U.S. car, truck sales downshift in January; Toyota falls 11%
http://www.reuters.com/article/us-usa-autos-idUSKBN15G4NF
Thursday’s Morning Look
Market Update: Stock futures are lower before Thursday’s open as investors digest a busy week of Central Banks, Earnings and Economic data. The always fun jobs report is scheduled to be released before Friday’s open. Gary’s Thoughts: Futures down a wee bit. As we stated yesterday, starting to see a few failed breakouts…including the indices…
Thursday’s Pre-Market Look: Stocks In The News Before The Open
Merck — The Dow component matched estimates with adjusted quarterly profit of 89 cents per share, while revenue was slightly below forecasts. Merck’s results were impacted by a stronger dollar, as well as the loss of market exclusivity on certain drugs. Facebook — Facebook reported adjusted quarterly profit of $1.41 per share, 10 cents above…
New York sues Charter, alleges Time Warner fraud on internet speeds
http://www.reuters.com/article/us-charter-commns-lawsuit-idUSKBN15G4M2
Fed holds interest rates steady, remains upbeat on economy
Big relief, the Fed is upbeat on the economy! http://www.reuters.com/article/us-usa-fed-idUSKBN15G5D5
Chink in Under Armour: slow down in sales growth seen as new normal
http://www.reuters.com/article/us-under-armour-results-research-idUSKBN15G5K0?il=0
Required Reading
DeVos rejection looms Live: Trump’s first 100 days Tillerson confirmed as secretary of state Democrats vow fight on top court nominee Trump to GOP: Get tough on Gorsuch vote Trump likely to face questions over travel ban in CEO’s meeting Friday Iran confirms missile test, drawing tough response from Trump aide Beyonce’s surprise twins announcement…
Wednesday’s Closing Look
Stocks closed mostly higher after Apple (AAPL) surged 6% and the Fed held rates steady. Overall, earnings are on track to grow 7% in Q4 2016 which means the earnings recession is over. The Fed held rates steady and said “Measures of consumer and business sentiment have improved of late.” This was led many people to…
Listen To Wednesday’s Investor’s Edge Radio Show: 02/01/2017
Listen To Wednesday’s Investor’s Edge Radio Show: 02/01/2017 Click Here: https://archives.warpradio.com/btr/investorsedge/020118.mp3