by Jamie Johnson | Aug 8, 2019 | Markets
The company’s third-quarter earnings and revenue fell short of analyst expectations. Disney delivered its third-quarter earnings report on Tuesday and the company missed the mark on revenue and earnings. This caused the company’s shares to drop more than 3% in...
by Dorian Holden | Aug 7, 2019 | Markets
Panic has resumed in a big way. A day after a brief respite, the Dow Jones Industrial Average just plunged 500 points, forcing it below its 200-day moving average. And unless we see near-term calm, the Dow could easily test prior support at 24,680 – a nearly...
by Jamie Johnson | Aug 7, 2019 | Markets
The company’s shares are up 55% from a year earlier. Monday was a gloomy day for those following the stock market, as the Dow plunged more than 700 points. But the bright side came once Shake Shack released its second-quarter earnings report after market close. ...
by Dorian Holden | Aug 6, 2019 | Markets
Deepening rifts between the U.S. and China could do a good deal of damage to oil prices. Already, the excessive back and forth has sent prices lower on fears of a severe economic slowdown, or even a recession. In fact, oil demand could get worse from here, as...
by Dorian Holden | Aug 6, 2019 | Markets
The trade war is getting worse by the day. After President Trump announced 10% tariffs on $800 billion worth of Chinese imports, China responded by halting U.S. agricultural products. It also weakened the yuan. That’s what lead to the Dow plummeted more than 800...
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