Editor's note: This unlocked edition of Daily Trading Ranges was originally provided to subscribers on May 20, 2014 at 7:30 a.m EST. For more information on how you can receive these levels every morning in your inbox click here.
Takeaway: Almost six months into 2014, what is clearly causal to slowing US consumption growth is #InflationAccelerating.
"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”read more
If you're heavily-invested in Energy stocks it's been a heck of a year. Energy is the worst-performing sector in the S&P 500 year-to-date and value investors are now hunting for bargains in the oil patch. Before you buy, here's what you need to know.read more