Chart Of The Day: Only 28% Of Stocks In The S&P 500 Are Above Their 50 DMA Lines
*Data as of Friday’s close…
Markets=Yuck!
We continue to believe we are in the process of a big topping out process of the central banks- induced bull market that started in 09. We believe once again that central banks have created bubbles all over the place and that ultimately there will be heck to pay. We just don’t know when heck shows…
“The Sea Was Angry That Day, My Friends”
“The Sea Was Angry That Day, My Friends” Like An Old Man Trying To Send Back Soup At A Deli” -George Costanza- By Gary Kaltbaum-December 13,2015@GaryKaltbaumgaryk.com Fox News Business Contributor We wrote a lot of this report in mid-September but updated it to today. It all remains appropriate as we are now seeing some of the…
The Morning Look
Stock Market Overview: U.S. stock futures are relatively quiet this morning which is normal after last week’s steep sell-off. Stocks fell hard last week with 75% of the market in poor shape and only 25% in good shape. Market pundits are waiting to see what will happen on Wednesday with the Fed meeting and post meeting press…
Week Ahead: At Long Last, A Rate Hike @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/12/11/week-ahead-at-long-last-rate-hike/?intcmp=bigtopmarketfeatures
Metrics in Place to Detect Terrorists Who Try to Borrow @FoxBusiness
http://www.foxbusiness.com/business-leaders/2015/12/11/lendingtree-ceo-metrics-in-place-to-detect-terrorists-who-try-to-borrow/?intcmp=marketfeatures
Dow Chemical, DuPont CEOs discuss mega-merger deal @FoxBusiness
https://video.foxbusiness.com/v/4657465439001/dow-chemical-dupont-ceos-discuss-mega-merger-deal/?intcmp=bigtopmarketfeatures#sp=show-clips
Greece expected to push through remaining reforms on Tuesday: euro zone
http://www.reuters.com/finance/markets#yYWQCrWTFp2TDWHQ.99
Year’s best fund focuses on shorting ‘poorly designed’ ETFs
http://www.reuters.com/finance/markets#yYWQCrWTFp2TDWHQ.99
Required Reading Of The Day
Road to the climate deal Russia warns Turkey over Aegean warship incident Exclusive: U.S. investigates broadcasters in widening FIFA case Alibaba agrees to pay $266 million for South China Morning Post L.A. County sheriff vows thorough probe into shooting of black man Powers back unity government in Libya to deter Islamic State