Fed’s Evans favors ‘wait and see’ on more rate hikes
http://www.reuters.com/article/us-usa-fed-evans-idUSKCN0Y00ZP
The Morning Look
Stock Market Overview: Futures are higher ahead of Tuesday’s open as bulls try their best to defend the 50 DMA line. Gary’s Thoughts: Market (especially financials) in that area that needs to hold. Suspect it holds for now. Easy money continues! Economic Data: NFIB Small Business Optimism Index 6:00 AM ET Redbook 8:55 AM ET JOLTS 10:00 AM ET…
The Closing Look
Stocks ended mixed on Monday after a slew of commodity stocks fell hard as biotech and a few big cap tech stocks rallied. Elsewhere, gold and silver fell hard as the hot money moved out of commodities and into beaten down areas of the market like biotechs. China’s stocks fell after the country reported a…
SO THE DONALD MAY WANT TO HIKE TAXES!
“SO THE DONALD MAY WANT TO HIKE TAXES!” By Gary Kaltbaum May 9, 2016 So the Donald may want to hike taxes. So the Donald floats higher taxes for the “privileged few!” And just what party is the Donald in? Hey Donald, why? For what? You say you want to raise taxes? How about…
The Morning Look
Stock Market Overview: Futures are higher ahead of Monday’s open after the bulls showed up and defended the 50 DMA line on Friday. Gary’s Thoughts: Considering the Dax, not much higher…but things are not open yet. Economic Data: Charles Evans Speaks 5:10 AM ET Labor Market Conditions Index 10:00 AM ET TD Ameritrade IMX 12:30 PM ET Neel…
Obama’s War On Coal Weighs On The 2016 Race @FoxBusiness
Killed 29,700 Coal Jobs Killed 422 Coal Mines https://video.foxbusiness.com/v/4882056255001/coal-weighs-on-the-2016-race/?#sp=show-clips
IMAX CEO: Family Movies Soar to Success at the Box Office @FoxBusiness
http://www.foxbusiness.com/features/2016/05/06/imax-ceo-family-movies-soar-to-success-at-box-office.html
Rise of the Machines: The Big Three’s Tech Race @FoxBusiness
http://www.foxbusiness.com/features/2016/05/06/big-3-tech-race-gm-lyft-to-test-self-driving-taxis.html
If trend stands, consumer stocks to boost market
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN0XX289