Chart Of The Day: Apple Gaps Down After Reporting Lousy Numbers
Make sure you read Gary’s in-depth report on Apple, titled: Bad Apple -Read Here
BAD APPLE
“BAD APPLE!” By Gary Kaltbaum April 27,2016 For the better part of a year, there really has not been a reason to be bullish on shares of Apple. The fact is for the better part of a year, the stock has been an under-performer…thus not much to do. We think Apple has bigger problems now. Over-owned and…
Listen To Tuesday’s Investor’s Edge Radio Show: Stoolander Edition 04/26/2016
Highlights: 1. Market Wrap 2. Gary guides you through the latest round of earnings data and what it means for your bottom line 3. Gary talks Apple and dissects the numbers for you 4. Fed preview and what easy money is doing to markets
Forget the Cloud – ‘The Fog’ Is the Next Big Thing @FoxBusiness
http://www.foxbusiness.com/features/2016/04/26/forget-cloud-fog-is-next-big-thing.html
S&P Cuts Exxon’s ‘AAA’ Credit Rating @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/26/s-p-cuts-exxons-aaa-credit-rating.html
New York Times to shut some Paris operations, cut jobs
http://www.reuters.com/article/us-new-york-times-redundancies-idUSKCN0XN1U0
Exclusive: Brazil’s Temer to overhaul economy, central bank to rescue confidence
http://www.reuters.com/article/us-brazil-politics-exclusive-idUSKCN0XN2EV
Weak U.S. factory, consumer confidence data cloud growth outlook
http://www.reuters.com/article/us-usa-economy-durable-idUSKCN0XN1IC
U.S. economy seen growing 0.4 percent in first quarter: Atlanta Fed
http://www.reuters.com/article/us-usa-economy-atlantafed-idUSKCN0XN1YY
The Closing Look
Stocks were relatively quiet on Tuesday as the Fed began its two day meeting and investors digested the latest round of mixed earnings and economic data. U.S. durable goods orders rose +0.8% in March, missing estimates for a gain of +1.6%. Consumer confidence fell to 94.1, and missed estimates for 96. The PMI Service Flash index…