Audi Unveils Hydrogen-Powered Car @FoxBusiness
https://video.foxbusiness.com/v/4698451419001/audi-unveils-hydrogen-powered-car/?intcmp=marketfeatures#sp=show-clips
Under Armour Bets Big On Wearable Tech @FoxBusiness
http://www.foxbusiness.com/industries/2016/01/11/under-armour-bets-big-on-wearable-tech/?intcmp=bigtopmarketfeaturesside
High-tech and cheap vehicles
http://www.reuters.com/article/us-autoshow-detroit-innovation-idUSKCN0UP1R620160111
Graphic: Bowie in the charts
http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=2016-01-11T044854Z_GFXEC1B1API6H_1_RTRGFXG_BASEIMAGE.jpg
Required Reading Of The Day
Drugmaker Shire buys Baxalta for $32 billion after six-month pursuit Obama met with Democratic presidential candidate Sanders: White House VW may buy back some cars in emissions scandal: CEO ‘El Chapo’ fled via tunnel behind mirror
The Closing Look
Stock Market Commentary: Stocks traded all over the map on Monday. Overnight, Chinese stocks plunged another 5% which was not idea. US stocks opened higher but quickly turned negative after new sellers showed up and distributed stock. Towards the close, a big rip enabled the Dow to finish positive but the Nasdaq still finished down….
Chart of The Day: Markets All Over The Map
Our chart of the day is the intra-day day chart of the major indices. We will not post it because it looks like you put a crayon in a three year old’s hand and had him scribble all over the place.
BOWIE!
SOURCE: https://www.youtube.com/watch?v=s_aDSyi5vBI
HEY FEDHEAD LOCKHART…DO YOU WANT TO MAKE A BET ON THIS?
SOURCE: http://www.marketwatch.com/story/feds-lockhart-nothing-fundamentally-wrong-with-broad-us-economy-despite-bearish-stock-market-2016-01-11?mod=mw_share_twitter
The Morning Look
Stock Market Overview: U.S. stock futures are up on Monday as investors digest last week’s historic sell-off. The market is deeply oversold and way overdue to bounce at some point. Gary has expressed caution and has been telling you about how the market has been getting weaker not stronger over much of 2015. Gary’s Thoughts: Our measures of overbought/oversold…