Earnings Season! - Vine Vora's Market Update for January 8th, 2018
In tonight's update, Vince covers: 1) U.S. equities were fairly quiet today after a very strong finish last week but investors remain extremely optimistic. The Dow Jones Industrial Average dropped 12.87 points, the S&P 500 gained 4.56 points while the Nasdaq 100 added 20.83 points and the Russell 2000 close higher by 2.39 points. 2) GPRO stock went on a roller coaster ride today after a couple of major announcements. GPRO initially said it plans to cut more than 20% of its workforce and then announced that it hired JPMorgan to help put itself up for sale. 3) Earnings season officially kicks off later this week. These earnings reports usually present traders with many opportunities to profit. A few of the bigger names announcing this week are JPM, BLK and WFC.
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