Chart of The Day: Only 20% Of Stocks In The S&P 500 Are Above Their 50 DMA Lines
*As of Friday’s 8.28.15’s Close
As usual, no one goes to jail at the big Wall Street Firms!
SOURCE: http://www.nytimes.com/2015/08/30/business/sec-settlement-with-citigroup-holds-no-one-responsible.html?smprod=nytcore-ipad&smid=nytcore-ipad-share
BEWARE! THIS AIN’T OUT OF THE WOODS YET!
By Gary Kaltbaum @GaryKaltbaum GaryK.com Fox News Business Contributor A few thoughts in and out of the market: The Mets are 5.5 games ahead with just 32 games left to play. We can finally watch baseball into the end of the season. The national media has been mostly silent on this but insurers just won huge…
IMF’s Lagarde says restructuring should suffice for Greek debt
http://www.reuters.com/article/2015/08/29/us-eurozone-greece-lagarde-idUSKCN0QY0AJ20150829
China to cap 2015 local government debt at $2.5 trillion: Xinhua
http://www.reuters.com/article/2015/08/29/us-china-economy-debt-idUSKCN0QY0BY20150829
George Soros invests millions in two coal companies @FoxBusiness
Watch the latest video at video.foxbusiness.comhttps://video.foxbusiness.com/v/4432976634001/george-soros-invests-millions-in-two-coal-companies/?intcmp=obnetwork#sp=show-clips
After A Wild Week – What’s On Tap For Wall Street @FoxBusiness
https://video.foxbusiness.com/v/4449307838001/whats-next-for-the-markets-/?intcmp=bigtopmarketfeaturesside#sp=show-clips
Required Reading Of The Day
The Wild Week that Was on Wall Street Lockhart: Still Significant Slack in the Labor Market All Eyes on August Jobs, Fed Speak Next Week Leaked Documents Show Uber’s Cost Structure Crude Prices Jump on Gas Price Rally
Good and Bad For The Week
Good: The market is closed Bad: The market is trading all over the map The market is trading all over the map The market is trading all over the map The market is trading all over the map The market is trading all over the map