U.S. Manufacturing Expands at Fastest Pace in Two Years
https://www.bloomberg.com/news/articles/2017-01-03/manufacturing-in-u-s-expands-at-fastest-pace-in-two-years
US construction spending hits more than 10 year high in November
http://www.cnbc.com/2017/01/03/construction-spending-in-nov-2016-ism-manufacturing-in-dec.html
Apple to cut iPhone production in first quarter of 2017: report
http://www.reuters.com/article/us-apple-iphone-idUSKBN14J1LZ
New drug approvals fall to six-year low in 2016
http://www.reuters.com/article/us-pharmaceuticals-approvals-idUSKBN14M08R
Really GOP! This is your first big move?
Hey GOP…did you not listen? Did you not hear? You do know there are elections again in 2018 and 2020? Keep up with moves like this and you won’t have to worry about your next election. You will be gone as quick as you just swept! We will investigate this more but as we read…
Tuesday’s Pre-Market Look: Stocks In The News Before The Open
Disney (DIS) was upgraded to ‘Buy’ from ‘Hold’ at Evercore ISI with a 12-month target price of $120. Facebook (FB) was rated a new ‘Buy’ at Aegis Capital with a 12-month target price of $150. QEP Resources (QEP) was upgraded to ‘Outperform’ from ‘Market Perform’ at FBR Capital Markets with a 12-month target price of…
@FoxBusiness Celebrates 2016’s Biggest Hits
http://www.foxbusiness.com/features/2016/12/22/foxbusiness-com-celebrates-2016s-biggest-hits.html
Bitcoin jumps above $1,000 for first time in three years
http://www.reuters.com/article/us-global-markets-bitcoin-idUSKBN14M0IF
Hyundai, Kia target sales rebound after first fall in 18 years
http://www.reuters.com/article/us-hyundai-motor-sales-idUSKBN14L1D3
The Morning Look
Market Update: Stock futures are higher ahead of Tuesday’s open on the first trading day of 2017. Gary’s Thoughts: Happy new year to all. Hope you had a great holiday. We are back in the states with serious jet lag but nevertheless, alive and well. We will wait til end of week for bigger report…