Cindy Ord / Getty Photos Traders ought to “beware” of a possible inventory market sell-off, in keeping with Fundstrat’s Tom Lee. In a notice on Wednesday, he highlighted the rationale for promoting the shares within the coming weeks. “We expect buyers simply should be vigilant,” he informed me. A possible inventory market sell-off is imminent, in keeping with certainly one of Wall Avenue’s most dependable bulls. Fundstrat’s Tom was my no one The most optimistic strategist on Wall Street when no one else was, His predictions made the buyers who adopted him massive cash. That is why Lee’s warning stands

(Provides particulars from earnings convention name) By Stephanie Kelly NEW YORK (Reuters) – U.S.-based Vitality Switch Corp. reported decrease earnings for the second quarter on Wednesday, regardless of larger transportation volumes in most vitality product sectors in comparison with a 12 months in the past. Adjusted earnings earlier than curiosity, tax, depreciation, and amortization (EBITDA) for the second quarter was $3.12 billion, in comparison with $3.23 billion for a similar interval final 12 months. Distributable money stream was $1.55 billion, up from $1.88 billion final 12 months. The corporate mentioned decrease pure gasoline and pure gasoline liquids costs affected the