Weekend Notes!
None of our themes have changed. The breakout of the 18 month trading range in the Dow and S&P was nothing but bullish. We said that based on precedent. Whenever a couple of major indices break out of long ranges, it usually works for a while. But there was something else that was also very…
Kuroda Says BOJ to Add Stimulus If Needed, Cites Heli-Money Ban
http://www.bloomberg.com/news/articles/2016-07-23/kuroda-says-boj-to-add-stimulus-if-needed-cites-heli-money-ban
Silicon Valley leads avalanche of quarterly reports
LINK: http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN1022BE
G20 nations pledge to bolster defenses against Brexit headwinds
http://www.reuters.com/article/us-g20-china-idUSKCN103043
Markets notch record highs one month after Brexit @FoxBusiness
https://video.foxbusiness.com/v/5046825962001/markets-notch-record-highs-one-month-after-brexit/?#sp=show-clips
Rio Olympics Security Scrutinized After Terror Arrests @FoxBusiness
http://www.foxbusiness.com/features/2016/07/22/rio-olympics-security-scrutinized-after-terror-arrests.html
Magnum P.I.-Era Ferrraris Are Red-Hot on the Classic Car Market
http://www.bloomberg.com/news/articles/2016-07-22/magnum-p-i-era-ferrraris-are-red-hot-on-the-classic-car-market
Eyes on Fed, BOJ, Europe’s bank stress test
http://www.reuters.com/article/us-global-economy-weekahead-idUSKCN1021NH
Required Reading
Munich gunman raised locally, had no ties to Islamic state: police G20 nations pledge to bolster defenses against Brexit headwinds Heavy rain in China kills at least 87, thousands evacuated Suicide bombers at Kabul demonstration kill at least 29 Wildfire forces 300 homes to evacuate north of Los Angeles