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The Breakfast Briefing: Weekly Win For U.S. Stocks In Jeopardy As Russia Probe Moves Closer To Trump

TedTed
edited November 2017 in Fund Discussions
FYI: U.S. stocks were setting up for a slight pullback Friday, putting weekly gains for the S&P and Dow average in jeopardy, as traders assessed the latest developments in an ongoing investigation into Russia’s interference in the U.S. presidential election last year.
Regards,
Ted
U.S.: (MarketWatch)
https://www.marketwatch.com/story/weekly-win-for-us-stocks-in-jeopardy-as-russia-probe-moves-closer-to-trump-2017-11-17/print

U.S.: (IBD)
https://www.investors.com/market-trend/stock-market-today/the-new-growth-stocks-are-wal-mart-cisco-gm-sp-500-futures/

U.S.: (CNBC)
https://www.cnbc.com/2017/11/17/us-stock-futures-earnings-data-tax-on-the-agenda.html

Asia-Europe-U.S.: (Bloomberg)
https://www.bloomberg.com/news/articles/2017-11-16/stocks-in-asia-to-climb-in-end-to-tumultuous-week-markets-wrap

Europe: (MarketWatch)
https://www.marketwatch.com/story/european-stocks-stumble-on-company-news-broker-downgrades-2017-11-17/print

Europe: (Reuters)
https://www.reuters.com/article/us-global-markets/world-stocks-claw-back-losses-but-set-for-second-weekly-fall-idUSKBN1DH02Y

Europe: (CNBC)
https://www.cnbc.com/2017/11/17/european-markets-earnings-data-draghi-speech.html

Asia: MarketWatch)
https://www.marketwatch.com/story/nikkei-rallies-looks-to-notch-10th-straight-weekly-gain-2017-11-16/print

Asia: (Reuters)
https://www.reuters.com/article/japan-stocks-close/nikkei-rises-to-1-week-high-but-breaks-9-week-winning-streak-idUSL3N1NN2CP

Asia: (CNBC)
https://www.cnbc.com/2017/11/16/asia-markets-global-equities-tax-reform-oil-prices-in--focus.html

Current Futures: Mixed
https://finviz.com/futures.ashx

Comments

  • Valuations suggest a pull-back in stocks anyway, so an incoming-president's collusion with Russians may be just the stimulus needed for a major correction. Even if it couldn't be proven DT was directly involved it still would be market-affecting turmoil.

    Actually, the one stock that may do well is TWTR. I'll have to look at that.
  • edited November 2017
    Re: “As Russia Probe Moves Closer To Trump”

    Theresa May in the UK has also voiced recent angst at their meddling in the BREXIT vote and other British / European affairs - Brave New World. If nothing, the Russians know how to use social media and the internet to their advantage.

    (Nice Huxley quote by Ed Studzinski in David’s November issue)
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