Stock Market Commentary: Stocks rallied on Thursday after investors made their way past Wednesday’s Fed meeting and digested the latest round of earnings and economic data. Facebook (FB), PayPal (PYPL) and Under Armour (UA) were some stocks that rallied after reporting numbers on Thursday. Meanwhile, eBay (EBAY), Harmon (HAR), and Service Now (NOW) gapped down after reporting numbers. Economic data […]
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Entries by Gary Kaltbaum
Investor's Edge: 01/28/2016Listen to today’s show by clicking here.
We told you two things recently…that a low was put in on last Wednesday’s washout (for now…and in a bear market) but expected things to be jagged. The past four days of the Dow were +210, -208, +292 and -222…and now we walk into another gap to the upside. Yesterday, Apple affected things negatively. Today, Facebook affects […]
Stock Market Overview: Stock futures are strong on Thursday as the market does the usual about-face from whatever happens on Fed day! Gary’s Thoughts: Facebook a huge help. It has helped the NDX but also enabled but Google and Amazon to get back the large losses from yesterday. Hey…you play this! Just remember, the low from last Wednesday […]
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