The Morning Look
Stock Market Overview:
Stock futures are lower before Tuesday’s open. Oil prices fell over 6% on Monday after a series of weaker-than-expected manufacturing reports were released. Gary called the low perfectly for you on Wednesday, Jan 20, 2016.
Gary’s Thoughts: But Google is strong…and we told you to watch Rubio!
Ecoomic Data:
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Chicago Fed National Activity Index 8:30 AM ET
- PMI Manufacturing Index Flash 9:45 AM ET
Highlights Of The Day:
- Chipotle-linked E.coli outbreaks appear to be over: CDC – (Appear is not a good word!)
Gary’s Thoughts: There had better not be another outbreak! - Trump continues to tells voters: Don’t donate!
Gary’s Thoughts: Good on him!
- Puerto Rico seeks huge debt cut; creditors, insurers skeptical
Gary’s Thoughts: As we have stated, they cannot possibly pay all the debt back…ever! - Microsoft’s secret weapon for growth in the cloud: email
Gary’s Thoughts: With a 10% drop in sales, they will need something!
2008 still on song!…Think we had the opposite of the bear washout yesterday….i.e. buyers were sucked in.