by MaxGanik | Dec 8, 2013 | Blog, Finance & Economics
Posted December 8, 2013 19:48 This past week was filled with turbulence; the market sold off on Taper fears, Monday through Thursday, but then bounced back on Friday on the heel of a stronger than expected Non-Farm Payrolls report. This past week I posted on Twitter...
by Max | Aug 30, 2013 | Blog, Finance & Economics
Posted August 30, 2013 16:40 Now that summer is over, investors will be watching the Federal Reserve monetary policy decision along with the looming debt crisis. The FOMC meeting will announce their decision on September 18th. If the FOMC decides to taper (reduce bond...
by MaxGanik | Jun 30, 2013 | Blog, Finance & Economics
Posted June 30, 2013 9:59 This past month, the market went through a 7% correction peak to trough. The reason for the correction was fear of tapering by the Federal Reserve and also a credit crunch from China. This caused a lot of fear in the market, which gave many...
by MaxGanik | May 31, 2013 | Blog, Finance & Economics
Posted May 31, 2013 14:44 The month of May was a good one for stocks as the major averages rallied more than 2%. The notion of ‘Sell in May’ didn’t occur this month, as traders continued to buy stocks whenever an opportunity presented itself. The most important aspect...
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...