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ES Morning Update August 23rd 2016

Ok, here we are again... trying to tag 2200 on yet another rally attempt.  This could drag out until the Jackson Hole meeting this Friday...

Bill Gates’ net worth hits $90B, proving Thomas Piketty’s point

When Thomas Piketty published his 2013 book Capital in the 21st Century, he said that capitalism's primary beneficiaries aren't those who make amazing things that...

Congress Presses Pharmaceutical Company to Explain Surge in Cost of EpiPen

It’s back-to-school time — as well as campaign season — and lawmakers are becoming increasingly focused on the growing cost of pens: EpiPens, that is....

ES Morning Update August 22nd 2016

Futures are still stuck in a sideways trading range as nothing has changed.  We've been in this range since August 5th and in another range...

Server receives $500 tip after simple act of kindness

A server's simple act of compassion went a long way this week. Kasey Simmons, who works at a Dallas-area Applebee's restaurant, was waiting in a...

Twitter Says It Suspended 360,000 Suspected Terrorist Accounts in a Year

TWITTER IS STILL actively combating terrorism on its platform, and it wants you to know so. Really and truly, the company says, it is making...

Brexit Armageddon was a terrifying vision but it simply hasn’t happened

Unemployment would rocket. Tumbleweed would billow through deserted high streets. Share prices would crash. The government would struggle to find buyers for UK bonds. Financial...

Obamacare Is a Money-Loser for Insurers, Who Are Giving Up

With almost $2 billion in losses this year, big insurance companies are pulling out of the health-care program. Last November, when UnitedHealth Group said it...

Global central banks dump U.S. debt at record pace

Global central banks are unloading America's debt. In the first six months of this year, foreign central banks sold a net $192 billion of U.S....

ES Morning Update August 19th 2016

The Futures ran up into multiple trendlines of resistance after-hours and couldn't breakthrough. Looking at various charts and time frames this morning I don't see...