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Everything is AWESOME! ; The Nasdaq is about to hit 5,000 and AMZN costs over 200 times what it makes in a year and NFLX costs 100 times what it makes and people think that's AWESOME! ;After all, Americans love overpaying for things – it makes us feel rich and, if you are… Read entire story.
Source: Phil’s Stock World
An afternoon bout of selling dampened the day as gains were wiped out by the close. A quiet session as stocks rose slowly for much of the day. It wasn’t until the close to where we saw a big seller whack the market lower. Crude prices fell on the session …
Among the companies whose shares are expected to see active trade in Wednesday’s session are FedEx, Jabil Circuit, and Red Hat.
The BoC, BoE, and Fed will all be updating markets on their recent perspectives and implications on monetary policy today.