While earnings have been relatively good for the month of August, there has been normal pull back in the markets despite August being the worst monthly loss for the markets since 2012. Moreover there does not seem to be a sense of panic although there is a lot of confusion among analysts over what the Fed might have up its sleeve. In all of its ups and downs this year has certainly been the year of redemption for such stocks as Best Buy, Zales, and even Gamestop. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Making Your Market on Fox Business to examine if other companies can emulate these companies that have found redemption.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: best buy, blackberry, Earnings, ed butowsky, financial advisor, fox business, gamestop, j. c. penney, radio shack, redemption stocks, stocks, wealth manager