Ken Langone: Fed Lacks Backbone
http://www.bloomberg.com/news/videos/2015-10-13/why-fed-lacks-backbone-risks-unnatural-consequences
Ron Darling on Utley’s Slide, 2B Rules @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/13/ron-darling-utley-slide-egregious-but-new-rules-create-more-problems/?intcmp=bigtopmarketfeaturesside
Barclays’s CEO Choice Means Pause to Shrinking Investment Bank
http://www.bloomberg.com/news/articles/2015-10-13/barclays-s-ceo-choice-means-pause-to-shrinking-investment-bank
The 19-Hour Flight Is Coming Back
http://www.bloomberg.com/news/articles/2015-10-13/singapore-airlines-to-resume-world-s-longest-flights-in-2018
Required Reading Of The Day
Frustrated with U.S., Iraq turns to Russia and Iran White House says Iran’s missile test may have violated U.N. resolution Saudi wants Assad out – still Chinese chase new luxury labels abroad
Chart Of The Day: Traditional TV Continues To Head South
http://blogs.wsj.com/cmo/2015/07/24/this-chart-shows-why-comcast-would-be-interested-in-vice-media-and-buzzfeed/
This would make one heckuva movie! Oh! It already was a movie!
SOURCE: http://www.dailymail.co.uk/news/article-3270269/The-picture-proves-two-inmates-DID-escape-Alcatraz-Notorious-escapees-didn-t-drown-body-surfed-passenger-ferry-freedom-started-farm-Brazil-claims-family.html
Still overbought near term.
First off: Auto parts retail Airlines Internet travel Defense Tobacco Alcoholic beverages Food Gas Utilities Cruise lines That’s basically the relative strength as we head into earning’s season. Most of these areas were the relative strength before the August trashing and right now, they are back where they were. There is nothing really breaking out…
A Sickening Increase in Medicare Premiums @FoxBusiness
http://www.foxbusiness.com/personal-finance/2015/10/09/sickening-increase-in-medicare-premiums/?intcmp=ob_homepage_features&intcmp=obnetwork
U.S. hedge funds’ favorite stocks lose more than rivals: data
http://www.reuters.com/article/2015/10/12/us-hedgefunds-stocks-favorites-idUSKCN0S625W20151012