Investor's Edge: 08/16/2016
Investor’s Edge: 08/16/2016
The Closing Look
On Monday, stocks rallied along side oil prices on hopes of a possible supply cut. On Monday, Russian Energy Minister Alexander Novak told a Saudi newspaper that his country was consulting with Saudi Arabia and other large oil producers to take measures to stabilize oil prices. In the U.S., the Empire State Manufacturing Survey fell to negative…
The Morning Look
Market Update: Stock futures are lower ahead of Tuesday’s open as the market pauses to digest the recent and strong post brexit rally. Gary’s Thoughts: Watch gold in here…6 weeks tight range above 50 day. A breakout will be just that. Oh my goodness, futures are down. Wesuggest we saw some froth past few days…a deserved…
Alphabet CEO Larry Page Needs Adult Supervision @FoxBusiness
http://www.foxbusiness.com/features/2016/08/15/alphabet-ceo-larry-page-needs-adult-supervision.html
Hillary & Bill Clinton’s Bottom Line Boosted by Big Business @FoxBusiness
http://www.foxbusiness.com/politics/2016/08/15/hillary-bill-clintons-bottom-line-boosted-by-big-business.html
IMF Wants Japan to Boost Wages Using Nixon Strategy in Reverse
http://www.bloomberg.com/news/articles/2016-08-14/imf-s-radical-wage-plan-for-japan-turns-nixon-policy-on-its-head
Dropbox Is in Talks With Advisers for Possible 2017 IPO
http://www.bloomberg.com/news/articles/2016-08-15/dropbox-said-to-discuss-possible-2017-ipo-in-talks-with-advisers
America’s Golf Courses Are Burning
http://www.bloomberg.com/news/features/2016-08-15/america-s-golf-courses-are-burning
NYSE sees double-digit Asian IPOs through 2017, with focus on tech
http://www.reuters.com/article/us-nyse-ipo-asia-idUSKCN10Q07Y