Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 22nd of May.
Target and Lowe's Both Miss
Both Target (NYSE:TGT) and Lowe's (NYSE:LOW) missed their estimated earnings this morning and disappointed Wall Street. Both companies blamed the miss on bad spring weather. I guess you have to point to something when you miss what everyone is expecting. We will be looking at Target and Lowe's today. [Read more...]