China Reserve-Ratio Cut Signals Growth Takes Priority Over Yuan
China Reserve-Ratio Cut Signals Growth Takes Priority Over Yuan
Pending Sales of U.S. Existing Homes Fall by Most in Two Years
http://www.bloomberg.com/news/articles/2016-02-29/pending-sales-of-u-s-existing-homes-fall-by-most-in-two-years
The Morning Look
Stock Market Overview: Futures are slightly higher ahead of Monday’s open. Stocks rallied sharply over the past three weeks and are now trading near important areas of resistance (the 50 DMA line). Gary’s Thoughts: Caerful! Google the words “eye of the hurricane!” Economic Data: Chicago PMI 9:45 AM ET Pending Home Sales Index 10:00 AM ET Dallas Fed Mfg…
Week Ahead: February Jobs Report @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/26/week-ahead-february-jobs-report.html
What’s at stake on Super Tuesday @FoxBusiness
https://video.foxbusiness.com/v/4777466294001/whats-at-stake-on-super-tuesday
After G20 stalemate, focus turns to signs of growth momentum
http://www.reuters.com/article/us-global-economy-weekahead-idUSKCN0W00KG
Buffett: US Economy Better Than Presidential Hopefuls Say @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/27/buffett-us-economy-better-than-presidential-hopefuls-say.html
Required Reading Of The Day
U.S. court test on abortion reflects success of strategy shift Exclusive: Democratic Party slams GOP candidates on climate change Rookie police officer killed on first day, two others shot in Virginia Iran’s pragmatic Rouhani cheers election wins, says government stronger Militants launch largest attacks in months on Baghdad outskirts
The assclowns are still running the show !
We are wearing a Dusty Rhodes tee shirt and black dockers on the red carpet tonight! We continue to be amazed by those on Wall Street that continue to say we need more stimulus. We continue to be amazed by those that say central banks have more they can do. Are these people just wishful…
The Closing Look
Stocks opened higher but ended mixed on Friday after the government said GDP rose 1%, beating estimates for a 0.4% gain. It was a volatile week on Wall Street but after all was said and done, stocks rallied nicely and are now trading near stubborn resistance (declining 50 DMA lines). The G-20 meeting of central…