Crude Oil has set an all-time record high, but this is not due to a hurricane near the US energy infrastructure in the Gulf of Mexico. The storm, which popped up overnight, is not a dangerous one. Prices of European Brent are almost as high as West Texas Intermediate.

Tech looks good this morning with Qualcomm (QCOM) very strong in the pre-market, and Intel (INTC) and Microsoft (MSFT) also up.

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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 Wednesday session Cara 100 gainers.

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Here are Cara 100 losers from Wednesday.

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Here are the Cara 100 stocks that hit 52-week intra-day highs or lows in the Wednesday 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 (12)

RSI < 30 (5)

Here are the Cara 100 stocks that traded Wednesday 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

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.

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US Dollar Review

Here is the chart of the recent trading.

The trade-weighted USD is trading this morning at 79.51.

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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 are trading this morning at 80.00. This record high level price will surely have a negative and inflationary impact on the economy.

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Gold & Precious Metals Review

Here is the Recent Spot Gold chart.

Spot gold is presently (about 9:20am) at 705.30, which has consolidated the previous day’s gains as the $USD starts to side-track here.

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Here is the The Goldminers stock index chart.

The $XAU index yesterday closed at 155.75.

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Wrap-up

Various photos in and around the villa, down the steps to the ocean, and east to Ocean Club homes, and west to Riu/Atlantis hotels.

Columbus Tavern for dinner. Used to be my second home. Noble House, the three-story white building at back of marina was home. Now the new owners are building this huge condo above Columbus Tavern. Next door is the new Ocean Club Residences complex (units start at $1.8 million).

Dinner with Pat, Jim and Hywel ended with flaming Bahamas coffee.

Enjoy your day, as I will mine.

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