It is the 25th of May 2019

News

WTI Slides Below $63 After Surprise Crude & Gasoline Builds

WTI traded lower today (finding support around $63) as anxiety over the ongoing US-China trade deal weighed on global growth (demand) sentiment (after yesterday's gains on OPEC/Saudi supply comments).

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Nordstrom Crashes To 8 Year Lows After Slashing Guidance

On the heels of an ugly report from Kohls this morning, Nordstrom capped the day by crashing over 10% after hours to its lowest since August 2011 after missing on revenues and cutting earnings guidance for the fiscal year.

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Stocks Bounce As Huawei Hope Trumps Home Sales Horror

It appears President Trump saw the news last night, did not like stocks being red and reversed his Huawei ban (at least temporarily), everything is awesome again...

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North Korea Slams "Fool Of Low IQ" Biden, Says Frontrunner Status Is 'Laughable'

At a time when the relationship between the Trump Administration and Beijing has probably never been more tense, we imagine it's only a matter of time before Beijing unleashes the 'coordinated' Facebook campaign to sabotage the Trump administration, a campaign presumably organized at the behest of Trump's one-time presidential rival, Hillary Clinton.

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