Thu Mar 1 2018 Summary
Investors shifted their attention from interest rates to the potential for Tariffs announced by President Trump and expected to be sent for passing next week. Fears of a global trade war whether realistic or not, took down the markets and saw all the indexes close substantially lower again.
Considering strong negative responses this evening out of Canada, Mexico, Europe and Asia, investors are braced for another “bad” day on Friday.
For interest here are the top five exporters of steel to the United States:
1. Canada is by far the largest exporter
2. Brazil
3. South Korea
4. Mexico
5. Russia
China ranks 11th among the countries exporting steel to the USA.
The top four exporters of aluminum to the United States are:
1. Canada (by far again)
2. Russia
3. United Arab Emirates
4. China
Here is the Market Breadth Indicator outlook for Fri Mar 2 2018 .
There are significant changes in the Market Breadth Indicators from Thursday’s sell-off along with changes to the market protection outlook for Friday. Members should review these changes before markets resume trading.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Fri Mar 2 2018
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