GE abandons bid for German 3D printing firm SLM
http://www.reuters.com/article/us-slm-solutions-m-a-ge-idUSKCN12Q2AV
U.S. housing, trade data boost third quarter GDP growth prospects
http://www.reuters.com/article/us-usa-economy-idUSKCN12Q1VJ
Google’s Alphabet Experiment Misses Goal: Keeping Executives
https://www.bloomberg.com/news/articles/2016-10-26/google-s-alphabet-experiment-misses-key-goal-keeping-executives
The Week In Earnings…
http://www.reuters.com/finance/EarningsUS
Required Reading
Boeing rally lifts Dow, Apple weighs on S&P, Nasdaq U.S. housing, trade data boost third quarter GDP growth prospects Microsoft announces Windows update with 3D features Exclusive: Dr Pepper Snapple in talks to buy Bai Brands – sources Verizon executive says company needs more information about Yahoo hack
Listen To Wednesday’s Investor’s Edge Radio Show: 10/26/2016
Listen To Wednesday’s Investor’s Edge Radio Show: 10/26/2016 Listen to the show by clicking here. https://archives.warpradio.com/btr/investorsedge/102618.mp3
The Closing Look
Stocks opened lower but closed mixed on Wednesday after Apple Inc (AAPL) gapped down after reporting earnings. A slew of other stocks reported earnings as well and, so far, there is a slight bias to the downside. Meaning, more stocks are falling, after reporting earnings, than rallying. Stocks turned higher after oil prices reversed on…
The Closing Look
Stocks slid on Tuesday as investors digested a slew of earnings data. Consumer stocks fell hard, especially stocks that depend on people buying things for their home after reporting disappointing earnings. Sherwin-Williams (SHW), Whirlpool (WHR) and Masco (MAS), were some of the stocks that fell hard on Tuesday. On the economic front, consumer confidence came in…
The Morning Look
Market Update: Stock futures are lower ahead of Wednesday’s open after Apple reported its first annual revenue decline since 2001. Gary’s Thoughts: Apple no help. Think its more about it has already moved up…but no doubt, mature company with no growth. Futures yuck after yesterday’s yuck day. We now talk support levels again after one…