Mitsubishi Motors says Japan orders halved; chief says no plans to resign
http://www.reuters.com/article/us-mitsubishimotors-regulations-finance-idUSKCN0XO0T8
March Durable Goods Orders Rise Less Than Expected @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/26/march-durable-goods-orders-rise-less-than-expected.html
Required Reading
‘Presidential’ Trump flexes foreign policy muscle Presidential nominating system ‘rigged’: poll Fed signals no rush to raise rates as pace of U.S. recovery moderates SpaceX targets 2018 for first Mars mission Police probe death at Apple headquarters in California: reports Possible Manson Family victim identified after 50 years: report
The Closing Look
Stocks opened lower but closed mixed on Wednesday after the Fed reiterated its easy money stance and investors digested a slew of earnings data. Separately, Crude oil hit a fresh high for 2016 which helped a slew of energy stocks continue to rally. On the economic front, pending home sales came in at 1.4%, beating…
Chart Of The Day: Apple Gaps Down After Reporting Lousy Numbers
Make sure you read Gary’s in-depth report on Apple, titled: Bad Apple -Read Here
BAD APPLE
“BAD APPLE!” By Gary Kaltbaum April 27,2016 For the better part of a year, there really has not been a reason to be bullish on shares of Apple. The fact is for the better part of a year, the stock has been an under-performer…thus not much to do. We think Apple has bigger problems now. Over-owned and…
Listen To Tuesday’s Investor’s Edge Radio Show: Stoolander Edition 04/26/2016
Highlights: 1. Market Wrap 2. Gary guides you through the latest round of earnings data and what it means for your bottom line 3. Gary talks Apple and dissects the numbers for you 4. Fed preview and what easy money is doing to markets
Forget the Cloud – ‘The Fog’ Is the Next Big Thing @FoxBusiness
http://www.foxbusiness.com/features/2016/04/26/forget-cloud-fog-is-next-big-thing.html
S&P Cuts Exxon’s ‘AAA’ Credit Rating @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/26/s-p-cuts-exxons-aaa-credit-rating.html
New York Times to shut some Paris operations, cut jobs
http://www.reuters.com/article/us-new-york-times-redundancies-idUSKCN0XN1U0