Investor’s Edge: 10/30/2015
Investor’s Edge: 10/30/2015
Good And Bad For The Week
Good: Stocks enjoyed large gains in October as Central Banks continue their easy money stance Stocks enjoyed large gains in October as Central Banks continue their easy money stance Stocks enjoyed large gains in October as Central Banks continue their easy money stance Bad: Stocks enjoyed large gains in October as Central Banks continue their…
Anatomy of a top revisited – Valeant Pharmaceuticals $VRX
More bad news continues to come out from the Valeant Pharmaceuticals (VRX) story. We have no idea how this ends up but the writing has been on the wall for months for the stock. Due to popular demand here is another look at Gary’s article from last week, promptly titled, “Anatomy of a top.” Originally Published on…
Time for the Mets to wake up!
Alright boys…time to wake up those bats as we head to Citifield. We will have our usual award winning, in-depth, over-the-top weekend report to you on Sunday. Do not miss it. Lots of jello moving on the plate as housing tops, retail stinks, biotech blah, commodities still aint happening and small/midcaps continue to underperform but…
Can Detroit Beat Google to the Self-Driving Car?
http://www.bloomberg.com/features/2015-gm-super-cruise-driverless-car/
These Charts Explain Why China Scrapped Its One-Child Policy
http://www.bloomberg.com/news/articles/2015-10-29/these-charts-explain-why-china-scrapped-its-one-child-policy
Time Warner Cable, Charter expect deal closing in first quarter 2016, not 2015
http://www.reuters.com/article/2015/10/29/us-twc-results-idUSKCN0SN13N20151029
As Oil Outlook Dims, Industry Slips into the Red @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/29/as-oil-outlook-dims-industry-slips-into-red/?intcmp=bigtopmarketfeaturesside
Third Quarter GDP Missed Estimates
The Commerce Department said Thursday that third-quarter GDP expanded at 1.5% annual rate (annualized and adjusted for inflation). That’s less than half the 3.9% growth rate in the second quarter, and slightly below the Thomson Reuters estimate of 1.6%. GDP represents the total value of goods and services produced in the U.S.