Study: 92% of Teens Want to Own a Car @FoxBusiness
http://www.foxbusiness.com/features/2016/03/15/study-92-teens-want-to-own-car.html
Kim Jong Un says will soon test nuclear warhead
http://www.reuters.com/article/us-northkorea-nuclear-idUSKCN0WG2IQ
The Closing Look
Stocks were relatively quiet on Tuesday after the Bank of Japan did nothing at their latest meeting but did say they are ready to add more stimulus if needed. In the U.S., the producer price index fell -0.2%, matching estimates for -0.2%. Meanwhile, retail sales slid by -0.1%, also matching estimates. The Empire State Manufacturing report…
Chart Of The Day: Worse Gets Worser For Valeant $VRX
Read GaryK’s Anatomy of a Top For $VRX written in Oct 2015! https://garykaltbaum.com/anatomy-top-valeant-pharmaceuticals-vrx/
A SHORT NOTE ON BIOTECH
Biotech continues to lag this recent rally and badly. We noted this in the past week. We are not sure if it is meaningful to the markets but to quote ourselves from yesterday’s radio show: “If they cannot rally while the market is going up, then when the market goes down, they will lead down!”…
The Closing Look
Stocks were mixed to mostly higher on Monday as the market continues to grind higher ahead of Wednesday’s Fed meeting. Overnight, China said industrial output was the weakest since 2009, but the Shanghai index still rallied close to 2%. The rally in Chinese stocks came after the new head securities regulator made it clear that he…
The Morning Look
Stock Market Overview: Futures are lower ahead of Tuesday’s open as markets digest the Bank of Japan (BOJ) decision to keep monetary policy unchanged and wait for the Fed to conclude its latest meeting on Wednesday. Gary’s Thoughts: We came into the week thinking commodities could pull back and things need to slow down as we are…
Our comments on potential subprime auto problems!
SOURCE: http://www.foxbusiness.com/markets/2016/03/14/next-subprime-crisis-could-be-in-autos.html
Listen To Monday’s Investor’s Edge Radio Show: Stoolander Edition 03/14/2016
Highlights: We (The People) are the driving force behind the economy, not Washington D.C. Gary Breaks Down The Latest That’s Happening On The Political Scene For You Market Wrap – Gary Tells You What Areas Have Rallied Over The Past Few Weeks Find out what Gary Reads