Nikkei. Overnight in asia not good. 2 drop wrapping up what is the worst week in three years. Of course concern about china in terms of exports or lack thereof. A look at europe where we also are going to see a good amount of weakness. The follow through as you might expect from here yesterday, a day in which we saw the s p down almost 2 and the nasdaq nasdaq down 3 . Lot more than that. Yeah. Lets get to our road map this morning as you might imagine. Does start with that meltdown if you want to call it that in the markets. Stocks slide around the world. You just saw. Is this the start of a correction . The tip of the spear, jpmorgan profits disappointing. Jamie dimon confident in the american recovery. How will the banks weak results drag on the market and other financials. The flip side wells fargo profits up 14 and those shares are rising. Another bad month for sales at gap. Gap discloses a 6 drop in march samestore sales after a disappointing february. Gross margins taking a hit.
Fell 167, the nasdaq 48, s p 20, and gold lost 7 dollars will oil oil slipped 50 cents. Traders are paying especially close attention to the nasdaq which racked up it s worst 3 days of losses since 2011. Gms chevy impalas from 2003 to 2010 may have an air bag defect. According to an auto safety group. The percentage of Americans Without Health Insurance is at its lowest level in nearly 6 years according to a new poll. Ben and jerrys is handing out free ice cream cones around the world to celebrate its 36th anniversary. Matt shapiro, president of mws capital, joins us on this tuesday. Matt, it has been a couple of ugly trading sessions. How do investors go from not panicking and possibly making a profit on this market . Theres been a lot of stocks that have come down to attractive points. If you look at the biotech, the technology sectorwere coming into earnings season. I say take advantage of a lot of the high flying stocks that have come down. Take a look at the High Frequency trading
Garner Asset Management Corp reduced its position in shares of Farmland Partners Inc. (NYSE:FPI – Free Report) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 384,330 shares of the financial services provider’s stock after selling 33,766 shares during the […]
Garner Asset Management Corp cut its position in shares of Farmland Partners Inc. (NYSE:FPI – Free Report) by 8.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,330 shares of the financial services provider’s stock after selling 33,766 shares during the […]
Farmland Partners Inc. announced that Susan Landi has been appointed to the Company?s executive team as Treasurer. Ms. Landi, the senior accounting professional at FPI for over four years, assumed her.