Tuesday, November 4, 2014

TUESDAY 11/4/14; NIKK Prints 17K; US Mid-Term Elections; Factory Orders; BABA; BKW; KORS; IP; VLO; UTIL and TRAN New All-Time Highs; ECB President Draghi Under Pressure; European Stocks Tank; DRYS; Republicans Win

The NIKK hits a new seven-year high as it opens for the first time this week up +2.7% to 16.8K. The Nikkei Index prints above the








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al 53 to 47 Senate. At any rate, the takeaway is that the republicans take control of the Senate as expected and also increase the membership in the House. President Obama has a bad night. The Whitehouse statement before the closing bell today was prescient; the president knew the elections were lost.

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