AT&T says has edge over Verizon in 5G thanks to DIRECTV lines
http://www.reuters.com/article/telecoms-mobileworld-att-idUSL8N1613H1
OPEC Sec-Gen Says Further Action Could Follow Output ‘Freeze’ Deal @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/22/opec-sec-gen-says-further-action-could-follow-output-freeze-deal.html
Eli Lilly CEO: Drugs have been 10% of total health care costs since the 60’s @FoxBusiness
https://video.foxbusiness.com/v/4767303154001/eli-lilly-ceo-drugs-have-been-10-of-total-health-care-costs-since-the-60s/?#sp=show-clips
Bank of America proposes 3% down mortgages @FoxBusiness
https://video.foxbusiness.com/v/4767803985001/bank-america-proposes-3-37-down-mortgages#sp=show-clips
Required Reading Of The Day
Wall St. lifted by muscular oil rally but some still wary Honeywell, United Technologies held merger talks Islamic State rigs currency rates in Mosul to prop up finances Bail denied for Michigan Uber driver charged with killing six As pound plunges, UK’s Cameron defends EU deal to avert ‘Brexit’
The Closing Look
Stocks rallied on on Monday as the market added to last week’s gain. The Dow Jones Industrial Average traded above the middle of it’s double bottom pattern and the next level of resistance to watch is the declining 50 day moving average line (16,654). European and Asian equity markets also rallied on Monday after oil…
WE COULD HAVE POLLED BETTER WITH $130 MILLION!
SOURCE: http://www.nytimes.com/2016/02/23/us/politics/jeb-bush-campaign.html?_r=0
Short note on another gap to the upside!
Another gap to the upside this morning and lots of questions. Let us repeat our thoughts. We are now in rally mode of unknown price and time. We came to this conclusion because of the “sold out” action we again saw on Feb 11-12. We have seen these rallies before. All have failed miserably. Will this…
Week Ahead: 4Q GDP and Housing Data @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/19/week-ahead-4q-gdp-and-housing-data.html