PowerTalk – The Fiscal Cliff, Debt Ceiling, The Economy & The Mood On The Floor of the NYSE
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 »
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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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Xerox
The Unemployment Rate Doesn’t Show the Full Picture
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 »
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