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 06:44 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 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 »