Investors Are Thinking About What Could Actually Go Right in 2017
https://www.bloomberg.com/news/articles/2016-12-20/irrational-despondency-now-pass-as-world-economy-risks-tilt-up
POLITICAL LIARS OR JUST DOLTS
“Political Liars Or Just Dolts!” By Gary Kaltbaum-December 21,2016 Jack Lew…treasury secretary says what? In an interview with Maria Bartiromo on Fox Business Network, Jack Lew…treasury secretary says “The idea that you cut regulations and you unleash enormous growth in the economy…I don’t think it’s supported by the analysis that I’ve seen of most of the regulatory…
FBI’s Request for Clinton E-Mails Is Released by U.S. Judge
https://www.bloomberg.com/news/articles/2016-12-20/judge-releases-warrant-application-in-clinton-e-mail-probe
The Closing Look
Stocks rallied on Wednesday, helping the Dow Jones Industrial Average come within striking distance of 20,000. Once again, Financials, Industrials and transportation stocks led the way higher and have largely been the primary beneficiaries of the post election rally. FedEx (FDX) and Nike (NKE) are both schedule to report earnings after the bell. Gary’s Thoughts:…
The media…YUMMY!
SOURCE: https://news.grabien.com/story-montage-medias-10-most-mortifying-moments-2016
Wednesday’s Pre-Market Look: Stocks In The News Before The Open
Amgen (AMGN)— Amgen raised its quarterly dividend by 15 percent to $1.15 per share. The biotech company’s dividend will be paid on March 8 to shareholders of record as of Feb. 15. Twitter (TWTR) — Twitter’s Chief Technology Officer Adam Messinger is leaving the company after five years. The former Oracle vice president had served…
Biogen’s a Tough Gig for Any CEO
https://www.bloomberg.com/gadfly/articles/2016-12-20/biogen-s-new-ceo-has-a-tough-task
The Morning Look
Market Update: Stock futures are flat before Wednesday’s open as the Dow closed just below 20k yesterday. Gary’s Thoughts: Up a smidge…very close. 20,000…yippee. Economic Calendar: Bank Reserve Settlement MBA Mortgage Applications 7:00 AM ET Existing Home Sales 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET Highlights: VW Reaches Deal for Emissions-Cheating Audi,…
Careful What You Wish For, Praxair
https://www.bloomberg.com/gadfly/articles/2016-12-20/praxair-gives-away-too-much-in-deal-with-linde