Stocks rallied on Thursday after Trump promised a “big league” tax announcement. The market has been looking forward to hearing Trump’s tax plan because that is expected to be a big boost to the economy. Economic data was quiet. Weekly jobless claims slid by 12,000 to 234,000, which was lower than the Street’s estimate for 250,000. Separately,…
https://www.bloomberg.com/news/articles/2017-02-08/investigators-said-to-probe-plane-too-close-to-air-force-one
https://www.bloomberg.com/politics/articles/2017-02-08/brexit-bill-passed-by-lower-house-of-parliament-heads-to-lords
http://www.foxbusiness.com/politics/2017/02/08/national-sheriffs-association-president-give-trump-benefit-doubt.html
http://www.foxbusiness.com/politics/2017/02/08/dr-alveda-king-sen-warren-used-king-name-to-stir-up-emotions.html
http://www.reuters.com/video/2017/02/08/intel-to-invest-7-billion-in-az-factory?videoId=371084567&videoChannel=5
http://www.reuters.com/article/us-indonesia-freeport-idUSKBN15N17R
Stocks closed mixed on Wednesday as metals rallied. Investors are looking forward to Trump’s pro-growth policies such as cutting taxes, deregulation and government spending…but nothing happening just yet. Gary’s Thoughts: Short and succinct: The S&P 500 hasn’t had a 1% intraday move since Dec 14…the longest period of intraday nothingness in history. Major indices in…
Paycom Software (PAYC) rallied 10% in after-hours trading after it reported Q4 adjusted EPS of 18 cents, higher than consensus of 13 cents, and then said it sees Q1 revenue of $114.5 million-$116.5 million, above consensus of $113.8 million. Twitter (TWTR) tumbled 9% in pre-market trading after it reported Q4 revenue of $717 million, below…
What happened to OPEC cutting supply? http://www.reuters.com/article/us-global-oil-idUSKBN15N04P
