Dow notches 7th straight weekly gain, longest streak in 2 years http://on.mktw.net/2hgTkNP
"Not An Algo Was Stirring..." - Dow's Tightest Trading Range In 30 Years http://www.zerohedge.com/news/2016-12-23/not-algo-was-stirring-dows-tightest-trading-range-30-years …
Here's your mid-day market update: http://buff.ly/2ia9oiT
Check out the biggest market movers of the day so far on Markets Insider: http://buff.ly/2hyUt0Z
US Crude oil futures settle at $53.02 per barrel
Baker Hughes total rig count rises 653 vs 637 last
European stocks go out with a whimper
GERMANY'S DAX DOWN 0.1 PCT, FRANCE'S CAC 40 UP 0.1 PCT SPAIN'S IBEX UP 0.3 PCT
GERMANY'S 10-YEAR GOVERNMENT BOND YIELD HITS THREE-WEEK LOW OF 0.22 PERCENT, DOWN 3.6 BPS ON DAY - TRADEWEB
Times in the past 35 years that the 30-Yr Treasury Bond has been more oversold than today (using 14-week RSI)... 1984 1987 1994 2006 2013
Rushing to close out matters , seemingly gave CS and DB an advantage....
Deutsche Bank jumps 4% after agreeing $7.2bn settlement on mortgage claims w/ US Department of Justice w/ cash costs way below expectations.
Some pre-Christmas cheer for banks: Credit Suisse agrees to Pay $2.48bn in civil penalties following Deutsche Bank reaches $7.2bn settlement
Italy Bank Bailout......
JUNE 30 DEADLINE CAN BE EXTENDED BY 6-MONTHS IF EU COMMISSION AGREES - GOVT DRAFT DECREE ON BANK SALVAGE PLAN
ITALY WILL BE ABLE TO PROVIDE GUARANTEE OF BANKS' DEBT UNTIL JUNE 30, 2017 - GOVT DRAFT DECREE ON BANK SALVAGE PLAN
Gov't looks like it will have a 62% stake in MPS , as a result of the rescue.
Looks as if they in urgent need for money: #Italy Treasury says to offer up to €6.75bn in bonds at auction on Dec. 29.
Trading in Monte dei Paschi shares, derivatives and bonds halted after troubled lender failed to raise private money to boost capital.
German Market Attack News
Interesting thread ( 1 of 19 in the string ) on Anis Amri - piecing things together about his background and flight after the Berlin attack.
Good string ( first of 11 tweets ) & analysis by Rukmini regarding Berlin incident , Anis Amri & ISIS.
Interesting string-first of 4 tweets on Berlin situation and Anis Amri.
Look at route taken allegedly by Anis Amri - questions will be asked how did he travel so far w/i Europe and what was his final destination?
Berlin Xmas Market attacker killed in Milan shootout with police ? Wish he could have been taken alive.
This one could see coming from ten KMs away...
Maroccan intel service warned German authorities twice about Amri's readiness to perpetrate a terrorist attack. Documentation here. #Berlin
1,200 Children Migrants and Refugees Complete First School Trimester in Greece http://dlvr.it/My2Jn4 #Greece
Tsipras and Schauble fueding goes public..
( Much more at Twitter Timeline...)
Libyan plane hijacked by two men allegedly carrying explosives. 110 people on board , demands presently unknown.
NOW: Afriqiyah plane w/ 100+ passengers on board hijacked on its way from Tamahint to Tripoli landed in Malta. Hijackers armed w/ explosives
Alleged demand made by hijackers - safe passage for jihadists remaining in Qanfouda section of Benghazi City.
First group of passengers, consisting of women and children, being released now.
First 25 passengers released.
A second group of 25 passengers are in process of being released as well.
65 passengers released so far.
The hijackers of #AfriqiyahAirways plane are from the south #Libya, they demand the creation of a political party "al Fateh al Jadid. #malta
#Malta | The 2 hijackers - Mousa Shas & Ahmed Ali - of the #Afriqiyah plane are 24 and 25 years old, they also demand asylum in Europe.
#BREAKING 109 passangers + crew members released from hijacked plane. Maltese Prime Minister writes on Twitter. #maltahijack #Libya
UPDATE: Man appears from hijacked plane holding the old Green flag of Libya http://ow.ly/x5FM307p5ka
#Libya Hijacker of Libyan plane now at Malta says he is head of a pro-Gaddafi party.
Plane crisis over: kidnappers surrender,all passengers are safe, they raised old regime flag, demand new polit party, requesting asylum
Initial forensic exams now showing weapons used in Afriqiyah hijack are replicas.
Thanks for telling us now.....
Trump's Ominous Warning To The UN: "Things Will Be Different After Jan. 20th" http://www.zerohedge.com/news/2016-12-23/trumps-ominous-warning-un-things-will-be-different-after-jan-20th …
#Breaking - The U.S. refuses to veto a U.N. measure condemning Israel.
CIA director says US government shouldn't retaliate for Russian hacking, just because Democrats have been useless http://reut.rs/2hPUjFg
I'm paraphrasing here but that's what he probably meant to say
Democrats 2016: 1) send Lena Dunham to campaign 2) lose election 3) blame Russia, FBI, everything 4) cheer CIA 5) asked by CIA to calm down
US Ambassador to Turkey addresses a number of key issues -alleged ISIS & Turkey oil trade, Gulen extradition 1
Odds & Ends.....
UN: The humanitarian evacuation of eastern #Aleppo has concluded with more than 35,000 people transported out of the city (ap)
80 civilians killed today in al-Bab by Turkish bombing2 the city. Because it is not Russian, it must be ok, I guess.
Goldman: "India cash availability at ATMs has gradually improved but the number of ATMs with cash continues to remain below 50%"
Now this is nuts...reminds me of the scene from The Terminator and Arnold's now legendary "I'll be back" line