U.S. jobless claims at 43-year low; import price deflation easing
http://www.reuters.com/article/us-usa-economy-jobless-idUSKCN12D1KL
The Morning Look
Market Update: Stock futures are higher ahead of Friday’s as investors digest a volatile week and wait for three Fed heads, including Janet Yellen, to speak later today. Gary’s Thoughts: Failed breakout to upside and possibly a failed breakdown to the downside yesterday…which means major indices remain in range. We will know a lot more after…
Listen To Thursday’s Investor’s Edge Radio Show: 10/13/2016
Note: Thursday’s show begins at the 16 minute mark. The first segment of the Thursday’s show was not recorded. Listen To Thursday’s Investor’s Edge Radio Show: 10/13/2016 Listen to today’s show by clicking here.
The Closing Look
Stocks were relatively quiet on Wednesday as investors digested Tuesday’s large sell-off and the minutes of the Fed’s latest meeting. The minutes showed the Fed remains split and wants to wait for more data but is ready to raise rates ‘relatively soon.’ In economic news, mortgage applications slid -6% last week as mortgage rates continued…
The Morning Look
Market Update: Stock futures are lower ahead of Thursday’s open after China said exports plunged by 10% which bodes poorly for the global economy. Gary’s Thoughts: Futures smacked. Watch those support levels we gave out to you. Internals deteriorating. Not kidding. Fedheads again saying they are ready to hike…and I will dunk a basketball today. Economic…
One Measure of Investor Worry Just Hit Its Highest Level Ever
http://www.bloomberg.com/news/articles/2016-10-12/docile-vix-masks-surging-prices-for-stock-hedges-before-election
BMW’s New Motorcycle Concept Is So Smart You Won’t Need a Helmet
http://www.bloomberg.com/news/articles/2016-10-11/bmw-motorrad-vision-next-100
Elon Musk’s Wild Ride
https://www.bloomberg.com/features/2016-elon-musk-companies/