What Procter and Gamble’s Strong Report and Rising Jobless Claims Mean
The major indexes are flat Friday morning as investors consider what this past week’s earnings reports mean for the state of the economy. Jobless claims rose more than expected according to Thursday’s data, and the Philadelphia Fed Manufacturing Index revealed a...
My Top ETF and Option Play as Tesla Drags Down Tech Stocks
The major indexes stumbled Thursday morning as investors considered the latest round of earnings reports. Disappointing results from Tesla Inc. (NASDAQ: TSLA) dragged down tech stocks as the electric car manufacturer reported a decline of more than 20% in both net...
My Top Short and Long Trades as Netflix Reports
The major indexes slipped Wednesday morning as traders weighed the latest round of earnings reports while concern over rising rates grew. The 2-year Treasury yield rose to 4.3% on fears the Federal Reserve will raise rates at its next meeting on May 3. Shares of...
My Top Long and Short Plays Heading Into the Meat of Earnings Season
The major indexes rose Tuesday morning as several better-than-expected earnings reports indicated companies are faring better than investors initially feared. Health care giant Johnson & Johnson (NYSE: JNJ) beat earnings estimates and raised forward guidance for...
Danger Ahead as Market Braces for a Big Week of Earnings
The major indexes are flat to start the week as the market awaits a bevy of upcoming earnings reports. This week’s reports will set the tone for the rest of earnings season, and give investors some insight into the health of these companies and the economy....GET IN TOUCH
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