The Closing Look
Stocks fell on Tuesday as investors digested the latest round of economic data. The S&P Case-Shiller Index slid -0.1% on a monthly basis and missed estimates for a gain of +0.1%. Overall, the index rose by 5.1% vs the same period last year. Elsewhere, consumer confidence rose to 101.1, beating estimates for 97.3. Shares of Hershey (HSY)…
The Morning Look
Market Update: Stock futures are quiet ahead of Wednesday’s open as the market continues trading near record highs. Gary’s Thoughts: Dollar/discount retail, Gold, silver, metals, mining, steel, utilities, reits (not all), retail (many), tobacco, other consumer staples,auto part retail, lots of healthcare…..notice more and more areas under pressure here. Does not mean the end of the world…
Solar Manufacturers Could Face Rough Road Ahead @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/30/solar-manufacturers-could-face-rough-road-ahead.html
Uber Hires Target Executive as President of Ride-Sharing @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/30/uber-hires-target-executive-as-president-ride-sharing.html
How Will the Fed React to Friday’s Jobs Number? @FoxBusiness
https://video.foxbusiness.com/v/5104863980001/how-will-the-fed-react-to-fridays-jobs-number/?#sp=show-clips
Apple Is Working on iPad Upgrades and Refreshed Mac Lineup
http://www.bloomberg.com/news/articles/2016-08-29/apple-said-to-prepare-ipad-upgrades-and-refreshed-mac-lineup
Apple’s $14.5 Billion EU Tax Ruling: What You Need to Know
http://www.bloomberg.com/news/articles/2016-08-30/apple-s-14-5-billion-eu-tax-ruling-what-you-need-to-know