Mike’s Morning Brief: Mike’s Morning Brief: A fast-break rundown of what’s going on.
Market opened in the red a day after the DOW, S&P and NAS hit new intra-day highs, but failed to hold them. Oil continues to slide to $51 on large production numbers. Brexit could be official as early as today. Earnings keep coming with mixed tones. Disney missed and Gilead beat, but lowered its outlook. India kept rates unchanged again, which was a bit of a surprise. The ruling on the travel ban freeze should come from a San Francisco court at any time. We have a new Secretary of Education, but she is not widely popular. Interest rates are lower as is the Dollar, while Gold catches an early bid.
Have a great Day.
Mike
