Keep up to date with every new upload!

Join free & follow Financial Review
Share
  • 2 years ago
Focus on Earnings

Focus on Earnings

…..Stocks pull back from records. Tech finally recovers from Dot Com. Fangs lead the market. Earnings the only thing to add volatility. GE weak earnings. Honeywell beats. Amazon has a pricing problem. Wells rehires whistleblower that didn’t exist. BofA bolts London for Dublin. Dark net crackdown. So long Spicey. Financial Review by Sinclair Noe for 07-21-2017   DOW – 31 = 21,580 SPX – 0.91 = 2472 NAS – 2 = 6387 RUT – 6 = 1435 10 Y – .03 2.23% OIL – 1.25 = 45.67 GOLD + 10.50 = 1255.50   Stocks pulled back from record highs earlier this week.  For the week, the Dow fell 0.3% but the S&P 500 is up 0.5% and the Nasdaq added 1.2%. The Nasdaq is coming off a 10-day string of gains, matching its longest streak since Feb. 24, 2015 – so a pullback today was overdue.   At long last, tech stocks have finally recovered all the losses they suffered during the bursting of the dotcom bubble in 2000. It only took 17 years. The S&P 500 Information Technology Index closed Wednesday at an all-tim

Comments