Of Black Mondays and Pink Slips

Of Black Mondays and Pink Slips

On this MarketFoolery podcast, host Mac Greer, Total Income's Ron Gross, and Million Dollar Portfolio's Matt Argersinger discuss the past, the present, and the future. Black Monday hit Wall Street 30 years ago Thursday, and some of the causes are still part of the market environment.

E-commerce site eBay (NASDAQ: EBAY) delivered a quarterly result that looks pretty good, until you set it next to its rivals' performance. United Continental (NYSE: UAL) managed to beat on earnings, but it helped itself out by slicing its forecast last month. Also, much-troubled meal-kit service Blue Apron (NYSE: APRN) announced it's laying off 300 people -- or 6% of its workforce. So where do these companies go from here?

A full transcript follows the video.

Continue reading

Source: Fool.com