by MaxGanik | Apr 29, 2013 | Blog, Finance & Economics
Posted April 29, 2013 8:57 There are two scenarios that are possible for the month of May. The first is that the market continues its run higher and reaches new all-time highs. The second, which I find more likely, is that there is a 5% correction and the theory of...
by MaxGanik | Mar 28, 2013 | Blog, Finance & Economics
Posted March 28, 2013 18:56 This past quarter was the best quarter for the stock market since 1998. There are many reasons why the market went up this quarter. Some of those include the reassurance of the QE program and also the aversion of the fiscal cliff. Going...
by MaxGanik | Feb 27, 2013 | Blog, Finance & Economics
Posted February 27, 2013 21:02 In two days, the so-called ‘Sequestration’ will hit. The effects of sequestration could amount to a decrease of 0.5% off of our GDP. But more importantly, could cost many people their jobs. Investors all around the globe are wondering...
by MaxGanik | Jan 29, 2013 | Blog, Finance & Economics
Posted January 29, 2013 9:50 This past Wednesday, Apple reported their earning report for fiscal Q1 2013. In their report, Apple reported record earnings. But on the flip side, Apple failed to beat estimates on a number of fronts. The only data point that Apple...
by MaxGanik | Dec 23, 2012 | Blog, Finance & Economics
Posted December 23, 2012 9:01 The fiscal cliff is only 10 days away and we still don’t have a deal. Both sides are on their holiday break and will come back this Wednesday. At that time, Congress and the President will have five days to work out a deal to save the...
by MaxGanik | Nov 2, 2012 | Blog, Finance & Economics
Posted November 2, 2012 14:39 Today, we received the last jobs report before the presidential election on Tuesday. There were 171k jobs added while the unemployment rate ticked up to 7.9%. With the presidential election coming on Tuesday, there wasn’t that big of a...