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Former CFO of real estate fund charged with fraud

U.S. Attorney Preet Bharara said former executives of Real estate investment trust VEREIT were charged with accounting fraud.(Photo: Mary Altaffer, AP) The former chief financial...

ES Morning Update September 8th 2016

Looks like afterhours we did make a slightly higher high then Tuesday but still until the 2191 all time from the 23rd of August.  Again,...

Bayer offers $65bn to win control of Monsanto

  Germany's Bayer has raised its offer for Monsanto to $65bn (£49bn), or $127.50 a share, in a bid to create a global seeds and...

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...