Stocks opened higher but ended mixed on Friday after the government said GDP rose 1%, beating estimates for a 0.4% gain. It was a volatile week on Wall Street but after all was said and done, stocks rallied nicely and are now trading near stubborn resistance (declining 50 DMA lines). The G-20 meeting of central…
Gary Covers: The Market Wrap – Gary tells you what’s happening in the market right now Strongest Groups in the market What areas to avoid The current oversold bounce Investor’s Edge: 02/26/2016 Listen to today’s show by clicking here.
Highlights From The Show: – Market Wrap – Important levels of support and resistance for you to watch – Sector Analysis – Find out the strongest sectors in the market right now – Get the Good and Bad From Earnings Season – The Counter Trend Rally – What It Means For You February 25, 2016/…
As a lesson…the nut jobs bought up WEIGHT WATCHERS ($WTW) because of Oprah! And now we find out no one cared. WTW is down 25% this morning on poor numbers…and has now almost round-tripped. If you bought the excitement, you paid mid-high 20s…trading now under $12. PAY ATTENTION!
Stock Market Overview: Futures are up nicely ahead of Friday’s open and the GDP report. Stocks are higher after Wednesday’s very strong positive reversal. The next level of resistance to watch is Monday’s high and the 50 DMA line. Gary’s Thoughts: Gap to the upside as Dow/S&P back above 50 day as of yesterday’s close. Maximum…
Bloomberg: China sends a stimulus signal The People’s Bank of China tweaked the description of its monetary policy stance overnight, defining current policy as “prudent with a slight easing bias.” While the change may seem small, it is being viewed as a clear signal to markets when coupled with comments from Governor Zhou Xiaochuan in…
Bloomberg: RBS plummets Shares in Royal Bank of Scotland Group Plc fell as much as 12 percent in London trading after the bank reported a net loss of £1.98 billion ($2.77 billion), its eighth annual loss. The bank, in which the U.K. government has a majority stake, said that it expected income to decline at its…
http://www.foxbusiness.com/features/2016/02/25/life-after-gridiron-eddie-george-tackles-athletes-finances.html
http://www.foxbusiness.com/features/2016/02/25/market-volatility-wont-steal-m-as-thunder.html
