[su_spoiler title=”Monday-Wednesday’s Action: Earnings Continue To Be Released” style=”fancy”] Stocks rallied sharply on Monday after China took more steps to stimulate their economy. Over the weekend, China’s Central Bank, The People’s Bank of China, lowered the reserve requirement ratio for banks to 18.5% from 19.5%. The 100 basis point cut was the largest move since…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Stocks Fall As Earnings Season Begins Stocks rallied last week as investors digested the latest round of largely lackluster economic and earnings data. The big winners (so far) from earnings season include: Amazon.com ($AMZN), Netflix ($NFLX), Hasbro ($HAS), Domino’s Pizza ($DPZ), Sketchers ($SKX), Dunkin (Donuts) Brands Group ($DNKN), Google…
Market Update: The major averages continue to go nowhere fast as the latest round of economic and earnings data continues to be released. The major averages are trading near their respective highs as investors are trying to make heads or tails with the latest data and -more importantly – what The Fed will do at their June meeting….
[su_heading style=”modern-2-dark” size=”20″] Market Update[/su_heading] The major averages continue to go nowhere fast as the latest round of economic and earnings data continues to be released. The major averages are trading near their respective highs as investors are trying to make heads or tails with the latest data and -more importantly – what The Fed…