FBI, Israel Securities Fraud Arrests Tied to JPMorgan Hack
http://www.bloomberg.com/news/articles/2015-07-21/fbi-israel-make-securities-fraud-arrests-tied-to-jpmorgan-hack
Required Reading Of The Day
Dow Weighed Down by Weak Earnings – Fox Business Toshiba CEO Felled by Accounting Scandal – WSJ Oil Prices Choppy in Volatile Trading – Fox Business Taylor Swift Fights China Knockoffs – WSJ Hackers Discover Way to Remotely Control Jeeps – Fox Business Ohio Gov. Kasich Enters GOP Presidential Fray – WSJ
Time to go back to the Flintstones Mobile!
SOURCE: https://www.zerohedge.com/news/2015-07-21/470000-vehicles-risk-after-hackers-take-control-crash-jeep-cherokee-sofa-10-miles-aw
Chart Of The Day: IBM Coughs It Up Again
Chart courtesy of Stockcharts.com
Big cap tech!
More big-cap tech as the NDX outshining the rest by miles. Somehow, we expect this to continue as money piles into a narrow group of names. We were asked a good question. Why are all these big growth names soaring right before earnings? Who would take such a chance? Answer…no clue. For sure, AMZN, FB,…
Puerto Rico on the Brink Owes Investors $5 Billion in Next Year
http://www.bloomberg.com/news/articles/2015-07-20/puerto-rico-on-the-brink-owes-investors-5-billion-in-next-year
NFL Teams Split $7.3 Billion in Revenue, Packers Numbers Reveal
http://www.bloomberg.com/news/articles/2015-07-20/nfl-teams-split-7-3-billion-in-revenue-packers-numbers-reveal
PayPal makes big splash on first day of trading after eBay spinoff
http://fortune.com/2015/07/20/paypal-ebay-split-valuation/
CEOs Ready to Cash In on Cuba
http://www.foxbusiness.com/markets/2015/07/19/companies-bullish-on-cuban-expansion/
Jet.com Hopes to be Amazon’s Biggest Rival
http://www.foxbusiness.com/technology/2015/07/20/jet-amazon-ecommerce/?intcmp=marketfeatures