It was widely reported that Friday’s stock market sell off was based upon the fact that the Federal Reserve would be raising short term interest rates sooner rather than later (summer vs. fall?). But when you look at a chart of the 2yr US Treasury Note yields, one can see that interest rates have been […]
March of 2000, 14+ years ago. That’s when the stock of Cisco Systems peaked at $74. Today it trades at $27. In 2008, 2010 and 2013 it ran into resistance in the $25 area but has recently move above that area. Think of resistance as the point where buyers stopped buying and sellers began selling! […]
As banks reopen today in Cyprus, NPR shares this thought…
http://www.youtube.com/watch?v=baXxZt4zfWQ&feature=related
Occupy Wall Street has been in the news today as protesters have been evicted from Zuccotti Park in lower Manhattan. But who are they?
NEW YORK (CNNMoney) — You’ll be able to contribute more tax-free money to your 401(k) next year, the IRS announced Thursday. The contribution limit for employees participating in pension plans — including 401(k)s, 403(b)s, most 457 plans and the federal government’sThrift Savings Plan will be $17,000 for tax year 2012. That’s $500 higher than the $16,500 […]
Were you aware that there is a market for Presidential Election futures? (informational purposes only)
October 19, 1987…known as Black Monday. I was 3 years into my new career as a financial adviser with now defunct firm EF Hutton. I didn’t understand trends, relative strength or any of the investment theories that I rely on today. The Friday before the market was down 108 points (which is nothing today), then […]
Courtesy of the people at Strator Global Intelligence
