President Donald Trump said troop levels will be ramped up but no numbers were given. He also says the United States will not engage in nation building but rather 'terrorist killing'. The United States has been in a war, in some form or another, in Afghanistan since September 11, 2001. Also Defense Secretary General James Mattis made an unannounced visit to Iraq. He is visiting troops there and the Prime Minister. A Los Angeles jury ordered Johnson & Johnson (JNJ) to pay $417 million to a women who claimed that the talc in its iconic baby powder causes ovarian cancer. She alleged the company failed to warn customers about the dangers of talc powder. Johnson & Johnson said in a statement that it would appeal the judgment and that science supports the safety of its baby powder. Macy's (M) is adjusting to the new realities of retail by hiring a former eBay executive to be its new President.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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