Listen To Thursday’s Investor’s Edge Radio Show: Stoolander Edition 05/05/2016
1. Market Wrap 2. Gary takes a closer look at several important areas of the market for you 3. Gary covers important areas of support and tells you why they must hold
Murray Energy CEO: Coal Workers Don’t Want Clinton’s Welfare, They Want Jobs @FoxBusiness
http://www.foxbusiness.com/politics/2016/05/05/murray-energy-ceo-coal-workers-dont-want-clintons-welfare-want-jobs.html
Why Are Romney and Others Within the GOP Skipping the RNC? @FoxBusiness
https://video.foxbusiness.com/v/4879974619001/why-are-romney-and-others-within-gop-skipping-rnc#sp=show-clips
Tom Brady’s $200 Cookbook Has Already Sold Out @FoxBusiness
http://www.foxbusiness.com/features/2016/05/05/tom-bradys-200-cookbook-has-already-sold-out.html
College Grads Facing Best Job Market Since 2007 @FoxBusiness
http://www.foxbusiness.com/features/2016/05/05/college-grads-facing-best-job-market-since-2007.html
FCC backs Charter purchase of Time Warner Cable, Bright House: sources
http://www.reuters.com/article/us-twc-m-a-charter-idUSKCN0XW1OB
Depression reigns as EU presidents debate future of Europe
http://www.reuters.com/article/us-europe-presidents-idUSKCN0XW23L?il=0
Required Reading
Scottish isle a world away from fireworks of native son Trump Trump fleshes out economic ideas Republicans torn on supporting Trump Prince had painkiller Percocet in his system: reports Shift in Saudi oil thinking deepens OPEC split Obama commutes prison sentences of 58 people Brexit outcome may
The Closing Look
The bulls were disappointed on Thursday after the bears showed up and sent stocks lower. Before the open, futures were higher after oil prices spiked nearly 5%. The Dow Jones Industrial Average and S&P 500 pulled right into their respective 50 DMA lines and were due to bounce. The inability to bounce speaks volumes to how…