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Musk, Trump, And The Second Gilded Age
I’ve long admired Elon Musk as a technological visionary. But I worry about his sense of responsibility to the public. Last week Musk announced on Twitter that he intended to tur... -
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US Dollar Index Bulls Watching Support After Last Week’s Bearish Reversal
The big breakout in the US Dollar Index earlier this month had dollar bulls turning their eyes skyward toward 97.00, 98.00, and even 100.00, but based on last week’s price acti... -
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Credit Suisse Thinks You Shouldn’t Panic – Unless Trump Goes Ahead With Car Tariffs
When last I checked in on Credit Suisse’s James Sweeney, he was busy delivering a rather sobering assessment of balance sheet risk in the U.S. corporate sector in the context o... -
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Student Loans Are Starting To Bite The Economy
Potential homeowners are being thwarted by the costs of paying off bills for higher education It’s that time of year when students prepare to head back to the classroom. For many... -
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Momentum Stocks Look Weak; Nvidia & Tesla Crater
Momentum – Stocks End The Week On A Positive Note Momentum – This week continued the streak of avoiding a 1% daily move in the S&P 500. However, it was a relatively... -
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AUD/USD Price Outlook: Aussie Recovery Faces Major Resistance Hurdle
AUD/USD recovery targeting key resistance pivot at 7336– broader risk higher while above 7239 The Australian Dollar has rallied nearly 2% off the fresh yearly lows regis... -
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Cowen Says EA’s New ‘Battlefield’ Game ‘headed For A Rough Go’
Shares of Electronic Arts (EA) were marginally lower after a Cowen analyst said that the company’s upcoming war shooter “Battlefield V” appears “headed for ... -
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Tesla Doubts Grow: JPMorgan Cuts Target To $195
Analysts have increasing doubts about Musk’s ability to take Tesla private. The BBC reports Tesla Slips as Doubts Grow Over Elon Musk’s Take-Private Plan. Shares in th... -
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A ‘Stealth’ Rate Hike From Turkey And A ‘Pick Your Poison’ Quandary For Europe
Turkish stocks managed to rise in a shortened session ahead of the holiday, but the lira fell as markets continue to ponder the outlook for a currency that’s beset by an exceptio... -
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5 Hot Stocks In The Dow ETF Last Week
After being hurt badly by the Turkey crisis early last week, the Wall Street regained momentum to close the week on optimism over trade talks between the United States and China an...