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Top Stories

Global shares surge on bullish talk on China-US trade deal

AP - 03:55AM CST

BANGKOK (AP) — Shares were mixed in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade.

London’s FTSE 100 gained 0.3% to 7,314.36. Germany’s DAX rose 0.4% to 13,233.58, and France’s CAC 40 jumped 0.8% to 5,946.03. Wall Street also looked set for gains, with the futures for the Dow Jones Industrial Average and the S&P 500 picked up 0.3%.

Markets have swung from euphoria to alarm as officials in Beijing and Washington... (full story)

Huawei sells folding smartphone with no Google after

AP - 03:00AM CST
BEIJING (AP) — Chinese tech giant Huawei is selling its first folding smartphone without Google apps or U.S.-made processor chips following sanctions imposed by Washington. (full story)
GOOGL: 1,309.15 (+12.97)

Esper defends as fair Pentagon contract disputed by

AP - 02:16AM CST
SEOUL, South Korea (AP) — U.S. Defense Secretary Mark Esper said Friday he was certain that the awarding of a $10 billion cloud-computing contract to Microsoft instead of Amazon was done fairly. (full story)
IBM: 134.00 (-0.48), MSFT: 148.06 (+0.75)

Australia’s Qantas operates 19 ½-hour

AP - 02:01AM CST
PERTH, Australia (AP) — Australia’s national carrier Qantas on Friday successfully completed a 19 ½-hour, nonstop flight from London to Sydney, which was used to run a series of tests to assess the effects of ul... (full story)
QABSY: 23.1700 (-0.5800)

WeWork loses $1.25 billion in third quarter

AP - Thu Nov 14, 03:12PM CST
NEW YORK (AP) — WeWork racked up $1.25 billion in losses in the third quarter as it geared up for, and ultimately scuttled, its debut as a public company. (full story)

Powell urges Congress to tackle growing budget deficit

AP - Thu Nov 14, 02:22PM CST
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation’s economy. (full story)

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Market Commentary

Raw Sugar (SB) Consolidating Above Daily Chart Triangle Resi...
IF Fri Nov 15, 03:11AM CST
Raw Sugar (SB) consolidated yesterday following Wednesday's 2% surge above triangle resistance (on the daily chart) and downchannel resistance (on the weekly chart). Significantly, SB appears due for more healthy profittaking... (full story)
Elliott Wave View: Rally in Oil (CL_F) Remains Corrective
IF Thu Nov 14, 11:20PM CST
Since bottoming on Oct 3 at $50.99, rally in CL_F takes form of a corrective structure. This video looks at the Elliott Wave path. (full story)