The Traderszone Network

These Dow stocks will lead the way if the benchmark rebounds this week.

Moody’s affirms Aaa ratings for Alberta, but changes its outlook to negative
–
from stable
– “negative outlook for the Province of Alberta reflects the rising risk that the province’s fiscal position will deteriorate further than previously expected in an environment of protracted low oil prices and deterioration of economic activity”
–

In Saudi Arabia, the Tadawul All Share Index plunged 5.4% on Sunday and dropped further on Monday before ticking up a smidgen. It’s at the lowest level since March 2011. Soothsayers blamed oil, and what Iran will do to the already oversupplied oil market now that the nuclear sanctions have been lifted. But Saudi stocks started losing it in September 2014 and have since collapsed 50%.

read more

Frey co-founded the Eagles and enjoyed a career at the top of the rock charts with hit songs such as “Hotel California” and “Take It Easy.”

Back in September, when Berlin and Brussels were busy devising a quota plan to settle the millions of Mid-East asylum seekers flooding into the country, Slovakia said that if Germany called for financial penalties against countries unwilling to accommodate their “share” of migrants, it would be “the end of the EU.”

read more

ANZ Roy Morgan Weekly Consumer Sentiment data
– For the week ended January 17

Comments from ANZ:
– Fell a modest 0.8% last week
– Levels just a tick (0.4%) above their long run average.
–

87% of people don’t understand this rapidly growing market. Do you?