The Four Trading Fears

Good morning folks, 

Hope you had a fantastic weekend. I mentioned in this weeks market wrap video that me stepping towards the bullish camp could be the catalyst the market needs to finally break down and this morning we are looking a premarket that is flashing slightly red. 

I wish I had that kind of juice but the reality is the market doesn't know me, nor does it care about what I want or what I think. 

Oil is pulling back a little premarket and that could continue if the dollar continues to strengthen and some of the recent disruptions of supply begin to be resolved. Global supply has remained strong even with the disruptions so as things get resolved that will likely weigh on oil. 

The BAYRY offer to acquire MON has been confirmed with both stocks reacting prematket. That could put the specialty chemicals and Ag space in play.

We are already getting comments out of the Fed about the rate hike lets see if anyone actually believes they will do it in June. I am looking forward to seeing how this week plays out and ready for any outcome. 

Today's Markets 

In Asia, Japan -0.5% to 16655. Hong Kong -0.2% to 19809. China +0.6% to 2844. India-0.3% to 25230.
In Europe, at midday, London -0.3%. Paris -0.9%. Frankfurt -0.7%.
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude -1.3% to $47.80. Gold-0.1% to $1251.30.
Ten-year Treasury Yield -2 bps to 1.82%

Today's Economic Calendar

5:30 Fed's Bullard: U.S. Monetary and Economic Policy
8:00 Fed's Williams: Monetary Policy
9:45 PMI Manufacturing Index Flash
6:30 PM Fed's Harper speech

ETF's on my Radar 

Volatility                                                       OIL                                                Biotech
UVXY XIV VXX TVIX VMIX VMAX            UWTI DWTI GUSH DRIP         LABD IBB LABU      

 Gold                                SILVER         Dollar                                Financials

GLD NUGT JNUG           USLV             UUP                                 FAS XLF FAZ

Minerals and Miners                   Utilities           RETAIL                    Transportation              

XME GDX GDXJ                      XLU             XRT                         IYT  XTN

DUST JDST  

Agriculture                                  SPY 

DBA, DAG                           SPXS SPXL

STOCKS ON MY RADAR PREMARKET  

HLS hot looking daily reiterated guidance 

SYN was asked about this weekend and they released an investor presentation this morning 

NAVB could be doing a more favorable debt restructuring through unsolicited Investor potential dolla holla 

 *PR means press release* 

Stocks that are in this weeks Stocks to watch Ticker Tv session and their performance