More Charts Of The Day: Nasdaq Composite and Nasdaq 100 Forming Bear Flags
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Investor’s Edge: 02/04/2016
February 4, 2016/ Investor’s Edge: 02/04/2016 Listen to todays show by clicking here.
What Americans Are Doing With Money Saved From Low Gas Prices @FoxBusiness
https://video.foxbusiness.com/v/4737226692001/what-americans-are-doing-with-money-saved-from-low-oil-gas-prices/?#sp=show-clips
ConocoPhillips the Latest to Slash Dividend and Spending @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/04/conocophillips-latest-to-slash-dividend-and-spending.html
Why Big Brands Are Skipping Super Bowl 50 @FoxBusiness
http://www.foxbusiness.com/features/2016/02/04/why-big-brands-are-skipping-super-bowl-50.html
Oil falls in volatile trade amid weak dollar, producer meet uncertainty
http://www.reuters.com/article/us-global-oil-idUSKCN0VD03Q
Rising U.S. layoffs hint at ebbing labor market momentum
http://www.reuters.com/article/us-usa-economy-idUSKCN0VD1S8
Required Reading Of The Day
Shkreli tweets loud, says nothing Viacom names CEO Dauman as chair; Shari Redstone opposed Exclusive: New U.S. bill being drafted to reform human trafficking rankings Bowing to pressure, FDA to reform painkiller approval process
The Closing Look
Stock Market Commentary: Stocks opened lower on but closed higher on Thursday as the US dollar continued to fall gold continued to bounce. Oil prices fell and closed lower on Thursday after encountering resistance near January’s high. More stocks gapped down after reporting lousy numbers. Shares of Ralph Lauren plunged over 20% after reporting a…