Markets again closed at record highs. We are closed through Monday. Enjoy your President’s Day Weekend!
-Joe, 17 Feb ’17
In a day that was devoid of major news outside of the Oscars controversy, here’s my take on today… $1 President Trump is set to ask for some $54B additional funding for defense, at the direct expense of non-defense federal agencies. Means great things for defense contractors like Northrup Grumman, […]
Today we received the much-awaited minutes from the January Federal Open Market Committee (aka the Fed, chaired by Janet Yellen). Here’s what we learned: $1 An interest rate hike still remains highly likely. In its most basic sense, this keeps banking stocks particularly attractive this year. $2 An early hike […]
After going over Types of Investments, lets get an overview about some investing strategies and what they mean…. Long Strategy – This is the most basic of strategies. Investors select companies or industries they reasonably believe will grow over time, so they buy shares or debt in these entities. Basic […]
The Dow, Nasdaq, and S&P all hit intraday highs today, amid a flurry of international news. $1 President Trump met with Canada’s Justin Trudeau and a roundtable of female business leaders from the U.S. and Canada. In those pressers, Trump promised continued close trade ties with Canada with a few […]
The quick and dirty: $1 The White House confirmed Trump’s comments about unveiling of a comprehensive tax overhaul, the first since 1986. There are rumors of tax breaks benefiting those outside of the 1% along with provisions for repatriation of overseas funds by corporations at lower tax rates (with money […]
A quiet day for this administration meant a historic tie-breaking vote from VP Pence to confirm Betsy DeVos as Secretary of Education and a party-line vote to confirm Sen. Jeff Sessions as Attorney General. Politics aside, in the thick of earnings season Gilead flopped on weak forward guidance and missed […]