Oil holds near annual peaks, awaiting OPEC cuts, supply data
http://www.reuters.com/article/us-global-oil-idUSKBN14H024
Pending home sales drop to 10-month low in November
http://www.reuters.com/article/us-usa-economy-idUSKBN14H16P
Required Reading
Kerry’s speech biased against Israel: Netanyahu Israel backs a building for settlers in East Jerusalem Full transcript of Kerry’s speech Trump to unveil ‘positive’ economic move for U.S. workers: spokesman Turkey and Russia have ceasefire plan for Syria, says Ankara CD&R clinches $6 billion for latest private equity fund: sources U.S. shale companies to boost…
The Closing Look
Stocks opened higher on Wednesday but turned lower before the Dow could reach 20,000. Economic data was light. Pending home sales slid -2.5%, missing estimates for a gain of +0.5%. In other news, GNC said it will close all 4,400 US stores today to overhaul its pricing system. Anthera Pharmaceuticals (ANTH) plunged -65% after the money-losing biotech…
The Six Stories That Defined Luxury in 2016
https://www.bloomberg.com/news/articles/2016-12-27/the-six-stories-that-defined-luxury-in-2016
Listen To Wednesday’s Investor’s Edge Radio Show: 12/28/2016
Listen To Wednesday’s Investor’s Edge Radio Show: 12/28/2016 Click Here: https://archives.warpradio.com/btr/investorsedge/122818.mp3
Ohio Governor Vetoes Bill to Extend Freeze on Renewable Energy
https://www.bloomberg.com/news/articles/2016-12-27/ohio-governor-vetoes-bill-to-extend-freeze-on-renewable-energy
Trump to unveil ‘positive’ economic move for U.S. workers: spokesman
http://www.reuters.com/article/us-usa-trump-economy-idUSKBN14H1B8
Chart Of The Day: Another Money Losing Biotech Gets Crushed
Anthera Pharmaceuticals (ANTH) plummeted -65% after it said its Phase 3 study of its Sulloura drug in cystic fibrosis patients with exocrine pancreatic insufficiency missed its primary endpoint.