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Turn on the news and all you'll hear is the drama surrounding Washington, Trump, Russia, blah, blah, blah.
Unless something utterly extraordinary happens (and by definition that is low odds at this time) the markets will continue to do what they want to do. In fact, more often than not, you’ll think the market will do one thing because of some Washington drama only to see the markets do exactly the opposite!
That's the damage that being a news addict can do. So when it comes to trading, we ignore it.
Listen in as Guy Cohen tells you why he only follows where the smartest and bravest money is being deployed. If you do the same you'll find your trading will reach new heights, and you'll enjoy it too.
No stress, no drama. Just intelligently following where the seriously smart money is going.
In today's video Guy shows you how in just a couple of minutes you can find great opportunities even when you're only looking at a finite list of stocks.
Read The Capitalist’s Take Here
FORMER 9/11 FBI DIRECTOR ROBERT MUELLER APPOINTED SPECIAL COUNSEL TO OVERSEE RUSSIA PROBE
The Justice Department is appointing former FBI Director Robert Mueller as a special counsel to oversee the growing probe into Russian meddling in the 2016 election and possible ties to Trump associates.
“In my capacity as acting Attorney General, I determined that it is in the public interest for me to exercise my authority and appoint a Special Counsel to assume responsibility for this matter,” Deputy Attorney General Rod Rosenstein said in a statement.
Read More at NPR Here
Read More at USA Today Here
Read More at NY Times Here
AMAZON AT IT AGAIN; ONLINE RETAILER LOOKS TO EXPAND INTO PHARMACY BUSINESS
Amazon has changed the face of how Americans (and the world) shop, interact with the web, and even consume media. Now, the tech and e-commerce titan may be looking to get into the challenging healthcare market with a play for the pharmacy industry. CNBC reported late Tuesday that Jeff Bezos's multifaceted company has been taking on pharmaceutical talent. That includes both the hiring of a general manager to lead a potential unit and other prospects from the pharmacy sector, according to sources. Fortune has reached out to Amazon and will update this post if we receive a response, although the company has declined to comment to other outlets.
Read More at Fortune Here
Read More at CNBC Here
Read More at Zack’s Here
Closing Bell
– Wednesday, May 17th
Markets HAMMERED DOWN as D.C. Turbulence Causes Dollar to Slip and Investors to Scramble
Big Insider Trades
– Amazon.com, Inc. (AMZN) Senior VP Jeffrey Blackburn Sells $2m
– Cullen/Frost Bankers, Inc. (CFR) Director Graham Weston Buys $1m
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