by MaxGanik | 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...
by MaxGanik | May 27, 2012 | Blog, Finance & Economics
Posted May 27, 2012 17:29 At the beginning of the week, all three major indices rallied around 2%. The general consensus was that it was an oversold bounce. This was true, but once Tuesday came along it seemed as though the rally faded away. The market was up in 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 | May 14, 2012 | Blog, Finance & Economics
Posted May 14, 2012 11:49 This past week in the market was very stressful for most investors. Sunday night, futures indicated a triple-digit decline for Monday mornings. Supposedly, this was the result of the recent European elections. But, the market only closed...
by MaxGanik | Apr 22, 2012 | Blog, Finance & Economics
Posted April 22, 2012 13:05 We are all looking to Apple’s earnings report next week. The question that is bugging every investor is whether or not Apple will report the stellar growth that the street wants. Apple reported $13.87 EPS last quarter. The current street...