Tablets are not a relatively new innovation in the tech world; Microsoft introduced the Tablet PC in 2000, but consumers remained uninterested in the computing innovation for a decade. With the release of the iPad in 2010 the true tablet wars began, with traditional software companies coming head to head with consumer-product producers looking to capture the market [see The Best Dividend ETF For Every Investment Objective].
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2013 has become the year of higher taxes as Congress continues to push through higher tax burdens on the public in an effort to control and bring down the nation’s astronomical debt pile. Earlier in the year, Congress implemented higher income taxes for those earning over $450,000, which is expected to reduce the deficit by some […]
The 2013 first quarter earnings season is well on its way, with several bellwethers reporting both hits and misses. Already this week, oil-giant Haliburton (HAL) reported earnings that came in well above expectations, while Caterpillar’s (CAT) earnings missed the mark, though the stock gained after the company’s CEO was less pessimistic than expected in his conference call. […]
Worse-than-expected employment data on the home front brought back the bears onto Wall Street last week, however, buyers still piled into equities before the weekend as bull market euphoria remains the dominant theme. The bulls will look to resume their ascent this week as tensions in the euro zone have cooled off with Russia accepting the […]
Eurozone drama and economic uncertainty had equity markets in a volatile ride last week, with stocks posting their worst one-day drop this year last Monday. Though bullish momentum has undeniably been a dominant force on Wall Street since the new year, controversies surrounding a criminal investigation into Italian banks and a scandal concerning Spanish Prime Minister Mariano […]
Buying pressures were alive and kicking last week as upbeat earnings results and encouraging employment data on the home front kept confidence levels afloat. The coveted S&P 500 Index managed to settle past the psychologically significant 1,500 level last week, while the grandfather of the ETF industry, SPY, celebrated its 20th birthday [see S&P 500 Visual History]. […]
As the bull parade continues on Wall Street, bearish pressures are mounting right around the corner with major equity indexes sitting on hefty gains since the new year began. After muted activity last week, economic data releases return to the home front this week alongside more earnings results from industry bellwethers, including Goldman Sachs, Ebay, and General […]
The second week of the new year was a rather quiet one on Wall Street, as trading volumes remained relatively low. Lack of optimism among investors coupled with wariness ahead of the start of the fourth quarter’s earnings season remained the main focus, though several economic reports came in better than expected. Despite the initial […]
Despite a slew of positive economic reports, Wall Street continued to be under the spell of the seemingly never-ending fiscal cliff negotiations. After several back and forth talks with the President, House Speaker John Boehner, in a surprise move, abandoned his plans to bring his “Plan B” budget proposal to a vote, though he assured the public […]
Price action has been undeniably positive over the last few weeks on Wall Street, however, with no real progress being made in regards to the “fiscal cliff” it won’t be terribly surprising to see stocks take a nasty tumble at the first sign of worrisome headlines. Despite the largely unchanged fundamentals on the home front, investors overseas […]
Wall Street was in for some choppy trading last week, as investors weighed the continuing fiscal cliff talks and a slew of important economic reports. In Washington, House Speaker John Boehner and six other House Republican leaders sent a letter to Obama calling for $800 billion in revenues through tax reforms and $2.2 trillion in net savings. President Obama responded that […]
