Trump advisors vow economic growth under Trump administration
http://www.reuters.com/article/us-usa-election-trump-economy-idUSKBN1342II
Trump Will Need to Leverage Power of U.S. Economy to Remake Global Trade @WSJ
WASHINGTON — President-elect Donald Trump’s plans to remake the global trading system depends on his ability to use the size and power of the U.S. economy to force other nations to make concessions. The New York businessman has many tools to reverse the post World War II consensus on liberalizing U.S. trade without needing congressional…
Ackman Vs. Icahn: Heavy Casualties On Both Sides
Bill Ackman and Carl Icahn’s 2016 just keeps getting worse, and it’s looking more and more like the two billionaires’ battle over controversial multi-level marketing (MLM) nutrition company Herbalife Ltd. (NYSE: HLF) may end up a war of attrition. Both investors have taken major body blows this week. Rough Week Hertz Global Holdings, Inc (NYSE:…
A couple more notes!
Steel stocks very strong…as a Trump presidency will stick middle finger at China and other steel cheaters. Financials strong…Dodd/Frank may be headed the way of the dodo bird. Caterpillar, Fluor and others on potential for construction. Be very careful. Some of these moves to the upside are outlier moves and will eventually normalize. This is…
The Closing Look
Stocks rallied on Tuesday as Americans cast their vote. The market opened a little lower after the latest round of earnings blowups were announced. $HTZ, $VRX, $CVS, $W, $DEPO, $TAST, and $DHI were some of the stocks that fell after reporting earnings. Buyers quickly showed up and sent stocks higher after early exit polls suggested…
See #Election2016 Results and Maps
http://www.bloomberg.com/graphics/2016-election-results/
Election notes
Since I had 15 minutes of sleep and since market all over the map overnight, will wait to give you bigger report on both markets and the election tonight. I also have to change my winners/losers report completely. On the open: Biotechs/drugs soaring as Trump and a Republican Congress essentially takes all the drug price scrutiny…
Trump Win Casts Doubt on Fed’s Plans to Hike Interest Rates @FoxBusiness
http://www.foxbusiness.com/markets/2016/11/09/trump-win-casts-doubt-on-feds-plans-to-hike-interest-rates.html
Wednesday Pre-Market Movers & Stocks In The News
TripAdvisor (TRIP) plunged over 12% before Wednesday’s open after it reported Q3 revenue of $421 million, below consensus of $436.6 million. SAExploration (SAEX) vaulted over 20% in extended hours trading after it announced a new project award for seismic data acquisition services valued at $35 million for a 3D deep water ocean-bottom marine project in…