Theme 9-30

Buy Stocks,Sell bonds due to Month end /quarter end is play so far.Biotech has a bid today,supposedly been a hedge fund killer these last few days.We will watch.Chicago Pmi was bad but no one seems to care about this Number for some time.

Euro Weaker due to negative inflation Out of Euro Zone.Strong dollar has been good for risk,should continue.

Oil number weaker in aggregate but production and Cushing are bullish,need to see move higher in CL/CO and CL cal spreads to validate an up move in Outright.Strong stock also should help move higher In front month.

Russian supposedly bombing ISIS targets but rumors they are bombing anti bashard targets. FRENCH DIPLOMATIC SOURCE SAYS RUSSIAN STRIKES IN SYRIA APPEAR TO TARGET SYRIAN OPPOSITION, NOT ISLAMIC STATE – RTRS

Quarterly stock Number at 11:00 Usually a mover but talk of a muted response for today’s release

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