New Highs
New Highs: Futures are extending Friday’s gains, the yuan strengthened to a one month, the only notable econ report was German IFO Business sentiment, there are no notable economic reports and no important Fed speakers and more.
Tom Essaye’s Take on Market response to US legal and political drama on CNBC
Tom Essaye’s take on market response to US legal and political drama is ‘appropriate’, – On CNBC, August 23, 2018
The Key to a Weaker Dollar (And Higher Stock Prices)
The key to a weaker dollar (And Higher Stock Prices), U.S./China trade talks ended, today the key event to watch is the Powell speech from Jackson Hole, futures are modestly higher following a generally quiet night of news and more.
What Makes Politics a Bearish Gamechanger
Futures are little changed following a quiet night as the August flash, on trade, the WSJ said odds of the 200 billion additional Chinese tariffs, from a trading standpoint today, any trade headlines (positive or negative) will likely move markets.
Tom Essaye quoted on Nasdaq – August 21, 2018
Looking Up. A weaker dollar was helping to boost stocks Tuesday morning, pushing the S&P 500 ever nearer to its all-time high.
Tyler Richey cited on MarketWatch – August 21, 2018
Market Watch – Oil futures finished higher on Tuesday, registering a fourth straight gain – Media Mention
The Rotation Out of Tech Continues
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Rotation Out of Tech Continues