Weekly CEO News from Richard Ingram

The US Dollar (via the DXY Index) is pacing for its fourth consecutive day of losses today, the first time such a streak has transpired since the end of March. While the DXY Index was able to attempt a breakout

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Earlier today the S&P500 hit a new intraday all-time high of 2,373.23 before fading some of the gains, on the day that matches the longest bull run in S&P history. And absent a “force majeure” event and a 20% drop

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The constant trickle of Brexit headlines continues to drip out, with today’s developments taking on a relatively positive tone. While the two chief negotiators, Michel Barnier and Dominic Raab, still acknowledged the potential for a no-deal / “hard” Brexit, they

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Shares of Fabrinet (FN) are on the rise after the company reported better than expected fourth quarter results and guided earnings per share above consensus expectations. Following the earnings release, Piper Jaffray analyst Troy Jensen raised his price target on

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The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through May. “Travel on all roads and streets changed by +0.3% (+0.9 billion vehicle miles) for June 2018 as compared with June 2017. Travel

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We said yesterday that a Tesla stock close above $300 was bullish. We got it. Thursday we told subscribers we thought we’d get below $300. We got it. This morning we told subscribers that we’re “very bullish on that strong close. It was reported that Morgan

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As traders cheer the longest bull market in history, they ought to be wondering “what’s next?” The bulls are cheering loudly today as the S&P Hits Record, Equals Longest Bull-Run The benchmark S&P 500 hit an all-time intraday high on Tuesday,

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With all the talk about Central banks going “Cashless,”someone needs to tell the Federal Reserve. Why? Because the Federal Reserve just placed another large order for newly printed 2018 Dollars. Interestingly, the U.S. Treasury will print the largest number of

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The first sign of trouble occurred earlier in August when the Turkish lira sank heavily and all eyes shifted to trade and capital flows in the emerging markets (EM). Fears mounted that other EMs, such as Brazil, India, Indonesia, and

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This was the spot where the dollar should bounce for a day or two. So far it’s looking very weak with no sign of a bounce. Unless something changes quickly this doesn’t bode well for the dollar. In the meantime,

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