The Closing Look
Stocks were relatively quiet on Wednesday as investors digested Tuesday’s large sell-off and the minutes of the Fed’s latest meeting. The minutes showed the Fed remains split and wants to wait for more data but is ready to raise rates ‘relatively soon.’ In economic news, mortgage applications slid -6% last week as mortgage rates continued…
The Morning Look
Market Update: Stock futures are lower ahead of Thursday’s open after China said exports plunged by 10% which bodes poorly for the global economy. Gary’s Thoughts: Futures smacked. Watch those support levels we gave out to you. Internals deteriorating. Not kidding. Fedheads again saying they are ready to hike…and I will dunk a basketball today. Economic…
One Measure of Investor Worry Just Hit Its Highest Level Ever
http://www.bloomberg.com/news/articles/2016-10-12/docile-vix-masks-surging-prices-for-stock-hedges-before-election
BMW’s New Motorcycle Concept Is So Smart You Won’t Need a Helmet
http://www.bloomberg.com/news/articles/2016-10-11/bmw-motorrad-vision-next-100
Elon Musk’s Wild Ride
https://www.bloomberg.com/features/2016-elon-musk-companies/
What’s at Stake This Earnings Season @FoxBusiness
https://video.foxbusiness.com/v/5166622107001/lackluster-earnings-season-/?#sp=show-clips
Does Your Company Offer an Unsick Day? @FoxBusiness
http://www.foxbusiness.com/features/2016/10/12/does-your-company-offer-unsick-day.html
Apple to set up R&D center in Shenzhen, bolster China ties
http://www.reuters.com/article/us-apple-shenzhen-idUSKCN12C0BZ