38]| GBPJPY [39] | NZDUSD [40] | USDCHF [41] | EURAUD [42] | AUDJPY
[43]
S&P 500 (ES) [44] | NASDAQ 100 (NQ) [45] | DOW 30 (YM) [46] | RUSSELL 2000 (TF) [47]| Euro (6E) [48] |Pound (6B) [49]
EUROSTOXX 50 (FESX) [50] | DAX 30 (FDAX) [51] | BOBL (FGBM) [52] | SCHATZ (FGBS) [53] | BUND (FGBL) [54]
CRUDE OIL (CL) [55] | GOLD (GC) [56]
MEME OF THE DAY – DUBAI GOLD DEALER OLYMPICS [57]
UNUSUAL ACTIVITY
MBLY SEP 55.5 PUT ACTIVITY 1500 @$2.90 on offer
TSM OCT 20 CALLS 4694 block @$.95 right by offer
RAD JAN 9 CALLS 3K @$.54 on offer
SAEX 10% Owner P 11,394 A $ 3.02 P 17,693 A $ 2.95
TBPH .. SC 13G Filed by GlaxoSmithKline .. 24.5%
HEADLINES
ECB's Draghi Unveils Revamped QE Program
ECB's Draghi pledges more QE if needed
ECB's Draghi: Greece not ready yet for ECB to buy its bonds
ECB Keeps All 3 Main Rates Unchanged As Expected
US ISM Non-Manf. Composite (Aug): 59.0 (est 58.2, prev 60.3)
US Trade Balance (USD) (Jul): -41.86B (Est -42.20B, Rev Prev -45.21B)
US Initial Jobless Claims (Aug 22): 282K (Est 275K, Rev Prev 270K)
US Markit Services PMI (AUG F): 56.1 (Est 55, Prev 55.2)
Atlanta Fed Q3 GDPNow Forecast Updated +1.5% (Prev +1.3%)
US Tsy Sec Lew: No concern yet in financial institutions from market turmoil
IMF Official: Fed Can Keep Their Rates Low Until Wage/Price Inflation Is Seen
Greek leftists put on brave face as poll shows conservatives pulling ahead
U.S. stocks lose steam as oil prices pull back
Oil futures mark 5th gain in 6 sessions
GOVERNMENT/CENTRAL BANKS
ECB's Draghi Unveils Revamped QE Program --BBG [59]
ECB's Draghi pledges more QE if needed --CNBC [60]
ECB Main Refinancing Rate (Sep 3): 0.05% (Est 0.05%, Prev 0.05%) [61]
ECB Deposit Facility Rate (Sep 3): -0.20% (est -0.20%, prev -0.20%) [61]
ECB Marginal Lending Facility (Sep 3): 0.30% (est 0.30%, prev 0.30%) [61]
Atlanta Fed Q3 GDPNow Forecast Updated +1.5% (Prev +1.3%) [62]
US Tsy Sec Lew: No concern yet regarding financial institutions from market turmoil --Rtrs [63]
IMF Official: Fed Can Keep Their Rates Low Until Wage/Price Inflation Is Seen --RTE [64]
IMF: Market volatility alone not reason for concern over yuan --Rtrs [65]
EZ official: G20 discussing China, Fed rates and will not discuss Greece [66]
Greek leftists put on brave face as poll shows conservatives pulling ahead --Rtrs [67]
GEOPOLITICAL
China flexes muscles with World War II military extravaganza --CNN [68]
Iran supreme leader: Sanctions must be lifted, not suspended --Israel Times [69]
Migrant crisis 'a German problem' - Hungary's Orban --BBC [70]
FIXED INCOME
Treasury prices edge higher on dovish ECB, U.S. jobs data eyed --RTRS [71]
Portugal's Bonds Lead Gains In Periphery as ECB Raises QE Asset-Buying Limit --BBG [72]
US Tsy Reduces Size of Next Week's Bill Sales --Tsy [73]
ECB's Draghi: Greece not ready yet for ECB to buy its bonds --Rtrs [74]
FX
EUR: Dovish Draghi hits euro and Bund yields --FT [75]
USD: Dollar Mixed As Investors Await August Employment Report --RTT [76]
CAD: Loonie Climbs on Positive Trade Data, Higher Oil Prices --WBP [77]
Yuan pessimism eases on China central bank efforts, Asia FX sentiment less bearish --Rtrs poll [78]
COMMODITIES/METALS
Oil futures mark 5th gain in 6 sessions --MktWatch [79]
Saudi Aramco Cuts October Crudes to U.S. as Refinery Demand Falls --BBG [80]
US EIA Natural Gas Storage Change (Aug 28): 94 (est 90, prev 69) [81]
Gold plunges nearly 1% as ECB lowers inflation, GDP forecasts --Investing.com [82]
Copper Prices Climb Amid Respite From Chinese Selling --WSJ [83]
Anglo American in talks to sell troubled platinum mines --FT [84]
EQUITIES
INDEX: U.S. stocks lose steam as oil prices pull back --MktWatch [85]
INDEX: Eurozone stocks rally after Draghi comments --Rtrs [86]
INDEX: ECB bond buying hint lifts FTSE higher --BBC [87]
EARNINGS: Medtronic profit and sales beat expectations --MktWatch [88]
EARNINGS: Campbell Soup Sales Fall Due to Strong Dollar, Weak Demand --Fox [89]
BANKING: UniCredit weighing 10,000 job cuts in revamp --BBG [90]
AUTOS: VW's finance chief set to become new chairman --Rtrs [91]
TECH: Microsoft has acquired VoloMetrix --MsftNews [92]
TECH: Japan Display CEO hints at strong Apple orders ahead of new iPhone launch --Rtrs [93]
MEDIA: AOL to buy Millennial Media at a 31% premium --MktWatch [94]
MINING: Joy Global cuts guidance as profit, sales miss --MktWatch [95]
CONSUMER GDS: General Mills sellS Green Giant to B&G Foods for $765mln --USAToday [96]
CONSUMER GDS: Genesco profit, sales rise above expectations --MktWatch [97]
CONSUMER GDS: Lululemon's stock up after Wedbush puts it on a 'best ideas' list --MktWatch [98]
HEALTHCARE: CVS: tobacco ban led to a decrease in cigarette purchases --MktWatch [99]
EMERGING MARKETS
Lira Weakens After Turkey Inflation Miss as Rates Seen Too Low --BBG [100]
Brazilian Real Drops for Fifth Day as Levy Seen Closer to Exit --BBG [101]
Rand Leads Emerging-Currency Declines as Economic Data Weighs --Rtrs [102]
Indian Stocks Rebound From 13-Month Low as Metalmakers Advance --BBG [103]
Ruble Holds Firm as Official Moots Return of Dollar Purchases --BBG [104]

