The Morning Look
Stock Market Overview: U.S. stock futures are up a little ahead of Friday’s open and always fun jobs report. This has been a brutal week on Wall Street and the market is deeply oversold and way overdue to bounce at some point. Gary has expressed caution and has been telling you about how the market has been getting…
FBN Announces Moderators for GOP Primary Debates @FoxBusiness
http://www.foxbusiness.com/industries/2016/01/05/fox-business-network-announces-moderators-for-gop-primary-debates-on-jan-14/?intcmp=marketfeatures
Apple buys artificial intelligence startup Emotient: @WSJ
http://www.reuters.com/article/us-emotient-m-a-apple-idUSKBN0UL27420160107
Copper Prices Slide to Lowest in Nearly 7 Years @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/07/copper-prices-sldie-to-lowest-in-nearly-seven-years/?intcmp=bigtopmarketfeaturesside
TransCanada sues U.S. over Keystone XL pipeline rejectionTransCanada sues U.S. over Keystone XL pipeline rejection
http://www.reuters.com/article/us-transcanada-keystone-idUSKBN0UK2JG20160107
Kasich: World is Paying the Price for China’s Government @FoxBusiness
http://www.foxbusiness.com/business-leaders/2016/01/07/kasich-china-govt-never-let-markets-work-and-world-is-paying-price/?intcmp=bigtopmarketfeaturesside
Required Reading Of The Day
Fed’s Evans favors slower interest rate path in 2016 Wall Street hit by China tumult, oil slide China lets yuan slide, starts fight to halt turbulence Paris police kill man armed with meat cleaver on Charlie Hebdo anniversary Alabama sues federal government over Syrian refugees Baltimore police officer appeals order to testify in Freddie Gray…
A few short notes heading into the fake job’s report and the weekend.
Greetings from snowy Denver. If this isnt a bear market, we hate to see what a bear market looks like. We say this because a few brave but idiotic market pundits were out today saying that we are still in a bull market. They are either nuts or full of crap with an agenda. If…
The Closing Look
Stock Market Commentary: Stocks fell hard again on Thursday after China’s stock market was halted for the second time this week. In early afternoon trade, Reuters reported that China’s central bank is under increasing pressure to let their currency (the yuan) fall sharply by as much as 10-15%. Earlier today, China also suspended their new circuit…