The Wall Street averages were mixed at midday as advances in Apple, Microsoft buoyed the Nasdaq, but GE's continued slide weighed on the Dow.
Stocks are sharply lower as the Dow continues to alternate between triple digit moves upward and downward.
As an investor, I feel endless pain in hearing people say it's all about the central bank. If only I could forget the hard work of picking good stocks.
JetBlue is upgraded to 'hold,' and Yelp is initiated with an 'equal weight.'
Applied Materials is downgraded to 'underperform,' and American Express is initiated with a 'neutral.'
MetroPCS is upgraded to 'outperform,' and J.C. Penney is initiated at 2 firms.
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