Quick buck tip. Buy Macy's. Holding long position since last week at 23.27. Target $38-40 range. TA shows it's breaking out of the steep falling wedge trend line since Nov 2016. Still bearish vs 2015 top at 72.31. Close above 40 handle will start piling pressure on the bears and imply trend change is imminent.

Dollar down 8% since the turn of the year. After getting whacked on Trump's election, the Mexican peso has gained a monstrous 28% on the USD as the emerging markets get their time in the sun. Euro punching way above its weight in this counter trend. Excellent shorting opportunities when the market flips. https://www.wsj.com/amp/...conomy-needs-1502632623
KE's treasury will be looking to hurriedly float the second eurobond to take advantage of the emerging market tailwinds and plug the bullet payment of 75b due in October. That decision will compound the fiscal risk KE faces for the current and coming financial year.

BARCELONA, Spain — Catalonia’s defiant attempt to stage an independence referendum descended into chaos on Sunday, with hundreds injured in clashes with police in one of the gravest tests of Spain’s democracy since the end of the Franco dictatorship in the 1970s.

National police officers in riot gear, sent by the central government in Madrid from other parts of Spain, used rubber bullets and truncheons in some places as they fanned out across Catalonia, the restive northeastern region, to shut down polling stations and seize ballot boxes.

The clashes quickly spoiled what had been a festive, if expectant, atmosphere among voters, many of whom had camped inside polling stations and stayed on into late Sunday night, fearful that officers might seize ballot boxes.