The Morning Look
Market Update: Stock futures are quiet ahead of Friday’s open as the market pauses to digest this week’s strong rally. GDP comes out at 8:30 and Yellen speaks at 1:15, just in time ahead of the long weekend. Stocks will be closed on Monday for Memorial Day. Gary’s Thoughts: The positive bias continues. Have a great…
The Closing Look
Stocks were relatively quiet on Thursday as investors digested the latest round of economic data and Tuesday and Wednesday’s strong rally. Weekly jobless claims slid by 10k to 268k, beating estimates for 275k. Durable goods rose 3.4%, beating estimates for 0.3%. Meanwhile, pending home sales, jumped 5.1%, easily beating the Street’s forecast for 0.8%. Gary’s…
Listen To Thursday’s Investor’s Edge Radio Show: Stoolander Edition 05/26/2016
Highlights: 1. Market Wrap 2. Gary breaks down Thursday’s quiet action for you 3. Find out what areas of the market are on Gary’s radar
The next California debate: Sanders versus…Trump?
http://www.reuters.com/article/us-usa-election-trump-sanders-idUSKCN0YH1D5
New Whole Foods chain 365 faces tough mission: Cut prices without being ‘cheap’
http://www.reuters.com/article/us-wholefoodsmarket-idUSKCN0YG1ES
Oil tests out $50 a barrel as supply concerns resurface
http://www.reuters.com/article/us-global-oil-idUSKCN0YH01R
GOP Moves to Gut Net Neutrality, FCC Budget @FoxBusiness
http://www.foxbusiness.com/features/2016/05/26/gop-moves-to-gut-net-neutrality-fcc-budget.html
Media Players Rally on Report of Apple Eyeing Time Warner @FoxBusiness
http://www.foxbusiness.com/markets/2016/05/26/media-players-rally-on-report-apple-eyeing-time-warner.html
Disney CEO Fires Back at Bernie Sanders @FoxBusiness
https://video.foxbusiness.com/v/4913445599001/disney-ceo-fires-back-at-bernie-sanders