FOMC Minutes: Inflation Path Remains A Wild Card @FoxBusiness
http://www.foxbusiness.com/economy-policy/2016/01/06/fomc-minutes/?intcmp=bigtopmarketfeatures
Gasoline Plunges 8% and Crude Oil Dives over 5% on Wed @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/06/oil-hits-fresh-11-year-low-as-odds-opec-cuts-slide/?intcmp=bigtopmarketfeatures
Service Sector Grows Slower Than Expected @FoxBusiness
http://www.foxbusiness.com/economy-policy/2016/01/06/us-service-sector-grows-slower-than-expected-in-december/?intcmp=marketfeatures
Chipotle Hits Fresh 52-Week Low on Subpoena, Guidance @FoxBusiness
http://www.foxbusiness.com/industries/2016/01/06/chipotle-served-with-federal-grand-jury-subpoena/?intcmp=bigtopmarketfeaturesside
U.S. factory orders, inventories fall in November
http://www.reuters.com/article/us-usa-economy-factory-idUSKBN0UK1UM20160106
Required Reading Of The Day
U.S. has determined North Koreans conducted some kind of nuclear test: White House Netflix to stream in almost all countries, skips China Crude oil slides by five percent as gasoline spike paints bleak outlook Chinese stocks: canary or elephant for world markets this year? ISIS threatens to destroy Saudi prisons
The Closing Look
Stock Market Commentary: Stocks fell hard on Wednesday after oil slid to an 11-year low, gasoline futures plunged over 8% and the White House confirmed N. Korea most likely tested a Nuclear bomb. Economic data was mixed to mostly weaker than expected which echoes what Gar has been telling you for months – the market’s…
A few early morning notes!
By Gary Kaltbaum January 6, 2015 It is not even 10 am and we are already receiving a bunch of emails asking us if this early action tells us we will stabalize soon. Really? It’s not even 10 am. This is why we use the terms “trees” and “forests.” The trees are the short term…
IT’S A FREAKING BEAR MARKET
“IT’S A FREAKING BEAR MARKET!” January 6,2015 By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor It’s a freaking bear market. Get used to it. In bear markets, surprises happen to the downside. In bear markets, bad news is no longer ignored. We have told you on radio, on tv and right here in recent…
The Morning Look
Stock Market Overview: U.S. stock futures are down sharply (Dow futures are down over 250 points as of this writing) on Wednesday after oil plunged to an 11-year low and rumors spread that N. Korea conducted a nuclear test overnight. There’s a slew of economic data (below) being released today culminating with the Fed minutes being…