Stocks Bounce Back up on Earnings (Bloomberg)
Following the S&P 500’s worst drop in more than six months, stocks rebounded today thanks to encouraging earnings reports and better-than-expected factory numbers. Earnings successes included quarterly dividend payers YUM! Brands Inc. (YUM) and Pfizer (PFE). “Main Street is still chugging along. Earnings have been fine,” Ethan Anderson, senior portfolio manager at Rehmann Financial in Grand Rapids, Michigan, said. “You put all these together and I’m just not seeing anything that’s suggesting that the train is off the track. We’re pretty much in a very healthy pullback. To me, it’s refreshing.”
Ten reasons to day-trade with mentors in a virtual room highlight why now is a…
Last year’s fourth-quarter downtrend for inflation looks to have bottomed out at just under the…
The intrinsic and extrinsic value of an option make up the total value of the…
Picture this: You've diligently saved for retirement your whole career, dutifully contributing to your 401(k),…
“Congratulations on your work. It has been a long slog to get the national accounts…
The broken wing butterfly and the butterfly spread are two different types of option trading…