Fed seen holding rates steady as inflation watch continues
http://www.reuters.com/article/us-usa-fed-idUSKCN1060D5
Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls
http://www.reuters.com/article/us-hyundai-motor-elantra-idUSKCN1062CM?il=0
The Morning Look
Market Update: Stock futures are a little higher ahead of Wednesday’s open as investors wait for the Fed and the latest round of economic and earnings data to be released. Gary’s Thoughts: But NDX futures up nicely off of crappy Apple numbers…but they said things will get better. Apple up $7…which helps Dow and NDX…with…
Insider alert on Netflix
Netflix Director Jay Hoag bought 600K shares worth $51.9 mln disclosed last night, purchases made 7/21-7/25 at average price of $87.66. Remember, just because insiders buy, does not mean the stock has to cooperate. We are just always interested when we see sizable purchases. Positions-NONE!
The Morning Look
Market Update: Stock futures are a relatively quiet ahead of Tuesday’s open as investors wait for another busy week of earnings and economic data. A slew of companies are reporting earnings this week, the Bank of Japan and the U.S. Fed are both meeting. Then, GDP will be released on Friday. Most importantly, the market is…
The Closing Look
Stocks fell on Monday led lower by falling energy prices. Over the weekend, the G20 said it will use ‘all policy tools’ to lift growth after the Brexit vote. Later this week, The Bank of Japan (BOJ) and The U.S. Federal Reserve are slated to meet and a slew of earnings will be announced. Central banks…
The Impact of the DNC Chair Stepping Down @FoxBusiness
https://video.foxbusiness.com/v/5049257803001/the-impact-of-dnc-chair-stepping-down/?#sp=show-clips
Has Wall Street Been Tamed?
http://www.bloomberg.com/news/features/2016-07-25/has-wall-street-been-tamed
Credit Suisse Sees Rays of Earnings Light in S&P 500 Forecasts
http://www.bloomberg.com/news/articles/2016-07-25/credit-suisse-sees-rays-of-earnings-light-in-s-p-500-forecasts