These stocks were big winners when the Fed jolted the economy with three rate cuts in the ’90s

October 31, 2019 By: adminbackup

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Chart of Day… Beyond Meat

October 30, 2019 By: adminbackup

Keep an eye on Johnson & Johnson (JNJ). One of my favorite ways to make money is by waiting on excessive fear. Look at Johnson & Johnson (JNJ) for example. In October 2019, the stock began to plunge out of the sky.  Investors feared the worst.  All after the company recalled a single lot of Johnson’s Baby Powder.  In fact, according to the company’s press...

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Powell aces tricky Fed transition to ending interest rate cuts, doing ’100% the right things’

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The iPhone trade-in program is booming, and saving Apple’s earnings

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Bulls Rally in Final Hour as Fed Cuts Rates

By: adminbackup

U.S. markets were tepid ahead of the Fed’s decision on interest rates with the major averages showing weakness on the open but some strength ahead of the news. As expected, a quarter-point reduction was announced with the action muted as Wall Street awaited further developments.Fed Chairman Jay Powell’s comments afterwards were once again scrutinized but this time helped sentiment as the...

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Markets Tentative Ahead of Fed’s Decision on Interest Rates

October 29, 2019 By: adminbackup

U.S. markets were slightly weak to start Friday’s action following a couple of high profile earnings misses and slightly disappointing economic news. However, the major indexes got a lift following signs the U.S. and China are close to finishing some sections of the phase one trade accord. Treasury Secretary Steve Mnuchin and U.S. Trade Representative Robert Lighthizer held a phone call with...

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