ECB’s Draghi signals end to rate cuts, overshadows stimulus
http://www.reuters.com/article/us-ecb-policy-idUSKCN0WC0YI
Required Reading Of The Day
Islamic State defector brings ‘goldmine’ of details on 22,000 supporters U.S. strikes Islamic State chemical weapons capabilities: Pentagon Revolutionary Guards commander says Iran’s missile work will not stop: state TV North Korea fires missiles, to ‘liquidate’ South Korean assets
The Closing Look
It was a wild day in markets across the globe. Stocks opened higher but closed lower on Thursday in a classic case of buy the rumor and sell the news. Before Thursday’s open, the European Central Bank (ECB) fired another shot from their easy money bazooka. The ECB cut their benchmark interest rate to 0%…
Charts Of The Day… And You May Want To Watch This…
You May Want To Watch This…
Investor’s Edge: 03/09/2016
Investor’s Edge: 03/09/2016 Listen to today’s show by clicking here
The Morning Look
Stock Market Overview: Futures are up strong as the ECB throws in the kitchen sink, the drapes, the furniture, the pool, the acreage and everything else under the sun. Gary’s Thoughts: This news is coming from a very overbought condition but that doesn’t matter. $1 trillion goes a long way. Keep in mind, this is…
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