Dick’s CEO: “The Retail Industry Is In Panic Mode”

With Dick’s stock crashing after reporting dreadful results this morning, in which both comp sales and EPS missed as the company slashed its full year guidance below even the lowest sellside forecast (it now sees full year EPS of $2.80 to $3.00, below the previous guidance of $3.65 to $3…

Source: http://ift.tt/2vG7FZN

The Next Stock Market Crash Will Be Blamed On Donald Trump (But This is the REAL Culprit)

A stock market crash is coming.  The Culprit for This Coming Financial Collapse is The Fed. The Scapegoat?  The Donald… Since November 7th, the Dow is up by about 3,000 points.  That is an extremely impressive rally, and President Trump has been taking a great deal of credit for it…

Source: http://ift.tt/2vezM3H

Morning Snapshot: Gold continues to consolidate near 6-week high set last week

Gold remains well bid, within striking distance of the 6-week high established last week at 1270.83. Fresh 6-week highs would return focus to the high for the year set in early-June at 1296.06. June personal income disappointed, coming in unchanged, against expectations of +0.4%…

Source: http://ift.tt/2w4wfDC