Stocks were relatively quiet on Tuesday and closed higher as oil prices jumped 5% on renewed hope OPEC will cut production. Elsewhere, shipping stocks soared and the Nasdaq bounced back after lagging hard since the election. Gary’s Thoughts: Only one thing wrong…massive frothy action in money losing, almost bankrupt shipping stocks, some that did massive…
NVDIA reports accelerated numbers and ramps. There has been a ton of others that have cracked. This stands by itself.
http://www.reuters.com/article/us-britain-eu-ratings-idUSKBN136115
http://www.bloomberg.com/politics/articles/2016-11-09/trump-defeats-clinton-in-stunning-upset-that-rocks-markets
https://video.foxbusiness.com/v/5157330674001/did-yahoo-violate-privacy-laws/?#sp=show-clips
http://www.foxbusiness.com/features/2016/09/29/smooth-sailing-puerto-rico-to-get-boost-this-cruise-season.html
http://www.foxbusiness.com/markets/2016/08/16/fmr-sec-chair-pitt-rips-fed-says-low-rates-are-bad-for-economy.html
http://www.bloomberg.com/news/articles/2016-07-26/el-erian-says-fed-risks-collateral-damage-by-keeping-rates-low
http://www.foxbusiness.com/politics/2016/07/26/peebles-on-skipping-dnc-im-not-dissing-entire-democratic-party.html
Stocks were quiet on Friday as investors digested the strong post brexit rally and the latest round of economic and earnings data. Gary’s Thoughts: No complaints and certainly no sellers just yet. Earnings are not very good but beat the number is at hand.
