Stocks fell on Tuesday after the major indices rallied right into their declining 50 day moving average lines on Monday. This is a logical area of resistance and as we have mentioned a logical area for the market to encounter some trouble. Oil prices fell hard on Tuesday after Saudi Arabia said they do not…
Investor's Edge: 02/23/2016Listen to today’s show by clicking here.
We continue to notice that Apple is showing no relative strength when the market rallied as it trades below it’s declining 50 DMA line. Apple’s estimates are for a 10% sales drop and a 16% earnings drop, their worst quarter in ages. Even with the usual sandbag, these numbers speak for themselves. No Position
http://www.foxbusiness.com/features/2016/02/23/newly-registered-drones-outnumber-planes.html
http://www.foxbusiness.com/markets/2016/02/23/saudi-oil-minister-dont-bank-on-output-cut.html
February 22, 2016 Investor’s Edge: 02/22/2016 Listen Here
These socialists (including here) will never learn that debt is bad but when using other people’s money…who gives a crap? SOURCE: http://www.bloomberg.com/news/articles/2016-02-23/trudeau-drops-campaign-promises-and-goes-all-in-with-deficits
http://www.foxbusiness.com/features/2016/02/22/billionaires-margarita-at-1200-pop.html
