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After a furious bounce back rally the previous thirteen sessions, the market opened higher on Thursday but reversed hard to the downside creating “bearish engulfing candles” all over. This is bearish in the short term and it’s no surprise that…
Disney (DIS) after the close today reported a quarter that shows their business under pressure but not collapsing. Overall revenue was down 7% from the year ago period including 2% at their media networks and 9% at parks and resorts. …
July’s Employment report is the gift that keeps on giving. Nearly every element of it is positive. – Paul Ashworth, Capital Economics More importantly, with the fall off in the pace of job losses appearing to be gaining some traction…
NOTE: Every week or two I wrote a Client Note for my clients. I post the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the Client Notes at the same…
We have become very, very bullish over the last 6 to 9 months, believing there’s lots and lots of upside…. – John Rogers, CEO, Ariel Investments, this morning on Squawk Box