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The markets had a rough time these past few days on weak earnings news, but are making a comeback as this is written … We’ll see by the end if the comeback can be sustained. In today’s commentary Guy poses the question of the Trump Effect on banking stocks. Right now they are poised in a slightly ambiguous position, which Guy shows you in the video.
He also highlights a stock which is making the right noise, but still can be hidden without theh right trading plan to minimize risk and maximize your control and chances of success.
Watch Today’s OVI Market Review to See If There is Still a Trump Effect on Bank Stocks!
Read The Capitalist’s Take Here
HACKERS HIJACK NSA TOOL; PERFORM CYBER ATTACK AROUND THE WORLD
Hackers exploiting malicious software stolen from the National Security Agency executed damaging cyber attacks on Friday that hit dozens of countries worldwide, forcing Britain’s public health system to send patients away, freezing computers at Russia’s Interior Ministry and wreaking havoc on tens of thousands of computers elsewhere. The attacks amounted to an audacious global blackmail attempt spread by the internet and underscored the vulnerabilities of the digital age. Transmitted via email, the malicious software….
Read More at NY Times Here
Read More at The Guardian Here
Read More at The Independent Here
LAWMAKERS MOVE TO STEP UP DEFENSES AS NORTH KOREA LAUNCHES ANOTHER MISSILE TEST
Congress is weighing options for bolstering U.S. defenses against North Korea, with new legislation arriving in the coming week that would increase the number of anti-missile systems on the West Coast. Sen. Dan Sullivan (R-Alaska) will unveil a bill that asks for 28 additional Ground-Based Interceptors in Alaska and California, increasing by more than 30 percent the number of interceptors currently in the United States.
Read More at The Hill Here
Read More at Reuters Here
Read More at CNBC Here
Closing Bell
– Friday, May 12th
Markets Close Flat After Weak Economic Data
Big Insider Trades
– Salesforce.com, Inc. (CRM) CEO Marc Benioff Sells $880k
– QUALCOMM, Inc. (QCOM) Director Ann Livermore Buys $500k
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