Oversold gets bought!
The near-term oversold condition we wrote about yesterday has started to play itself out as just about everything rallies up after last week’s yonking. The good news is that into the holiday season, there is a chance a higher low gets put in. The bad news is that there remains the clear lack of leadership…
Gingrich Fears Terrorists Will Take Out a City with Nukes @FoxBusiness
http://www.foxbusiness.com/business-leaders/2015/11/16/newt-gingrich-fears-terrorists-will-take-out-city-with-nukes/?intcmp=marketfeatures
ECB’s Constancio warns of fallout from Paris attacks
http://www.reuters.com/finance/markets#UfWGY4OoLgVgSTkw.99
France: U.S., Russia must join forces
http://www.reuters.com/#SMhJlmzkt2Er4Ar4.97
Anonymous declares ‘war’ on ISIS, vows cyberattacks @FoxNews
https://www.foxnews.com/tech/2015/11/16/anonymous-declares-war-on-isis-vows-cyberattacks.html?intcmp=hpbt1
Paris’ Temporary Effect on the World Economy @FoxBusiness
http://www.foxbusiness.com/markets/2015/11/16/paris-terror-economic-impact-seen-as-temporary/?intcmp=bigtopmarketfeaturesside
JOYSTICK JIHADISTS? Sony Playstation 4 could be tool for terror chatter @FoxNews
https://www.foxnews.com/tech/2015/11/16/joystick-jihad-sonys-playstation-4-could-be-terrorists-communication-tool-experts-warn.html?intcmp=hpbt1
Required Reading Of The Day
On heels of attacks, ISIS ‘contained’ remark — Obama stays the course Sen. Lankford: Yet to hear White House strategy for ISIS PREPARE YOURSELVES’: Anonymous declares ‘war’ on ISIS, vows cyberattacks STRIKING BACK: Dozens of ISIS-linked fighters killed in Sinai Peninsula, report claims KURTZ: Media finally gets tough on Obama, but for how long?
Chart Of The Day & The Biotech Bubble Continues Its Popping!
“MORE “NO SALES” BIOTECH CARNAGE” By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor We have written to you on several occasions about the impending disaster in the biotech space. It was a simple thought process. The wonderful human beings at the investment banks had done it again. Back in 99, they brought anything public…