For the past week, we have been telling you that a good bounce was near. But last week, each bounce lasted a day before the nausea set in. This morning, the market now opens with another frenzy-ish gap again off of the 3 day weekend and the fake numbers coming out of China. (How can…
Stock Market Overview: U.S. stocks were closed on Monday in observance of the MLK holiday. Stock futures and oil are up nicely before Tuesday’s open. Overnight The People’s Bank of China set their currency (yuan) parity rate against the U.S. dollar to 6.5590. Since March 17, 2014, the yuan has been “allowed” to move 2% either…
http://www.foxbusiness.com/politics/2016/01/18/trump-taps-daughter-ivanka-for-new-radio-spot.html
http://www.foxbusiness.com/features/2016/01/18/adidas-names-next-ceo-as-sports-apparel-wars-heat-up.html
http://www.reuters.com/article/us-tennis-corruption-idUSKCN0UW00K
https://video.foxbusiness.com/v/4710200512001/will-millennials-vote-/?#sp=show-clips
http://www.reuters.com/article/us-opec-oil-idUSKCN0UW1LY
U.S. ‘stuck to its guns’ on Iran prisoner swap: freed detainee’s brother Asia stocks subdued after retreat in Europe, oil stays bearish U.S. sailors captured by Iran were held at gunpoint: U.S. military Burkina Faso’s long night of horror
Transports down 28% and back to where they were May of 2013. Russell 2000 22% and May 2013. NYSE 17% and April 2013. Mid caps 17% and August 2013. Emerging markets (EEM) 45-50-% and back to where it was in May of 09. Not a typo. S&P 12% and February 2014. Dow 13% and November 2013….
Investor's Edge: 01/18/2016Listen to today’s show by clicking here.
