President Trump Will Be Able to Recast the Fed by Filling Vacancies @FoxBusiness
http://www.foxbusiness.com/markets/2017/02/20/president-trump-will-be-able-to-recast-fed-by-filling-vacancies.html
U.S. Tops Russia, China in Arms Sales @FoxBusiness
http://www.foxbusiness.com/markets/2017/02/20/u-s-tops-russia-china-in-arms-sales.html
Obamacare possible repeal may birth a new retirement account
http://www.cnbc.com/2017/02/18/obamacare-repeal-may-birth-a-new-retirement-account.html
Verizon, Yahoo agree to cut deal price by as much as $350 million – @WSJ
http://www.reuters.com/article/us-yahoo-m-a-verizon-idUSKBN1601EK?il=0
Tuesday’s Pre-Market Look: Stocks In The News Before The Open
Wal-Mart (WMT) rose 2% in pre-market trading after it reported Q4 adjusted EPS of $1.30, above consensus of $1.29, as it said Q4 comparable sales were up +1.8%, higher than consensus of up +1.3%. Home Depot (HD) is up 2% in the premarket after reporting earnings. Colgate-Palmolive (CL) was upgraded to ‘Outperform’ from ‘Neutral at…
After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia
http://www.reuters.com/article/us-china-oil-usa-idUSKBN15Z0RS
UK government has no intention of revoking Article 50: PM May’s spokesman
http://www.reuters.com/article/us-britain-eu-article-idUSKBN15Z16X
Required Reading
Russia’s U.N. envoy dies suddenly in New York Russia’s Putin deeply upset by death of U.N. envoy Churkin: agencies cite Kremlin U.N. shocked by Russian envoy’s death: TASS Trump’s defense chief: ‘We’re not in Iraq to seize anybody’s oil’ Trump weighs security adviser options; Pence ‘disappointed’ by Flynn Washington prepares to bring North Koreans to…
Socialism really kicking ass in Venezuela!
SOURCE: https://www.foxnews.com/world/2017/02/20/study-venezuelans-lost-19-lb-on-average-over-past-year-due-to-lack-food.html
WEEKEND NOTES
“STILL…HARDLY ANY COMPLAINTS!” By Gary Kaltbaum- February 20, 2017 There continues to be very little to complain about. Major indices continue their upward trajectory with nary a pullback. In fact, since the election, we have not seen a correction of even 2%. This in itself is amazing. Normally, there is an ebb and flow in where markets…