Stocks are moving higher after Apple, Facebook, and Verizon reported strong first-quarter earnings.
Facebook is climbing after it announced advertising sales had increased and the number of daily users is growing. Apple shares, which have been under pressure, are also moving higher.
March new home sales dropped 14.5% to 384,000 from 449,000. Meridian Equity Partners' Jon Corpina believes a lack of economic reports is why the report is getting so much attention today.
David Nelson of Belpointe Asset Management says Aereo is facing the same problem in court that Napster faced, which is not paying for the content. Of course, Napster lost that battle.
Gilead delivered healthy earnings thanks to huge sales of its hepatitis C drug Solvaldi, even though insurers are pushing back about the price of the treatment.
Stocks traded higher on Tuesday as company earnings tended to be on the strong side. Netflix, Comcast and Xerox all beat analyst expectations with strong first quarter earnings.
Strong first quarter earnings from Harley Davidson and Comcast helped to push stocks higher, while McDonald's seemed to be the only weak spot for sales.
Bad winter weather kept people from going through the drive thru at McDonald's, but that wasn't the problem over at Harley Davidson, where shoppers had no problem going out into the bad weather to push sales higher.
With Europe closed and Boston traders shut down for the marathon, trading was muted. Gold closed at a two week low, while crude ended at a seven week high.
Princeton Securities' Ben Willis says investors can no longer just buy a stock index and watch it go up -- investors have to look more closely at individual stocks.