Recapping Last Week’s Economic Data; Launching PowerTalk
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 »
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Acta Wireless,
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Xerox
Early Job Creation Signs Not Good for October
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 »
Tags:
ADP,
and Advanced Micro Devices,
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Is The Economy Moving Forward or Simply Stumbling?
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 »
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