Trump’s immigration views ‘not Christian:’ pope Wall Street dips as oil retreats, Wal-Mart weighs U.S. jobs market firming; manufacturing still on the ropes Obama signs North Korea sanctions bill into law: White House Turkey blames Kurdish militants for Ankara bomb, vows response in Syria and Iraq
Over the past week, the benchmark S&P 500 vaulted ~120 points or +6.6%! That is a huge move by any normal measure. In “normal” (non/Central Bank printing money days), a 10% gain for the entire year was considered “normal.” Clearly, a +6.6% rally in a 4 trading days is considered very strong and the market is…
Bank of Japan Baffled by Negative Reaction to Negative-Rate Policy Gov. Haruhiko Kuroda criticized by lawmakers who charge the policy victimizes consumers and sends a message of despair By TAKASHI NAKAMICHI Updated Feb. 18, 2016 5:32 a.m. ET 15 COMMENTS TOKYO—A clash Thursday between Japan’s central-bank chief and lawmakers highlighted the downside of negative interest…
Stock Market Overview: Futures are up before Thursday’s open as the market continues to bounce from deeply oversold levels. In the last 4 trading days, the benchmark S&P 500 has soared over 120 points or over 6.5%. That is not “normal” bull market action and moves of that size typically occur during bear market rallies….
http://www.foxbusiness.com/markets/2016/02/17/fomc-minutes-policymakers-discussed-changing-interest-rate-path.html
http://www.foxbusiness.com/markets/2016/02/17/pricelines-4q-profit-beats-estimates.html
http://www.foxbusiness.com/markets/2016/02/17/oil-prices-buoyed-by-iran-meeting.html
http://www.reuters.com/article/us-bombardier-results-idUSKCN0VQ180
Stolen radioactive material raises Islamic State fears Fed policymakers discussed changing interest rate path: minutes Bombing in Turkish capital kills 18, injures 45: official Hundreds of millions of Islamic State funds destroyed in air strikes: U.S.
Stock Market Commentary: U.S. stocks continued their 3-day rally as the market continues to bounce from deeply oversold levels. It is important to note that new leadership still remains virtually non-existent and the market continues to be led higher by beaten down areas such as Materials ($XLB) and the Transports ($IYT). The Fed released the…
