This morning, European equity markets are strong.

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International Economics Review

US Economic Calendar

Economic Calendar provided by BMONesbittBurns.

Econoday Weekly International Report

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The Cara Global 100 Stockwatch

Here are the Monday session Cara 100 gainers.

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Here are Cara 100 losers from Monday.

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Here are the Cara 100 stocks that hit 52-week intra-day highs or lows in the Monday session.

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Here are the Cara 100 stocks that had extreme volume changes.

It pays to watch the price and volume extremes, ie, Money Flow, especially when markets start trending.

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Key Stocks plus Cara 100 In Focus

There are various sources for up/down grades by broker-dealers. One is at Briefing.com. Traders ought to check everyday for ratings changes. That website is updated later in the morning.

I am appreciative to the folks at KNOBIAS, Inc for providing the Cara 100 summaries.

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Relative Strength Index (RSI) analysis of the Cara 100 company stocks .

RSI > 70 (3)

RSI < 30 (9)
Here are the Cara 100 stocks that traded Monday with the highest and lowest RSI-7, sorted by (i) daily and (ii) monthly values:

“Chris,” used BillCara2.com data that is unsmoothed, unlike the data from Worden used by “David”.

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International Equity Markets Review

Asia-Pacific

The indexes across Asia-Pacific equity markets were mixed today, with a negative day in Shanghai (-4.51 pct).

Here is the latest session data for the Asia-Pacific stock exchanges.

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Europe>

Here is the latest session data for the bourses of Europe.

Europe is all green arrows today as traders are expecting positive remarks from the Fed’s Bernanke.

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US Dollar Review

Here is the chart of the recent trading.

The trade-weighted USD is trading this morning at 79.736, which continues to get smashed as economists and traders now feel the Fed will be exceptionally accommodative.

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Oil Review

Interactive Chart of Weekly Crude Oil:

Here is the e-miNY Oct-07 Crude Oil chart.

Crude Oil contracts spiked to 78.30 after OPEC indicated they are producing enough oil to meet the world’s needs (at a price they are prepared to accept).

This morning the price for the near futures is 77.325.

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Gold & Precious Metals Review

Here is the Recent Spot Gold chart.

Spot gold is presently (about 7:00am) at 705.00, which is a rocket heading to the horizon, following my bullish call and listing of gold stocks in mid-August.

Good things happen to traders who are patient. The $USD is now well under 80 and spot gold is well over 700, heading in the right direction.

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Here is the The Goldminers stock index chart.

The $XAU index yesterday closed at 151.27, which is a gain of over +11 pct since I wrote on the morning of Aug. 24 (136.16 close on Aug 23) that there would soon be a breakout from its trading range, and “go on to set record highs, first stopping at the $149.95 level.”

The last few days has been flat as the market needs a brief period of consolidation before moving to the next higher level.

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Wrap-up

Vacation is going well. Wrapped up the blogging by 7am.

Have a good one.

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