Last time Guy talked about ignoring the drama of news and all the recent Washington hullabaloo! Sure enough the S&P rebounded strongly on Thursday and Friday, taking back most of the ‘drama-drop’. Then on Saturday we see a deal for over $110bn of trade between the U.S. and Saudi Arabia.
Should we ignore that too?
Not exactly! That’s news, not drama. And we can use that kind of news to identify potential opportunities in literally a few seconds. Here’s how …
First, we know the main sector who will benefit from this deal … The aerospace and defence sector.
Second, we identify potential candidates who may benefit from this deal by filtering for OVI setups within that sector.
It is mind-bogglingly easy if you have the right tools and correct approach. Watch Today’s OVI Market Review to Identify Defence Stocks which are Attracting OVI Leverage!
Read The Capitalist’s Take Here
AS PROFITS DWINDLE, FORD OUSTS CEO MARK FIELDS IN MANAGEMENT SHAKEUP
Ford Motor Co. announced Monday that it has replaced President and Chief Executive Officer Mark Fields, who is retiring after nearly 30 years with the automaker. According to Ford’s website, Fields’ successor is Jim Hackett, who has overseen Ford’s efforts on autonomous vehicles as chairman of Ford Smart Mobility. Hackett took that position in March 2016, after serving three years on Ford’s board of directors. Previously, he was chief executive of Steelcase, an office furniture company. The management changes became effective Monday.
Read More at NPR Here
Read More at Reuters Here
Read More at NY Times Here
NC SUPREME COURT RULING WIPES OUT REPUBLICAN-DRAWN HOUSE DISTRICTS
The Supreme Court ruled Monday that racial considerations pervaded the way North Carolina lawmakers drew congressional maps after the 2010 Census in order to maximize Republicans’ advantage.
The 5-3 ruling, written by Justice Elena Kagan, was the latest in a series of decisions by the justices against the excessive use of race in redistricting, the decennial process of drawing new district lines for Congress and state legislatures. Justice Clarence Thomas joined the court’s four liberal justices in striking down the state’s maps. The high court in March demanded additional lower court review of…
Read More at USA TodayHere
Read More at Bloomberg Here
Read More at NPR Here
– Monday, May 22nd
Markets Close UP Behind Tech and Industrials
Big Insider Trades
– Facebook, Inc, (FB) Chief Product Officer Christopher Cox Sells $2.4m
– Entercom Communications Corp. (ETM) Chairman Joseph Field Buys $800k