The Morning Look
Stock Market Overview: Futures are a little higher ahead of Tuesday’s open as investors digest last week’s decline. The US dollar fell to a fresh 9-month low yesterday and remains weak. Gary’s Thoughts: GOLD…GOLD…MORE GOLD…EXTENDED NEAR TERM BUT THAT IS ONE STRONG MOVE. Economic Data: NFIB Small Business Optimism Index 6:00 AM ET Import and Export Prices 8:30 AM ET…
The Closing Look
Stocks opened higher but ended near their lows as seller showed up in the afternoon. Before the open, rumor spread that central banks and governments should begin buying bank stocks to boost the market. Meanwhile, the US dollar fell to a fresh 9-month low which sent gold, silver and several other commodities higher. In other news, Goldman Sachs…
U.S. Banks’ Dismal 1Q May Spell Trouble for 2016 @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/11/u-s-banks-dismal-1q-may-spell-trouble-for-2016.html
Tesla to Voluntarily Recall 2,700 Model X SUVs Over Seat Issue @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/11/tesla-to-voluntarily-recall-2700-model-x-suvs-over-seat-issue.html
Chesapeake Pledges Almost Entire Company as Debt Collateral
http://www.bloomberg.com/news/articles/2016-04-11/chesapeake-energy-amends-4-billion-credit-agreement-due-in-2019
Fmr. Attorney General: Clinton’s gross negligence is not a defense @FoxBusiness
https://video.foxbusiness.com/v/4840916974001/fmr-attorney-general-clintons-gross-negligence-is-not-a-defense/?#sp=show-clips
Former Yellen Adviser Proposes Sweeping Reform of Fed System
http://www.bloomberg.com/politics/articles/2016-04-11/former-yellen-adviser-proposes-sweeping-reform-of-fed-system
Why Gadget Upgrade Cycles Are Getting Longer @FoxBusiness
http://www.foxbusiness.com/features/2016/04/11/why-gadget-upgrade-cycles-are-getting-longer.html
Greek talks with IMF/EU lenders drag on, compromise seen
http://www.reuters.com/article/us-eurozone-greece-review-idUSKCN0X80BN