Wall Street Faces Profit Recession as Earnings Season Begins @FoxBusiness
http://www.foxbusiness.com/industries/2016/01/11/wall-street-faces-profit-recession-as-earnings-season-begins/?intcmp=bigtopmarketfeaturesside
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