Hyman. We have seen rallying in recent days in stock markets in anticipation of the taxable area now that it is here, we are seeing a pause in the upward momentum with the nasdaq losing the most. Also, conventional wisdom is that some of the tech giants have less to gain from a Corporate Tax cut then do some of the more domestically oriented counterparts. Something else we have been watching over time has been the beent of time that it has in between 5 pullbacks in the s p 500. We are on a long stretch, 282 days without a pullback. One of the implications is that you dont have the dip phenomenon because the dips arent very steep. If you are looking for value in the market or to buy on discounts, those discounts are not happening or they are happening to a smaller degree and more rarely. Back to today, there have been a number of large cap analyst calls today. Lets run through them quickly. Apple getting a rare downgrade in todays session. It was a downgrade to neutral. The analysts bel
Just under 30 minutes until the end of the close of equity trading. A big picture at across asset, equities, a little bit of a mixed picture, ftse 100 in the u. K. With a record high today. Dax and cac 40 trading sideways, a mixed picture in other industries and in the fx face, broad based weakness and the today,shed through 119 just below that now but up 3 10 of 1 . Cable meanwhile has gone above 134, slightly below that now, 133. 97. Up to 10 sub 1 . Fixed income space, the 10 year yields, generally yields moving lower. Metals on the front foot, let an aluminium moving higher with brent crude down 6 10 of 1 . One stock i want to highlight, the today chart for impact. Ams drop as much as 14 today, down a present or 9 , one of the apple stories. Concern over the past couple of days about apple and the iphone x. As the european markets have somened, we have seen companies drop. Looking at industries, tech stocks providing the biggest downward drag, down 3 10 of 1 . On the upside, materi
Winners of the year, and they are rallying a twoyearend. Yearend. G into here are some of the companies doing well in todays session. We have seen outperformance for semiconductors this year. You can see the activity we have had for some of the semiconductor makers. Here is the Philadelphia Semiconductor index in white and the rally over the past two years versus the s p 500 has been extraordinary. Even the s p has gained 31 over the twoyear period. The semiconductor gains have been pretty much trouble that. Groups doing well today include marijuana stocks, which are heading up today. The canadian have a traded stocks we watch are doing well. California is set to legalize Recreational Marijuana use on january 1. These playersid are seeking to create multinational franchises in legal marijuana. Many of these companies we use as proxies for various pot policies around the country and around the globe are pretty small, Many Canadian listed, so they tend to be quite volatile here. Are, in
Existential is Nuclear Weapons. Haves positions on this been all over the map, so it is very hard to know what he means, but some of them are pretty frightening. Amy we will also speak with professor noam chomsky about his new book requiem for the , American Dream the 10 principles of concentration of wealth power. All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. The britishbased Monitoring Group the syrian observatory for human rights reports dozens of people have been killed in more than 200 wounded and suspected chemical weapons attack the rebel held town in Idlib Province also the observatory reports at least 11 children under the age of eight were killed in the attack. Afp is reporting a few hours after the alleged gas attack, a rocket hit a nearby hospital where victims were being treated. The observatory says it does not know whether the attack was carried out by the Syrian Government or its ally, russia. The S
Denierers running the white houe and chomomskys fear over r a nw , nuclear arms race. The other crucial issue in ,uman life, issue of survival existential is Nuclear Weapons. Haves positions on this been all over the map, so it is very hard to know what he means, but some of themem are pretty frightening. Amy we will also speak with professor noam chomsky about his new book requiem for the , American Dream the 10 principles of concentration of wewealth power. All that and more, coming up. Welcome to democracy now , democracynynow. Org, the war and peace e report. Im amy goodman. The britishbased Monitoring Group the syrian observatory for human rights reports dozens of people have been killed in more than 200 wounded and suspected chemical weapons attack k the rebel held town in Idlib Province also the observatory reports at least 11 children under the age of eight were killed in the attack. Afp is reporting a few hours after the alllleged gas attack,a rocket hit a nearby hospital wher