Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 01/16” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) A fresh round of stimulus announced by China to abate an economic slowdown boosted investor confidence at the open. With easing of fears of an imminent global recession, the S&P 500 (more…)
Brexit Chaos and Draghi Speech Potentially to Eclipse Earnings Headlines today Geopolitical events (not involving China, for a change) today likely to cause chaos in the currency markets which would spill over into the equity markets today – UK parliament to vote on Theresa Mayer’s Brexit Plan. Added to that, ECB chair Draghi is slated (more…)
