Apple’s Earnings Report

by | Oct 28, 2012 | Blog, Finance & Economics

Posted October 28, 2012 16:32 This past week Apple (AAPL) reported their 3rd quarter earnings. The results were basically in-line along with the expected conservative guidance for Q4. Apple said that the reduction in the amount of iPhone and iPad units sold was due to...

QE3

by | Sep 17, 2012 | Blog, Finance & Economics

Posted September 17, 2012 9:45 Well, the market finally got what it wanted, QE3. The market was definitely excited as the market rallied 200 points on Thursday and then another 50 points on Friday as traders felt that they got what they had been hoping for. Not only...

Jackson Hole

by | Aug 31, 2012 | Blog, Finance & Economics

Posted August 31, 2012 19:20 This morning Mr. Ben Bernanke spoke about monetary policy. Even though he didn’t say that the Fed was going to announce ‘QE3’ during its September meeting, Mr. Bernanke, Chairman of the Federal Reserve, did give a clear enough signal (at...

Earnings Season

by | Jul 20, 2012 | Blog, Finance & Economics

Posted July 20, 2012 16:34 This past week, earning season officially began. The market received positive news from JP Morgan Chase and Wells Fargo. JPM surprised the market with a much greater then expected EPS of $1.21 rather then the $.79 expected. The ‘London...

What a Week!

by | 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...

Once The Housing Bubble Burst 2008

by | Jun 10, 2012 | Blog, Finance & Economics, History

Posted June 10, 2012 18:27 In 2008, the economy endured one of its most catastrophic crashes since 1929 due to the housing bubble burst. This destructive housing bubble burst wiped out people’s investments and ruined many people’s lives. Many Americans went from...