Archive for July, 2009
July 30th, 2009
(Lee Siler) - Markets will try to rally this morning on positive earnings and unemployment data. The Labor Department reported that the number of Americans collecting unemployment benefits unexpectedly dropped last week to 6.2 million. Economists had been expecting 6.3 million.
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Tags: alcatel, alcatel lucent, collecting unemployment benefits, dow component, earnings, economists, futures, general electric, Goldman Sachs, labor department, losers, lucent, merger, motorola, price target, profits, unemployment data
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| Posted in News and Opinion |
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July 30th, 2009
(Trenton Adams) - We ended the First Quarter 2009 on a note of cautious optimism, sparked by a strong March rally that lifted the S&P 500 Index to an 8.76% return for the month. That optimism seemed justified as the rally pushed forward during the Second Quarter 2009, with the S&P 500 Index returning 15.9% for the period and posting a 36 % gain since establishing a twelve year low on March 9.
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July 29th, 2009
(Lee Siler) - A 5% slide in the Chinese stock market will likely spill over to the U.S. markets today. The major averages are already in a severely over-bought condition, but the pullback overseas will surely add fuel to the fire.
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Tags: best buy, catalyst, chinese stock market, economic rebound, few days, fuel to the fire, lowes, market move, pullback, pullbacks, recession, retail stocks, second quarter earnings, sectors, stock charts
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| Posted in News and Opinion |
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July 28th, 2009
(Richard Cox) - According to research conducted by the Center for Retirement Research at Boston College in 2007, retirees tend to be happier with a traditional defined-benefit pension that pays a guaranteed monthly check for life than with a comparable lump sum amount as found in a typical 401K, or other type of retirement accumulation plan, that would produce the same amount of monthly income.
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Tags: annuity contract, benefit guaranty corporation, boston college, commercial insurance, defined benefit pension, employer pension, fixed annuities, grains of sand, immediate fixed annuity, insurance company, life expectancy, lifetime income benefits, lump sum, many different types, pension benefit guaranty, pension benefit guaranty corporation, policy provisions, retirement research, traditional pension plans, trusted advisor
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| Posted in Retirement |
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July 23rd, 2009
(Heidi Burgoyne) - How many people sit around dreaming of the day that they win the jackpot lottery or a long lost uncle suddenly dies leaving their entire fortune? Sudden money can come in the form of inheritance, legal settlements, stock options, sale of a business, life insurance, professional contracts and more.
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Tags: best intentions, business life insurance, depreciating assets, dreaming of the day, first friends, friendship ties, good starting point, jackpot lottery, legal settlements, lifetime opportunity, money supply, new boyfriend, new mercedes, o rama, open ended questions, personal advisor, poor business decisions, professional advisor, professional contracts, sudden money
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| Posted in Strategies |
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July 21st, 2009
(Heidi Burgoyne) - Asset Allocation is responsible for over 90% of the variance in portfolio performance. However many investors are afraid to rebalance in this market due to high volatility.
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Tags: asset allocation strategy, core strategies, financial llc, future market, investment advisor representative, investment management firm, llc services, portfolio performance, qa3 financial corp, quality investment, registered investment advisor, registered representative, risk tolerance, sec registered investment advisor, secular bear market, sipc, sound asset allocation, time horizon, volatile market, what this means
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| Posted in Strategies |
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July 20th, 2009
(Lee Siler) - Stocks had their best week in months, as some of the old school companies blew out earnings estimates. Companies like Goldman Sachs, Intel and IBM all beat a pessimistic outlook, as it seems analysts may have taken their estimates way too low. Even the banks stocks are coming in better than expected. Bank of America and Citigroup beat views despite a credit loss. Thus far, the majority of companies reporting second quarter earnings are beating views. However, it is still very early in the season. This week will be extremely busy on the earnings front, especially in the tech sector.
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Tags: Bank of America, banks, caution, citigroup, earnings estimates, Goldman Sachs, intel, momentum, old school, pessimistic outlook, profits, quality stocks, second quarter earnings
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| Posted in News and Opinion, Strategies |
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July 16th, 2009
(Steven Netzel) - What is a REIT and why were REITs created? REIT stands for: Real Estate Investment Trust
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Tags: acute care facilities, corporate income taxes, corporate tenants, double taxation, equipment leasing, estate investment trust, high rise buildings, income producing real estate, industrial storage, institutional grade properties, limited liability companies, non traded reits, real estate investment, real estate investment trust, real estate professionals, residential office, shopping malls, skilled nursing facilities, storage warehouse distribution, taxation treatment
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| Posted in News and Opinion, Strategies |
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July 16th, 2009
(Lee Siler) - The market had one of the best days of the year on brisk trading. Earnings news is adding fuel to this market and this morning JP Morgan Chase is the accelerant. The company announced that strength in their core consumer business and investment banking offset a jump in credit losses. Earnings were 28 cents a share versus estimates of only 4 cents. However, revenues fell slightly short of expectations. JPM is traded up almost 4.5% yesterday.
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Tags: accelerant, consumer business, core consumer, credit losses, days of the year, earnings news, economy, estimates, federal reserve, gdp, gdp forecast, investment banking, J.P. Morgan Chase, job, jp morgan, legs, rally, recession, stocks, woes
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| Posted in News and Opinion |
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July 15th, 2009
(Lee Siler) - Intel, the world's largest computer chip company surprised everybody on Wall Street by significantly beating analyst's estimates on both earnings and revenues.
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Tags: believer, catalyst, computer chip company, earnings news, economy, intel, investors, largest computer, money, rally, stocks, two thirds, Wall Street
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| Posted in News and Opinion |
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