WE ARE ALWAYS LOOKING FOR REASONS TO BE BULLISH!
This may sound crazy but we are always looking for a reason to be bullish. Our bullish or bearish stance comes from reading the tape, its patterns, its fear and greed. We are always looking for changes. We are looking for when the worst areas bottom and the best areas to top. But we need…
The Morning Look
Stock Market Overview: As of this writing (6:25am), U.S. stock futures are up nicely for the 3rd day in a row. Stocks are closing early on Thursday (1pm EST) and will be closed on Friday for Christmas. On the earnings front, Nike ($NKE) reported numbers after Tuesday’s close and is up about 3% in the pre…
@FoxBusiness to Host Additional GOP Presidential Primary Debate Jan 14
http://www.foxbusiness.com/industries/2015/12/08/fox-business-network-to-host-additional-gop-presidential-primary-debate/?intcmp=marketfeatures
Consumers vs Retailers: Who Wins the Holiday Rush? @FoxBusiness
https://video.foxbusiness.com/v/4671734210001/consumers-vs-retailers-who-wins-the-holiday-rush-/?intcmp=bigtopmarketfeaturesside#sp=show-clips
Amazon’s Amazing Year, From Worst to First @FoxBusiness
http://www.foxbusiness.com/2015/12/16/amazon-amazing-year-from-worst-to-first/?intcmp=marketfeatures
Pension risks point to higher 2016 borrowing costs for some U.S. cities
http://www.reuters.com/article/us-usa-cities-borrowing-idUSKBN0U526D20151222
U.S. existing home sales plunge; new rules seen as drag
http://www.reuters.com/article/us-usa-economy-housing-idUSKBN0U51QH20151222
Required Reading Of The Day
Smugglers reap $1 billion windfall from refugee crisis Identities revealed for all six U.S. troops killed in Afghanistan attack Texas grand jury issues no indictments in case of woman found dead in jail Man who lent gun to Boston Marathon bombers to be freed Consumer, business spending support U.S. third-quarter growth Killer whale dies at…
The Closing Look
Stock Market Commentary: Stocks ended higher on Tuesday after the government said Q3 GDP rose by 2%, topping estimates for 1.9%. In other economic news, the National Association of Realtors said existing home sales plunged -10.5% in November to an annualized rate of 4.760 million. This greatly missed the Street’s estimate for 5.32 million. Elsewhere, energy…