The Story of Obama’s Ransom Payment to Iran Gets Worse

The Story of Obama’s Ransom Payment to Iran Gets Worse

The Story of Obama’s Ransom Payment to Iran Gets Worse America paid Iran $1.7-B in cash, hard money that by US law were not to be released unless and until Iran paid what it owed to American victims of its terrorism. On the morning of January 17, 2016, US President Obama declared that this was […]

Oklahoma’s AG Filed Suit Against Opioid Drug Makers

Oklahoma’s AG Filed Suit Against Opioid Drug Makers

Oklahoma’s AG Filed Suit Against Opioid Drug Makers $JNJ, $TEVA, $AGN Friday, Oklahoma became the 4th state to accuse drug makers of misrepresenting the risks of opioid pain medications, saying they engaged in deceptive marketing that helped fuel an addiction epidemic. Oklahoma Attorney General Mike Hunter filed a lawsuit in Cleveland County District Court against […]

The US Jobs Market is Not Rosy as the Headlines Declare

The US Jobs Market is Not Rosy as the Headlines Declare

The US Jobs Market is Not Rosy as the Headlines Declare $DIA, $SPY, $QQQ, $VXX The Question over the strength of today’s job market is Key to understanding the durability of the US economy and the markets looking ahead. The Team at Morningside Hill weighed on the US Jobs numbers today giving us a good […]

US Economy Brightens on President Trump’s Policies

US Economy Brightens on President Trump’s Policies

US Economy Brightens on President Trump’s Policies $DIA, $SPY, $QQQ, $VXX Economic outlook in US brightens, Unemployment Rolls at 28.5-year Lows, Trump Administration’s policies driving the economy. New applications for US jobless benefits fell last week and the number of Americans on unemployment rolls tumbled to a 28.5 year lows, pointing to shrinking labor market […]

How To Recognize A Fake News Story

How To Recognize A Fake News Story

How To Recognize A Fake News Story $FB, $TWTR, $GOOGL 9 tips to stop yourself from sharing false information Fake news articles have increasingly become a regular happening on social media. These posts run wild across the Internet. Only later, if ever, do readers discover that the stories they shared may have been false. The […]

Mining Has Been Banned Near Yellowstone National Park

Mining Has Been Banned Near Yellowstone National Park

Mining Has Been Banned Near Yellowstone National Park The US government has banned new mining claims close to Yellowstone National Park as the Obama Administration steps up efforts to keep the extractive industry out of environmentally sensitive areas before President-elect Donald Trump takes office in January. Temporary ban affects new claims on a 30,000-acres area north of […]

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior 26 September, Monday New Home Sales, August (10:00a EDT): 585-K expected, 654-K prior 27 September, Tuesday Case-Shiller 20-City, July (9:00a EDT): 5.1% expected, 5.1% prior Consumer Confidence, September (10:00a EDT): 98.0 expected, 101.1 prior (revised from 99.8) 28 September Wednesday MBA Mortgage Index, 09/24 (7:00a EDT): […]

Cuba, US Talking About Future of Bi-lateral Relationship

Cuba, US Talking About Future of Bi-lateral Relationship

Cuba, US Talking About Future of Bi-lateral Relationship Cuba and the United States held talks in Washington their 1st meeting on long-term bi-lateral economic ties despite the US-led financial and commercial embargo, said the island country’s Ministry of Foreign Affairs. “Both delegations discussed commerce and future investments as well as other issues on economic and […]

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green $DIA, $SPY, $QQQ, $VXX, $HSY, $MDLZ Wall Street marked a 3rd straight day of gainers Thursday as the BOE raised the prospect of a Summer stimulus and consumer staples shares rose on news of Mondelez International’s (NASDAQ:MDLZ) $23-B bid for Hershey (NYSE:HSY). The […]

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]

Friday’s Technical Outlook for the DJIA (.DIA)

Friday’s Technical Outlook for the DJIA (.DIA)

Friday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI US stocks finished sharply lower Thursday after data showed US GDP growth advanced at its slowest pace in 2 years and jobless claims rose more than expected. The DJIA lost 210 pts, or 1.17%, to close at 17,830.76, recording the biggest 1-day fall since 11 February […]