Several new topics of potential influence affecting traders this week: Japan’s decision to make all pension managers for the State performance rather than fee-based. Also, China’s move to pay for oil in yuan and not the dollar, writes Gene Inger in The Inger Letter.

Then there are potential inferences of France sending troops to Syria, replacing U.S. forces, and infuriating Turkey’s Erdogan (an influence on oil prices?).

Bloomberg: Stocks tumble on tech rout as support levels fail.

Plus, of course risk of Israel moving into the Gaza Strip if Hamas doesn’t immediately stop taunting Israel at its border. Perhaps that was the point of flying F-35s undetected over Syria, Iraq and Iran last week, which shows the Lockheed-Martin (LMT) fighter does perform as advertised.

There’s the expanded weekend Trump tweet assault on Amazon (AMZN) too, with both good and bad implications.

Trump's Amazon tweets dent his stock market bragging rights.

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Most significant: the technical perspective we’ve outlined, which included short-squeezes, because in our S&P 500 (SPX) guidelines we knew too many were playing for decline. But where’s the investment-grade money and if it’s absent, what’s the implication for this Summer?

Thanks again for the kind words of encouragement to continue our analysis that blends factors likely to influence markets…and also a few who understood the changing nature of investing and the tactic money managers have used to enhance total return income lately. I noted this at TradersExpo New York and will again in Chicago at TradersExpo July 22-24.

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