Stock Market Overview: U.S. stock futures are down sharply (Dow futures are down over 250 points as of this writing) on Wednesday after oil plunged to an 11-year low and rumors spread that N. Korea conducted a nuclear test overnight. There’s a slew of economic data (below) being released today culminating with the Fed minutes being…
Stock Market Commentary: Stocks were relatively quiet on Tuesday as the market paused to digest Monday’s very sharp sell-off. Overnight, China injected $20B to calm markets. Outside of more government interference, not much has changed. As Gary has been telling you for months, the action on Wall Street continues to get weaker, not stronger. Gary’s…
Stock Market Overview: U.S. stock futures are down again as the world digests Monday’s sharp world-wide sell-off. Economic data is relatively thin today with the focus being on motor vehicle sales. Gary has expressed caution and has been telling you about how the market has been getting weaker not stronger over much of 2015. Leadership continues to…
Stock Market Commentary: Stocks tanked on Monday after a new round of selling began in China. Overnight, Chinese stocks plunged a whopping 7% which triggered a world wide sell-off across the globe. Stocks in China were halted after new circuit breakers were introduced today. Monday was the first trading day for the month, quarter and year and…
Stock Market Overview: U.S. stock futures are down sharply this morning dragged lower by a new round of selling in Asia. The selling began in China when their stock market plunged over 7% and triggered new circuit breakers that were put in place today. The new measures were announced after last summer’s steep decline. Monday marks…
