Become a Millionaire
We have all seen the program on TV where the contestant answers questions and earns money. If they can answer enough questions they will win one million dollars. The dollar value of each question...
View ArticleWealth Building
What are your wealth building goals? A comfortable retirement? A quality college education for you child? A down payment on your first home? No matter what your wealth building goals, no matter what...
View ArticleB of A Raises Capital Sells Shares
Stocks are pointing to a higher opening, as investors are in relief that Bank of America was able to raise some capital with relative ease. Even though B of A is selling 1.25 billion shares to the...
View ArticleDow Continues to Struggle
The market treaded water yesterday, but is selling off this morning. The ADP National Employment Report, which is a number that has been monitored lately, showed a decrease in jobs by 532,000. This was...
View ArticleFirst Down Week in Five
The market suffered its first loss in five weeks and the pullback is likely to continue this morning. Many traders had been anticipating some sort of correction, me included, but late second quarter...
View ArticleBest Quarter Since 1998
As we get ready to end the best performing quarter since 1998, investors look forward to the start of earnings season. The S&P 500 soared more than 16% since the start of the 2nd quarter. This was...
View ArticleCredibility In Crisis
“We have inherited an economic crisis as deep and as dire as any since the Great Depression.” – President Barack Obama “In my adult lifetime, I don’t think I’ve ever seen people as fearful...
View ArticleIntel Beats, Market Rallys
Intel, the world’s largest computer chip company surprised everybody on Wall Street by significantly beating analyst’s estimates on both earnings and revenues. Investors are taking the Intel news as a...
View ArticleStocks Rise for the 4th Straight Week
A surprisingly strong jobs report helped stocks jump more than 1% on Friday and more than 2% on the week. The unemployment rate unexpectedly dropped from 9.5% to 9.4% for the month of July. This news...
View ArticleObama Re-Nominates Bernanke
Stock futures jump pre-market as President Obama re-nominates Fed Chairman Ben Bernanke to a second four-year term. Of course, Bernanke’s appointment will have to be confirmed by congress, which is a...
View ArticleStocks Get Whacked
Stocks got hit yesterday, as we start the worst period for the market. It’s no secret that based on history the stock market performs its worst during the month of September. So it should’ve been a...
View ArticleJobless Rate Jumps to 9.7%
Yesterday, the market broke a four-day losing streak, as Wall Street was waiting for this morning’s jobs report. Despite much speculation, the Labor Department reported that unemployment rose to 9.7%...
View ArticleJobless Recovery???
Stocks rallied big yesterday, as Wall Street is still buzzing about Fed Chairman Ben Bernanke’s comments. The Fed chief announced that this recession is “likely” over. Recent economic data has...
View ArticleFed Meets
Today the Fed starts their two-day meeting. The speculation is that the Fed will likely leave the Fed Funds Rate near 0% for a while longer. Obviously, inflation will be watched and combated when it...
View ArticleAlcoa Get Things Started
Investors look for earnings to try and make it three up days in a row. Today is the official start of earnings season, as Alcoa (AA) will report after the close. Alcoa traded modestly higher yesterday,...
View ArticleBernanke Speaks Dollar Listens
Stocks futures are indicating a flat opening, on comments from Ben Bernake that is strengthening the dollar. The stronger dollar is causing commodity prices to drop as well in early trading. In London,...
View ArticleDubai Rocks World Markets
News that government owned Dubai World is in a financial crisis rocked stock markets worldwide. While our markets dropped more than 1.5% on a holiday shortened trading day, markets abroad took the...
View ArticleNovember Markets
Could November go down in history as a major turning point in the U.S. economy? The shocking (in a positive way) unemployment report released last Friday by the Labor Department showed the economy lost...
View ArticleThe Markets
The Markets Volatility in the financial markets has risen noticeably in the past few weeks as investors remain on edge about a multitude of issues. A mixed employment report for January, continued...
View ArticleThe Markets
The Markets The stock market seems to be climbing the proverbial “wall of worry.” Despite potential road hazards such as sovereign debt issues, rising interest rates, a weak job market, and a stalled...
View Article
