Mike’s Morning Brief – June 7, 2017

Mike’s Morning Brief: A fast-break rundown of what’s going on.

Market opens in the green as this sideways price action near all-time highs persists ahead of what will be an eventful Thursday…

Thursday brings an ECB meeting, the British election, and the testimony from Former FBI Director James Comey on Capitol Hill.  President Trump announced his nominee for the vacant FBI Director role, and he announced it via Twitter.  President Trump heads to Ohio today to promote a $1 Trillion infrastructure bill which is part of his pro-growth policies he campaigned on.  Energy caught a bid yesterday, and seems to be holding it this morning, despite lower oil.

A turn could be coming.

Elon Musk continues to reinvent the auto industry and is spending up the process of manufacturing.  TSLA hit fresh new highs again this morning in early trading.

Keep those belts buckled.

Have a great morning,

Mike Frazier

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