Banks pile into equities trading as salve for bond wounds
http://www.reuters.com/article/us-usa-banks-stocktrading-idUSKCN0XH2BG?il=0
The Closing Look
Stocks rallied on Wednesday after crude oil broke out and hit a fresh high for 2016. This helped a slew of commodity stocks rally which lifted the broader indices. Earnings data was mixed. Shares of Yahoo (YHOO) and United Healthy (UNH) rallied after reporting numbers but others fell. Economic was relatively light. Existing home sales beat estimates…
The Morning Look
Stock Market Overview: Futures are relatively quiet ahead of Thursday’s open as investors digest the latest round of earnings data. Gary’s Thoughts: After yesterday’s close, we reported to you that late in the day, gold and gold stocks petered out. The thought process was that the move had become tired. Never mind! Gold gapping up today as the…
Listen To Tuesday’s Investor’s Edge Radio Show: Stoolander Edition 04/19/2016
Highlights: 1. Market Wrap 2. Gary breaks down the latest earnings news for you 3. Find out what areas matter and why
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http://www.foxbusiness.com/markets/2016/04/19/goldman-sachs-profit-falls-for-fourth-straight-quarter.html
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http://www.foxbusiness.com/markets/2016/04/19/march-housing-starts-drop-8-8.html
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