IBM Revenue Falls for 15th Straight Quarter @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/19/ibm-revenue-falls-for-15th-straight-quarter.html
Twitter Goes Down for Some Users @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/19/twitter-goes-down-for-some-users.html
Investors target Viacom in suit on Redstone pay, call for change
http://www.reuters.com/article/viacom-redstone-lawsuit-idUSL2N1531R3
More Great News! Global unemployment rate to slip lower next year, ILO says
http://www.reuters.com/article/us-global-economy-employment-idUSKCN0UX2PD
Required Reading Of The Day
Americans missing in Baghdad kidnapped by Iran-backed militia Exclusive: Saudi Arabia warns against ‘nefarious activities’ by Iran Netflix adds more subscribers than expected; shares rise Former VP candidate Palin endorses Trump in 2016 White House race: NY Times Islamic State media outlet confirms death of ‘Jihadi John’: SITE
The Closing Look
Stock Market Commentary: Stocks ended mixed after trading between positive and negative territory on Tuesday as the S&P 500 retested Aug’s low. Oil negatively reversed and closed down on the day which is not ideal. Overnight, China said its GDP grew by 6.9% for 2015 which was the slowest pace since 1990! Additionally, China said Q4 2015…
BERNIE SANDERS ONLY WANTS $19 TRILLION IN TAX HIKES! WHAT’S WRONG WITH THAT?
SOURCE: http://www.washingtonexaminer.com/heres-a-list-of-bernie-sanders-19.6-trillion-in-tax-hikes/article/2580846?custom_click=rss
Glenn Frey and The Eagles
Source: https://www.youtube.com/watch?v=Hjqxo0MAIpo
Gary’s short notes on the market!
For the past week, we have been telling you that a good bounce was near. But last week, each bounce lasted a day before the nausea set in. This morning, the market now opens with another frenzy-ish gap again off of the 3 day weekend and the fake numbers coming out of China. (How can…