By: Chris Versace (Diary)  |  January 20th at 10:13 AM  | 

This week’s PowerTalk interview is with Keith Bliss, Senior Vice President at Cuttone and Company, one of the largest floor brokers on the New York Stock Exchange (NYSE). Keith is an old friend of mine, and he shares what he sees from the trading floor these days. He starts the conversation off by saying 2013 is shaping up to deliver a lot more of the | Read More »

By: Chris Versace (Diary)  |  December 24th at 06:56 AM  | 

In this brand-new PowerTalk interview series, I’ll take you inside today’s hottest companies, interviewing top management about how their business is going and what’s on the horizon for their companies. Plus, I’ll connect you with industry experts who will explain exactly what’s happening with today’s hottest trends — giving you the confidence to know when and where to invest your money.   This week’s PowerTalk interview is | Read More »

By: Chris Versace (Diary)  |  December 24th at 06:44 AM  | 

The second half of December tends to generate a fair amount of reflection on the events of the previous 12 months. That is true for investors as well and often gives rise to a number of questions about the market. Did the economy grow as fast as was expected? Did job growth measure up to economists’ forecasts? Will those industries that have been a drag | Read More »

By: Chris Versace (Diary)  |  December 13th at 08:52 AM  | 

Welcome to PowerTalk where we talk with CEOs, COOs and other key business people at public and private companies as well as other subject matter experts. It’s conversations with people such as these offer tremendous insights into how an industry or company works, what the competitive dynamics are and where its likely to head in the next few quarters and years. This week we’re talking | Read More »

By: Chris Versace (Diary)  |  December 9th at 06:47 PM  | 

The first five trading days of December delivered a mixed result for the major stock indices with the Dow Jones Industrial Average being the clear winner (up 1%), the S&P 500 essentially unchanged and the Nasdaq Composite Index down 1.1%. As with the prior week, one of the key drags on the Nasdaq has been Apple, Inc. (AAPL), whose shares dropped nearly 9% last week. | Read More »

By: Chris Versace (Diary)  |  November 18th at 03:11 PM  | 

Over the past several weeks, the overall stock market has resembled a roller coaster — down up, down up and then a quick drop. That is the case no matter which major market index we look at. The only real difference among the Dow Jones industrial average, the S&P 500 and the Nasdaq composite index has been the degree of the drop. While the first | Read More »

By: Chris Versace (Diary)  |  November 4th at 08:48 PM  | 

Last week was a mixed week for Wall Street and the capital markets on a number of fronts. Thanks or rather no thanks to Hurricane Sandy, the North East faced billions of dollars in damages with New York and New Jersey heavily hit by power outages, gas shortages, fallen trees and damaged homes. The storm damage resulted in a shortened trading week for the capital | Read More »

By: Chris Versace (Diary)  |  October 31st at 10:32 AM  | 

Normally when enter a new month, investors look ahead to a number of data points that tell the tale of the consumer, domestic economy and more during the prior month. That will be the case as we march into November over the next few days, however with the Presidential Election less than a week away, greater importance will be placed on what economic indicators that | Read More »

By: Chris Versace (Diary)  |  October 29th at 10:01 AM  | 

Last week I wrote about the need to look beyond the headlines in order to have a more informed view on what is or is not going on with the domestic economy. Last Friday, we received the gross domestic product (GDP) figures for 3Q 2012 from Bureau of Economic Analysis, and once again the headline of 2% growth does not reflect what is really going | Read More »

By: Chris Versace (Diary)  |  October 25th at 06:22 PM  | 

From the diaries by Erick There have been a number of things that I have learned in the business and investing world over the last two decades. One of those things is to look beyond the headlines of reported news, figures and others statistics to understand what is going on below the surface. Over the last several months, there has been no shortage of headlines | Read More »