Watch the latest video at video.foxbusiness.com Omega Advisors Chair and CEO Leon Cooperman told FOX Business Network’s Neil Cavuto that he doesn’t expect a bear market anytime soon – and he sees no signs that the U.S. is headed for a recession. “We don’t see any signs of recession,” Cooperman said. “Employment is rising…
Chart courtesy of StockCharts.com
As this is being written, there are four different articles on supposedly four different deals that are happening with the Greece negotiations. Quite amazing! The bottom line and the logical outcome is simple. The math just does not add up and all parties know it. We can bore you to death with the numbers but the numbers change…
http://www.wsj.com/articles/starbucks-leads-multi-company-initiative-to-hire-100-000-young-minority-workers-1436770801
http://www.foxbusiness.com/economy-policy/2015/07/10/week-ahead-greece-yellen-and-bank-earnings/?intcmp=bigtopmarketfeaturesside
http://www.foxbusiness.com/markets/2015/07/09/record-stock-buybacks-generate-backlash/?intcmp=marketfeatures
http://www.foxbusiness.com/personal-finance/2015/07/10/k-cup-economics-comparing-coffee-costs-with-keurig/?intcmp=fbtopstories
Source: http://www.wsj.com/articles/year-end-budget-fight-is-taking-shape-1436741315
Apple’s Share of Smartphone Industry’s Profits Soars to 92% WSJ The Unaffordable Care Act WSJ Fmr IMF Chief: Latest Greek Proposal in Line with Creditors’ Demands- Fox Business U.S. Treasury’s Lew Encouraged by Progress in Greek Talks – Fox Business Portents of World Cyberwar WSJ
Good: Bulls showed up and defended longer term support (200 DMA) Crude oil plunged 13% in the past two weeks. Good because it lowers costs and bad because it signals weaker demand Bad: China has to interfere in markets to stop them from going down Greece remains in limbo. Another deadline set for Sunday….
