Dollar falls against euro, commodity currencies on risk appetite
http://www.reuters.com/article/us-global-forex-idUSKCN0XG02I
U.S. housing data adds to signs of weak first-quarter GDP growth
http://www.reuters.com/article/us-usa-housing-idUSKCN0XG1KB
Required Reading Of The Day
Hopes fade of finding survivors from Ecuador quake as death toll reaches 443 Aylwin, who led Chile’s transition after Pinochet, dies at 97 Apple refused China request for source code in last two years: lawyer U.S., Iran diplomats meet at U.N. on sanctions, Syria Undelivered Airbus jets jam parking spaces, hurt cash flow Trump looks…
The Closing Look
On Tuesday, the market opened higher but sold off shortly after the open as a lot of money piled into commodity stocks as the US dollar fell. Crude oil broke out of its latest base and hit a fresh multi-month high. Silver soared over 4% and also vaulted to a fresh multi-month high. Netflix (NFLX),…
The Morning Look
Stock Market Overview: Futures are relatively quiet ahead of Wednesday’s open as investors digest the latest round of earnings data. Gary’s Thoughts: We love quiet. Quiet is easier to measure than violent. Would love some quiet for a few days but doubt it. Mucho earnings to come out this week…so stay tuned. And we hear the…
Obamacare kicking ass!
SOURCE: http://hosted.ap.org/dynamic/stories/U/US_UNITEDHEALTH_ACA_EXCHANGES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-04-19-09-14-34
STILL NO ISSUES
“STILL NO ISSUES!” Gary Kaltbaum April 19,2016 We continue to be asked how can markets go up with earnings and sales going down. We repeat: Since the lows, Europe has increased and extended the printing of money to 1 trillion/year. They have also stated they have more they can do…and are now buying up markets. Japan…
For Some States, UnitedHealth Exit from Obamacare Would Hurt
http://www.bloomberg.com/news/articles/2016-04-18/for-some-states-unitedhealth-exit-from-obamacare-would-hurt
An Uber Alternative for Women Only @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/18/uber-alternative-for-women-only.html