Toyota Adding 400 Indiana Jobs in $600 Million Answer to Trump
https://www.bloomberg.com/news/articles/2017-01-24/toyota-adding-400-indiana-jobs-in-600-million-answer-to-trump
Trump may have opened door to $17 billion worth of energy projects
http://www.cnbc.com/2017/01/24/trump-may-have-just-opened-door-to-17-billion-worth-of-energy-projects.html
Microsoft victory in overseas email seizure case is upheld
http://www.reuters.com/article/us-microsoft-usa-warrant-idUSKBN1581YQ
U.S. home sales drop as supply tumbles to 17-year low
http://www.reuters.com/article/us-usa-economy-housing-idUSKBN15820X
Wednesday’s Pre-Market Look: Stocks In The News Before The Open
Boeing (BA) climbed 1.5% in pre-market trading after it reported Q4 core EPS of $2.47, above consensus of $2.32. Seagate Technology PLC (STX) jumped 10% in after-hours trading after it reported Q2 adjusted EPS of $1.38, higher than consensus of $1.08, and said it sees fiscal 2017 EPS “at least” $4.50, above consensus of $3.77….
Canada says TPP trade deal dead without United States
http://www.reuters.com/article/us-usa-trump-trade-canada-idUSKBN1582P3
Alcoa revenue tops estimates, sees higher aluminum demand
http://www.reuters.com/article/us-alcoa-results-idUSKBN1582SI
Trump talks to U.S. automakers, pushes for new American plants
http://www.reuters.com/article/us-usa-trump-autos-idUSKBN1581CA
Required Reading
White House temporarily freezes EPA grants, contracts Canada oil pipeline spills 200,000 liters on aboriginal land Crews seek source of Saskatchewan oil spill White House says Trump stands by voter fraud belief, offers no evidence Trump signs executive orders on manufacturing, infrastructure Five teams vying for Google prize to land spacecraft on the moon S&P…
Tuesday’s Closing Look
Stocks rallied on Tuesday after the bulls showed up and defended major support (50 DMA line) in many important areas. The benchmark S&P 500 and Nasdaq Composite closed at fresh record highs while the Dow closed below 20,000. The financials, materials, energy transports and small caps were among key areas that surged off their respective…