by MaxGanik | Jun 24, 2012 | Blog, Finance & Economics
Posted June 24, 2012 10:20 Sunday night, the markets got some relief as the New Democracy Party won in Greece’s election. Because of this, the market was able to rally during the Monday trading session. Despite being dealt some positive news, traders were eying the...
by MaxGanik | May 20, 2012 | Blog, Finance & Economics
Posted May 20, 2012 13:48 The much anticipated Facebook IPO finally came…and went. The hype of the IPO was overdone, as Facebook closed the day null… that’s right null. Everyone, including me, estimated that Facebook would at least close the day up 25- 30%. The hype...
by MaxGanik | Apr 29, 2012 | Blog, Finance & Economics
Posted April 29. 2012 17:36 The biggest earnings story this week was the release of Apple’s earnings. Apple reported $12.30 per share on revenue of around $40 billion. As I said in my previous blog, there was no way that Apple was going to report earnings that were...
by MaxGanik | Feb 3, 2012 | Blog, Finance & Economics
Posted February 3, 2012 21:37 For all traders this past week, the market was very volatile. Four out of the five trading days, the common theme was reversals. The market either started out negative and then ended the day positive or began the day in positive...
by MaxGanik | Jan 22, 2012 | Blog, Finance & Economics
Posted January 22, 2012 17:18 This past week, the market rallied all the way through Friday on hopes of a Greek bailout. The optimism on Wall Street could quickly turn to pessimism if the Greek deal doesn’t get done. If the Greek deal is accomplished, and there are no...