Listen To Wednesday’s Investor’s Edge Radio Show: Stoolander Edition 06/08/2016
Highlights: 1. Market Wrap 2. Gary breaks down Wednesday’s action for you 3. Gary breaks down the strong action in commodities for you
Because Government Programs Are So Efficient!
SOURCE: http://www.washingtonexaminer.com/ajit-pai-fraud-from-obamaphone-program-reaching-500-million/article/2593375
The Closing Look
Stocks rallied on Wednesday as the strong sector rotation we have outlined for you in recent weeks continued. On Wednesday, we saw big money flow into commodities, mainly steel, oil and gold stocks. Other sectors of the market also did well such as materials, transports, and industrials. Crude oil jumped above $51/barrel and gold prices…
The Morning Look
Market Update: Stock futures are lower ahead of Thursday’s open as the market pauses to digest the recent and strong rally. Gary’s Thoughts: Pullbacks should be controlled and rotational at this time. When you have a chance, get reading about rates around the globe. Yellen and central banks say there is no bubble. No bubble? $10…
Expect It To Get Nasty
http://www.reuters.com/article/us-usa-election-clinton-idUSKCN0YS0Y4
Party Frontrunners Turn Focus to the Economy @FoxBusiness
http://www.foxbusiness.com/politics/2016/06/08/party-frontrunners-turn-focus-to-economy.html
Dave & Buster’s CEO: Higher Minimum Wage Reduces Growth @FoxBusiness
http://www.foxbusiness.com/features/2016/06/08/dave-busters-ceo-higher-minimum-wage-reduces-growth.html
Loews Corporation CEO: Oil Prices Will be 50% Higher in Two Years @FoxBusiness
http://www.foxbusiness.com/markets/2016/03/24/loews-corporation-ceo-oil-prices-will-be-50-higher-in-two-years.html
Brazil police officer, symbol of corruption crackdown, arrested
http://www.reuters.com/article/us-brazil-corruption-agent-idUSKCN0YU275
Dollar at five-week low boosts commodities; stocks gain
http://www.reuters.com/article/us-global-markets-idUSKCN0YU03O