Economy this year. The Business Roundtable has a ceo Outlook Index and its higher than its been in 2 years. And more chief executives say they plan to spend more and hire more in the next 6 months. Such enthusiasm was reflected in the performance of the main indexes. Which for the 2nd day were all up. Gold fell to a one week low. Oil gained a 1. 53. In earnings after hours. Oracle fell after reporting earnings fell shy of wall streets expectations. Software sales were up, but lower than hoped for. Adobe was in the green last night after revealing to investors that earnings beat the street. It says demand is up. With honda and gm recalls announced this month, its surprising to note that nearly a third of car owners ignore recalls. That fact comes from the National Transportation safety board. However when fatalities resulted from a recall, as in gms case, the Response Rate goes up. Well the Federal Reserve bank wraps up its two day meeting of the policymaking committee today. Larry shov
Dollars in fines, in the last year. Now, the Financial Industry Regulatory Authority wants your opinion on this proposal. Speaking of being taken, scammers are targeting older americans. Victims 60 and older now account for more than a quarter of people filing complaints. More than double what it was five years ago. Hit the brakes. Better still, hit the kill switch. Regulators are weighing whether to offer firms on the New York Stock Exchange a kill switch to cut off trading in the event of highspeed trading errors. Farmers may switch from corn to soy. This years bumper crop of corn has contributed to the lowest price in three years. Lets get our day started with Lincoln Ellis of green square capital. Lincoln. What do you anticipate for the remainder of this holiday trading week . Well the worst of this week is going to be relatively quiet and that means probably positive news for equities. If you dont really have sellers out there the trend is up and its very much in tact. Was gdp rea
Warning that moscow is on a dark path to isolation soften the markets growth . Russian troops seized ukraines naval headquarters. One more notch up on the tension scale. Traders are watching,but it was what the fed did that drove them to sell. The main indexes closed down. They lost between 23rds and 3 quarters of a percent. Gold closed down again. Oil was up 58 cents. America continues to buy more and borrow more from the rest of the world, than other countries do from us, but as of late, not so much. The government reports the gap has shrunk now to a 14 year low. And, folks, claim your cash. The irs says it has 760 Million Dollars in unclaimed refunds from the 2010 tax year. That money is owed to nearly a Million People out there. But you gotta get moving. After april 15th, the irs gets to keep it. All those years of greenspan, bernanke, and now a Glass Ceiling breaker leading a News Conference for the fed. Lets talk with todd horwitz of average joe option. Com. I wonder if shes stil
Course correction and see how the year has gone. This year weve seen the high flyers come down. Weve seen Interest Rates be a lot steadier than people thought. So you take a look at some of the stocks that are working and some of the stocks that are not and try to make a move here and there. Ive been buying oil, European Companies and also stocks that are in transportation and industrial seem to be more popular. Some of the high flyers really came down so ive been choosier about that sector of the economy. What about volatility in the market. Is it typically high or typically low this season . Volatility tends to rise and have these sudden spikes in the late spring and sometimes in the summer. I know a lot of people think its in the fall but ive seen the biggest volatility spikes in what people think are gonna be the quiet months of the year. Matt will this be a year to sell in may and walk away . I think a lot of people started selling in april. Im not really a buyer of that adage. I
During the spring months . One thing i do is a mid course correction and see how the year has gone. This year weve seen the high flyers come down. Weve seen Interest Rates be a lot steadier than people thought. So you take a look at some of the stocks that are working and some of the stocks that are not and try to make a move here and there. Ive been buying oil, European Companies and also stocks that are in transportation and industrial seem to be more popular. Some of the high flyers really came down so ive been choosier about that sector of the economy. What about volatility in the market. Is it typically high or typically low this season . Volatility tends to rise and have these sudden spikes in the late spring and sometimes in the summer. I know a lot of people think its in the fall but ive seen the biggest volatility spikes in what people think are gonna be the quiet months of the year. Matt will this be a year to sell in may and walk away . I think a lot of people started sellin