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ES Morning Update September 7th 2016

Looking at the charts this morning I can now see a better picture.  We have what could be labeled an ABC pattern up from the...

Negative interest rates coming to the Fed?

Negative interest rates are spreading like a virus. Central banks in the Eurozone, Switzerland, Sweden, and Japan all have below-zero policy rates. “NIRP,” as economists...

ES Morning Update September 6th 2016

Well, it's been a long weekend as traders took off for labor day.  They will be coming back today to see the market pretty much...

ES Morning Update September 2nd 2016

Well, a little up but it's really kinda a muted reaction from the NFP report.  I'm not sure what to make of it?  It doesn't...

ES Morning Update September 1st 2016

I've deleted some trendlines so we could see the triangle clearer.  Basically we are still inside this triangle with the new purple falling trendline as...

Justice Department Challenges Deere’s Planned Deal With Monsanto

Purchase of planting equipment line would harm competition, lawsuit says... The Justice Department on Wednesday filed a lawsuit challenging Deere & Co.’s planned acquisition of...

ES Morning Update August 31st 2016

The futures seem to be in a triangle now and at the (new) rising trendline that makes the bottom part of the triangle.  Normally I'd...

Nearly 10,000 Chipotle workers join class action wage theft lawsuit

There’s a new outbreak at Chipotle: Furious workers. Nearly 10,000 current and former Chipotle employees have joined a class-action wage theft lawsuit against the Mexican...

Google Is Winning the Fight for PayPal’s Business

It could potentially beat out Amazon and Microsoft. Alphabet’s Google GOOGL -0.49% is close to winning PayPal as a client for its cloud business, potentially...

Apple’s $14.5 Billion EU Bill May Pressure U.S. on Tax Overhaul

The European Union’s finding that Apple Inc. owes Ireland more than $14 billion in back taxes reveals the high cost the U.S. Treasury may pay...