Stocks opened higher but closed lower on Monday after the latest round of tepid economic data was released. Over the weekend, the G-20 meeting disappointed investors while China announced more easy money. China’s stock market fell again which prompted China’s Central Bank to cut it’s reserve requirements in another attempt to stimulate their market. In the U.S,…
Investor’s Edge: 02/29/2016
Link: http://www.scribd.com/doc/301235528/CF-Finance-Donors-Table
China Reserve-Ratio Cut Signals Growth Takes Priority Over Yuan
http://www.bloomberg.com/news/articles/2016-02-29/pending-sales-of-u-s-existing-homes-fall-by-most-in-two-years
Stock Market Overview: Futures are slightly higher ahead of Monday’s open. Stocks rallied sharply over the past three weeks and are now trading near important areas of resistance (the 50 DMA line). Gary’s Thoughts: Caerful! Google the words “eye of the hurricane!” Economic Data: Chicago PMI 9:45 AM ET Pending Home Sales Index 10:00 AM ET Dallas Fed Mfg…
http://www.foxbusiness.com/markets/2016/02/26/week-ahead-february-jobs-report.html
https://video.foxbusiness.com/v/4777466294001/whats-at-stake-on-super-tuesday
http://www.reuters.com/article/us-global-economy-weekahead-idUSKCN0W00KG
http://www.foxbusiness.com/markets/2016/02/27/buffett-us-economy-better-than-presidential-hopefuls-say.html
