EMOTION MOVING MARKETS NOW: 17/100 EXTREME FEAR PREVIOUS CLOSE: 13/100 EXTREME FEAR ONE WEEK AGO: 13/100 EXTREME FEAR ONE MONTH AGO: 11/100 EXTREME FEAR ONE YEAR AGO: 38/100 FEAR Put and Call Options: EXTREME FEAR During the last five trading days, volume in put options has lagged volume in call options by 14.81% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors. Market Volatility: NEUTRAL The CBOE Volatility Index (VIX) is at 22.54. This is a neutral reading and indicates that market risks appear low. Stock Price Strength: EXTREME FEAR The number of stocks hitting 52-week lows exceeds the number hitting highs and is at the lower end of its range, indicating extreme fear. PIVOT POINTS EURUSD | GBPUSD | USDJPY | USDCAD | AUDUSD | EURJPY | EURCHF | EURGBP| GBPJPY | NZDUSD | USDCHF | EURAUD | AUDJPY S&P 500 (ES) | NASDAQ 100 (NQ) | DOW 30 (YM) | RUSSELL 2000 (TF) | Euro (6E) |Pound (6B) EUROSTOXX 50 (FESX) | DAX 30 (FDAX) | BOBL (FGBM) | SCHATZ (FGBS) | BUND (FGBL) CRUDE OIL (CL) | GOLD (GC) MEME OF THE DAY – I JUST LOVE MY NEW SWEATER…. UNUSUAL ACTIVITY MYE Director Purchase 5,000 @$12.7959 DG Chief Executive Officer Purchase 4,300 @$70.7253 NVET Director Purchase 10,000 @$4.786 HPQ Oct weekly2 28 CALLS active @$.61-.62 P Sep weekly4 CALL Activity 20 CALLS 700+ @$.39 YNDX SEP 11 CALL Activity @$.45 1k+ More Unusual Activity… HEADLINES ECB Nowotny hints at extension of QE program US House plans vote on Bill to lift ban on oil exports White House doesn't support House Bill to lift crude export ban Challenger: Holiday retail hiring expected to be flat in 2015 Basel Committee: Global banks reach almost all 2019 capital standards GOVERNMENTS/CENTRAL BANKS Atlanta Fed GDPnow Q3 2015 (15/Sept): 1.5% (prev 1.5% on 3/Sept) ECB's Nowotny hints at extension of QE program --ForexLive ECB Nowotny: Emergency liquidity provision should remain with national cbanks --Rtrs ECB Nouy: European deposit insurance scheme will take time --Rtrs ECB: Eurozone house prices are rising --FT BOI Visco: Italy out Of recession, Bad Bank to support NPL sales --MNI Italy Debt Chief Cannata: ECB is not jeopardizing secondary market liquidity --ForexLive French economists protest ex-banker's nomination to central bank --Rtrs EU Dombrovskis: Greek debt relief talks could start next month --MNI Riksbank's Jansson: Intervention definitely a possibility --ForexLive BOJ Kuroda: Japan's virtuous economic cycle is working --ForexLive Australian businesses hail Turnbull toppling of Abbott --FT GEOPOLITICS US not planning China cyber sanctions before Xi visit --Rtrs North Korea restarts main nuclear complex --FT FIXED INCOME Two-Year Treasury Yield Approaches Four-Year High Before Fed Meeting --WSJ Treasury yields rise on mixed economic data ahead of Fed meeting --MW Political uncertainty in Spain widens bond spreads --FT Italy Debt Chief Cannata: China turmoil could reduce purchases of Italian debt --MNI Moody's: European Covered Bonds' Rating Stability Will Strengthen CORPORATES: Boozy bonds lead flood of euro debt sales --FT CORPORATES: Poor investor demand meant Tuesday's corporate deals struggled to generate price traction --IFR HY: Fitch: US HY ETF Trading Volume, Flows Could Create Disconnects COMMODITIES AND ENERGY CRUDE: WTI futures settle +1.3% at $44.59 per barrel CRUDE: Brent futures settle +0.6% at $46.63 per barrel CRUDE: House Plans Vote on Bill to Lift Ban on Oil Exports --WSJ CRUDE: White House does not support House bill to lift ban on US crude exports --CNN METALS: Gold falls as traders mull data to gauge Fed's next move --MW METALS: Copper buoyed by China's import window --FT ENERGY: Britain braced for long, snowy winter as strongest El Nino since 1950 expected --Tele EQUITIES S&P 500 provisionally closes +1.3% at 1,978 DJIA provisionally closes +1.4% at 16,601 Nasdaq provisionally closes +1.1% at 4,860 RETAIL: Challenger: Holiday retail hiring expected to be flat in 2015 --WSJ BANKS: Basel Committee of Banking Supervision report finds global banks reach almost all 2019 capital standards --FT BANKS: One US banker is ready to raise rates, regardless of Fed --BBG FUNDS: Fund managers say psychological scars fuel investor jitters --FT INDUSTRIALS: GE to move turbine jobs to Europe, China due to EXIM bank closure --Rtrs INDUSTRIALS: Bezos' space startup Blue Origin lifting off in Florida --WSJ INDUSTRIALS: Lockheed Martin eyes UK submarine hunter competition --Flight Global SERVICES: UPS to hire up to 95000 workers for holiday season --Rtrs C&E: Glencore slumps to record low, erasing gains since debt plan --BBG Glencore launches $2.5bn share placement --FT C&E: Schlumberger bid for Eurasia stake could face new conditions --RIA TECH: Cisco router attacks duck cyber defenses, hit 4 countries --CNBC TECH: ARM sees $200M investing boost to revenue by 2020 --MW AUTOS: GM executives stick to Europe profit goal for 2016 --BI AUTOS: BMW chief collapses on stage at motor show --FT HEDGE FUNDS: Pershing Square Analysis Details Significant Similarities between Herbalife and FTC-Alleged Pyramid Scheme Vemma BANKS: Delayed HBOS Probe Inches Towards Conclusion --Sky BANKS: Portugal ends talks to sell Novo Banco as bids too low --Rtrs MEDIA: CBS Entertainment Head Nina Tassler to Step Down --WSJ EMERGING MARKETS Kyle Bass warns of mounting bad debt in China --MW China to clear up non-real-name stock accounts --Business News via BBG BRAZIL: BCB's Tombini says downgrade reinforced need for adjustments --Rtrs