Chart Of The Day: The Dollar Still Sinks… Gold Still Rallies
The US Dollar: $UUP Gold: $GLD No position
Central banks never stop!
“CENTRAL BANKS NEVER STOP!” February 4,2016 By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor We were thrilled when we heard there were no central bank meetings in February. We want these people to go away for an extended vacation. We actually emailed the Fed with the suggestion of only 4 Fed meetings each year….
The Morning Look
Stock Market Overview: Stock futures are down before Thursday’s open. After falling over 11% on Monday and Tuesday Oil prices soared over 8% on Wednesday as the US dollar experienced a huge single day decline. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep…
The U.S. Power Grid is ‘Vulnerable,’ Don’t Panic Just Yet @FoxBusiness
http://www.foxbusiness.com/features/2016/02/02/u-s-power-grid-is-vulnerable-but-dont-panic-just-yet.html
What to Expect From Super Bowl 50’s Ads @FoxBusiness
http://www.foxbusiness.com/features/2016/02/03/what-to-expect-from-super-bowl-50s-ads.html
Global business activity starts 2016 on weak note
http://www.reuters.com/article/us-global-economy-idUSKCN0VC2AH
Ex-drug executive Shkreli has $40 million trading loss: U.S.
http://www.reuters.com/article/us-usa-crime-shkreli-idUSKCN0VC243
Required Reading Of The Day
Bomb likely caused Somalia plane blast, say U.S. government sources U.N. halts Syria talks as government closes in on Aleppo Santorum to pull out of Republican White House race: CNN Merck gives cautious 2016 outlook as sales of top drugs lag
Investor’s Edge: 02/03/2016
Investor's Edge: 02/03/2016Listen to today’s show by clicking here.