Caesars unit seeking $3.8 billion cash to exit bankruptcy
http://www.reuters.com/article/us-caesars-bankruptcy-idUSKBN12Y2BB
BoE ditches rate cut signal after Brexit hit to sterling
http://www.reuters.com/article/us-britain-boe-idUSKBN12Y1FJ
Abbott offers EU concessions over $25 billion St. Jude deal
http://www.reuters.com/article/us-st-jude-medical-m-a-abbott-eu-idUSKBN12Y26P
Saudi Aramco’s Chief Sees Oil Rebounding @FoxBusiness
http://www.foxbusiness.com/markets/2016/11/03/saudi-aramcos-chief-sees-oil-rebounding.html
Listen To Thursday’s Investor’s Edge Radio Show: 11/03/2016
Listen To Thursday’s Investor’s Edge Radio Show: 11/03/2016 Listen to the show by clicking here. https://archives.warpradio.com/btr/investorsedge/110318.mp3
The Closing Look
Stocks opened higher but quickly gave up the gains and spent most of the day near unchanged as sellers remained in control. Overnight, two major central banks moved away from an ultra-easy money stance. The Bank of England and China’s Central Bank both said they will not do more to stimulate markets right now. The…
BY FAR, OUR FAVORITE STORY OF THE DAY!
SOURCE: http://www.espn.com/mlb/story/_/id/17963668/keeping-promise-man-listens-chicago-cubs-win-dad-gravesite
Socialism – Not All That It’s Cut Out To Be…
http://www.bloomberg.com/news/articles/2016-11-02/venezuelan-credit-dashboard-default-risk-rises-even-with-swap?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social
NEW HIGHS VS NEW LOWS…NOT GOOD!
New yearly highs NYSE…15 New yearly lows NYSE…88 New yearly highs NASDAQ…27 New yearly lows…177 Yuck!