Month: February 2016

Well Federal Reserve Chair Janet Yellen has spoken. In both her opening statement and while answering questions from the House Financial Services committee she played down the risk of a U.S. recession and said she doesn’t foresee needing to cut interest rates, which the Fed raised two months ago for the first time in eight […]

Concerns are building over the banks. The world banking system is in bad shape! For sure investors are getting spooked because of the 2008 banking collapse. The banks do have problems but the general consensus is this is not a return to a credit crisis. But I say, if the interest rates go down again, […]

I received this very interesting article from a good friend of mine via email. My friend’s name is John Cuilla. John is very much into researching numerous financial markets but his concentration is in precious metals. John will be a contributing writer for “Main Street beats Wall Street”, writing about all aspects of the world […]

This market is as crazy as ever! Yesterday, Friday was as bad as any. I did make a trade this week but I might end up regretting it. I’ve been staying away from trading because of the way the market has been but I guess it’s in my blood. Facebook (FB) came out with unprecedented […]

As I finished my last post the Dow started moving up fast and it jumped 150 points in a very short time. I’m not sure why but I decided to get back in the game. I bought 1000 shares of Facebook (FB) with the thought of selling a Call. I got in the stock at […]

Today I added a new page to the “Educational” sectional. The new page is called “Pre-Market Data.” This page explains some of the information I look for before the market opens. When I wake up in the morning I turn my TV on. I go to one of the financial stations and look to see […]

Groundhog Day is an annual holiday in the United States celebrated every February 2. It was officially established in 1887 by the Punxsutawney Groundhog Club who have monitored the event every year since. “Punxsutawney Phil” has been the name of the resident groundhog for the club since its inception, and they jokingly claim there has […]

Today after the close Google will announce their earnings. Google is the last of the FANG stocks and we are nearing the end of earnings season. So far today all FANG stocks (Facebook,Amazon,Netflix & Google) are up in anticipation of a good Google report. If Google hits it out of the park, I think all […]