The Traderszone Network

Americans now say by 50%-42% they want Democrats to control Congress after the 2018 mid-term elections, according to a new NBC/WSJ poll.

Reuters citing US officials, with more now:
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(Note … there had been media reports of the test a little earlier)

With an internal probe over, Hain’s CEO is upbeat on what’s ahead and a silver lining to the Amazon-Whole Foods deal.

And, if you’re in London make your plans to clear your diary for that day, Yellen will be speaking there!
– June 27 2017
– 1700GMT
– No prepared text
– There will be audience Q&A
Speaking on global economic issues with the head of the British Academy

I believe there are 7 banks that fall under CCAR.

I was listening to the matter of whether the banks will pass the stress test, i.d. whether the fed object to their proposed capital actions or not. All 7 are expected to pass the quantitative. The only portion I hear concern for is the qualitative of some.

CCAR
quant and quali

DFAST
quant only

The banking sector has taken a beating lately; although, not all banks have been blighted. Regional banks are only held to the less intensive…

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Bloomberg citing two unnamed sources for this, saying Morgan Stanley is close to picking Frankfurt for its new European Union hub
The bank is making preparations in advance for Brexit

BioMarin Pharmaceutical (BMRN), like the overall biotech industry ($DJUSBT), has struggled for the past 18 months to clear overhead price resistance.  But over the past couple trading sessions, we have seen one biotech company after another clear resistance on strong volume and accelerate.  It appears that BMRN is awaiting its turn.  While its gains this week have been strong, the best may await on a breakout.   Here’s the longer-term weekly chart:

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