Slump in oil prices gives pause to rally on global stock markets SolarCity accepts Tesla’s $2.6 billion offer; both shares fall Russian helicopter shot down in rebel-held Syria U.S. Treasury to borrow $201 billion in July-September quarter U.S. general seeks to soothe Turkey ties strained by coup purge Turkey’s defense ministry reshuffles 167 generals within…
Investor’s Edge: 08/01/2016
Market Update: Stock futures are a little lower ahead of Tuesday’s open. The Dow fell 6 days in a row as it continues consolidating its recent post-brexit rally and a ton of earnings continue to be released. Overnight, Japan announced its fiscal stimulus plan which disappointed some investors and Australia’s Central Bank Cut rates to a…
Goldman has been bearish and states it again. Gundlach says to sell everything. Other big investment banks have been bearish the past couple of months. We do not think we have seen this type of bearishness before in a market that has been moving higher. This type of market opinion is usually reserved for deep…
Market Update: Stock futures are relatively flat ahead of Monday’s open as investors digest a weaker-than-expected GDP report, the latest round of mixed earnings and economic data and wait for Friday’s fake jobs report. Remember weak “data” is bullish for stocks because it means more easy money from global central banks. Gary’s Thoughts: All quiet this…
http://www.bloomberg.com/features/2016-facebook-virtual-reality/
http://www.bloomberg.com/news/articles/2016-07-30/bond-world-sees-live-september-for-fed-but-it-s-september-17
http://www.bloomberg.com/news/articles/2016-07-29/apple-s-embrace-by-bond-market-prompts-calls-for-sanity-check
http://www.foxbusiness.com/markets/2016/07/29/italian-irish-spanish-banks-perform-poorly-on-european-banking-stress-test.html
