A tsunami retail store closings is headed our way courtesy of the weak US economy and pathetic 2% GDP growth. I thought Democrats did such a good job with the economy… NOT!
The CEO of EBAY just got done saying on CNBC, “I’m not sure all retailers will make it to the next holiday season.”
How stupid do you have to be to think that China is a friend of the United States? South Korea and the U.S. were carrying out their usual joint military exercises in the region and so North Korea violated international law and launched four ballistic missiles on Monday in response.
North Korea just figured out (Read More….)
Folks, WikiLeaks just released a major “vault 7” release that proves that President Trump was correct in saying that his phones were tapped and that he was being spied on by the Obama Administration.
A massive release of thousands of documents by WikiLeaks shows a dark rogue government inside the US government that basically spies (Read More….)
Folks as traders we know better than anyone else that President Trump’s election has been great for the stock market. The problem is that President Trump has cited how the stock market has gone up by $3 trillion in value since his election. This has put a great big target on the stock market.
Powerful (Read More….)
A lot of market commentators and analysts spend hours trying to explain why the stock market keeps going up. President Trump explains it best in this video clip from his February 18, 2017, speech in Melbourne, Florida.
President Trump on the increase in optimism apparent in US stock market & polls 2/18/17 Melbourne FL (Read More….)
Ron Paul continues to forecast a collapse of the US economy even in light of the election of President Trump.
Ron Paul said that Federal Reserve policy has set the country up for economic collapse, and though the central bank has been very creative in making the impossible work, and putting off financial (Read More….)
For the first time since the Trump rally began on November 7, 2016, we have actual catalysts that are powering markets higher. President Trump continued to use executive powers to start implementing some of his campaign promises. Today he signed off for the continuation of the Keystone XL and Dakota Access pipelines. The Energy sector (Read More….)
Barron’s just released a cover story that suggests that President-elect Donald Trump should take steps to make U.S. trade policy freer than it is now after a backslide during the past 15 years. Barron’s goes on to assert that any aggressive push by Trump to hike tariffs will face resistance from a Republican-dominated Congress that (Read More….)
December 13, 2016: Sold today and booked a 1% profit on an inverted hammer pattern. Congratulations if you made money on this trade.
December 12, 2016: Mizuho reiterates a Buy rating on Alphabet, and sets a price target of $1,025. Mizuho says that Google is currently testing few new products which could drive incremental search (Read More….)
HBI Buy DA Davidson & Co HBI Buy CL King & Associates
DEPO Underweight Piper Jaffray/Simmons
Headlines By Ticker:
DEPO Depomed Inc
12/11 23:02 Piper Jaffray/Simmons Cuts DEPO to Underweight from Neutral, price target: $14
DIS Walt Disney Co
12/11 16:18 (Read More….)
Hillary Clinton and Democrats promised to wage war on pharmaceutical companies and do things like price controls on drugs and products of the biotechnology industry.
In California, there was a ballot measure to impose price controls on the sale of pharmaceutical drugs in the state.
Both Hillary Clinton’s probability of winning, and California’s (Read More….)
For the week, the DJIA gained 0.1%, the S&P 500 rose 0.8%, and the Nasdaq climbed 1.6%.
Economic data and Federal Reserve commentary virtually sealed the deal that a rate hike is coming at next month’s monetary policy meeting.
Trump needs to fire Yellen IMO. Trump has pledged a $1 trillion infrastructure spending program to (Read More….)
China has threatened to cut off the sales of US goods in China if Trump follows through with his campaign promise to declare China a currency manipulator on day one of his presidency and to place 45% tariffs on goods imported from China.
The Chinese government responded to Trump’s win with an editorial in a (Read More….)
Donald Trump told Lesley Stahl of CBS that he would not take the $400,000 a year salary as President of the United States. Donald Trump said, “I think I have to take by law one dollar so I’ll take one dollar a year.”
When was the last time you heard a President refuse the presidential (Read More….)
We pulled off an incredible victory of getting Donald Trump elected. Congrats guys, we did it. Now the first point of focus is the backward bending Laffer Curve. Thanks to the reckless policies of Democrats and Obama, the national debt is up to almost $20 trillion dollars. The horrible national debt leaves Trump with little (Read More….)
Miley Cyrus as a young girl actor made her popularity by appealing to young Christian girls in the Disney series Hannah Montana (2006). As soon as she came of age, she abandoned God for fame. Miley Cyrus rushed for the spotlight and lost her religion in the process.
Miley Cyrus caused thousands of Christian girls (Read More….)
Increases in government regulation, taxes, environmental regulations, and ObamaCare on businesses, shifted the aggregate supply (AS) curve inward and thus reduced aggregate demand (AD).
With the explosion higher in the cost of doing business, businesses hired fewer workers. In fact, many small businesses reduced the size of their workforce in response to ObamaCare. Less (Read More….)
For the week the S&P 500 fell -1.9%, the DJIA fell -1.5%, and the Nasdaq plunged -2.8%. Last week the VIX shot back above 20 to trade at levels not seen since the June Brexit vote. The S&P extended its longest losing streak since 1980 with its ninth consecutive decline on Friday.
Oil was (Read More….)
The mainstream media and Donald Trump have been at odds for a long time. That’s not news. Every publication from the WSJ, Reuters, and Bloomberg show constant biases in the articles they publish.
As a result, a lot of traders, simply mimicked what they read in the mainstream financial media as if was a fact. (Read More….)
Mexico is devaluing its currency to gain a huge advantage in international trade. Democrats and the Obama Administration have done nothing to stop it.
Like most economists, I am for free trade; however, free trade today is not what it was in the 90s. The concept of international trade works because of comparative advantage. (Read More….)
Donald Trump has correctly criticized the Federal Reserve for keeping interest rates low for Democrats. Yellen’s allegiance to Democrats is something I’ve been talking about for more than a year now.
Janet Yellen herself is a Democrat who was appointed by Obama. Remember how Yellen was questioned about why she was meeting with Democrats more (Read More….)
The internet is buzzing about the latest Retail Sales report that shows a gradual slowdown in consumer spending. The buzz centers around the question of how can the S&P 500 be hitting all-time highs when retail sales continue to trend downward?
Some are speculating that the Democrat and Republican Establishments are working together to (Read More….)