U.S. Budget Deficit Little Changed in July @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/10/u-s-budget-deficit-little-changed-in-july.html
VC Funding Is Drying Up for Media Startups
https://www.bloomberg.com/news/articles/2016-08-10/vc-funding-is-drying-up-for-media-startups
This Presidential Candidate is Coming to a Billboard Near You @FoxBusiness
http://www.foxbusiness.com/politics/2016/08/10/this-presidential-candidate-is-coming-to-billboard-near.html
How Low Can You Go, Oil? @FoxBusiness
https://video.foxbusiness.com/v/5078483291001/how-low-can-go-oil
Perrigo Has a Warning for Valeant
https://www.bloomberg.com/gadfly/articles/2016-08-10/perrigo-earnings-a-warning-for-valeant
The Closing Look
Stocks fell on Wednesday which is perfectly normal after such a strong rally. Oil prices fell which dragged a slew of energy stocks lower. Before the open, Michael Kors ($KORS) reported earnings and beat expectations on both the top line and bottom line but the stock fell 3% on future guidance. Separately, Ralph Lauren ($RL) gapped up after the…
The Morning Look
Market Update: Stock futures are quiet to a little higher ahead of Wednesday’s open as the market digests the recent and strong post brexit rally. Gary’s Thoughts: Quiet is good Economic Data: MBA Mortgage Applications 7:00 AM ET JOLTS 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET 10-Yr Note Auction 1:00 PM ET Treasury Budget 2:00 PM ET Highlights:…
Whose Economic Agenda Is Closer to Reagan’s? @FoxBusiness
https://video.foxbusiness.com/v/5077191035001/whose-economic-agenda-is-closer-to-reagans/?#sp=show-clips