McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams Money is a BBB Accredited Business. Click for the BBB Business Review of this Financial Services in Knoxville TN

Money Manager Articles

Home > momentum

Posts Tagged ‘momentum’

March 31st, 2010

The Markets

(Michael Schwartz) - The stock market seems to be climbing the proverbial "wall of worry." Despite potential road hazards such as sovereign debt issues, rising interest rates, a weak job market, and a stalled housing recovery, investors bid up stock prices last week to an 18-month high, according to MarketWatch. Of course, these things could eventually affect stock prices, but, for now, stocks are riding the momentum of improving earnings and some underlying stability in the economy.

Read the rest of this entry »
January 4th, 2010

Stocks Look to Start on High Note

(Lee Siler) - Stocks are indicating a strong opening on the first trading day of the New Year. The question on everybody's mind is whether or not stocks can perform anywhere close to 09's performance? As intelligent investors, we know that at some point this year the Fed will start cutting stimulus to the economy and in fact, they already have to some degree. Considering we're at historically low interest rates there's only one direction they can go. Obviously, Wall Street is listening to every word the Fed says to try and get a clue when the tightening trend will begin. The fact of the matter is that rates have started going up; it's just the Fed Funds rate is still holding still.

Read the rest of this entry »
November 6th, 2009

Unemployment Highest in 16 Years

(Lee Siler) - The nation's unemployment rate jumped to over 10% for the first time since October 1983. The consensus estimate was 9.9%, but the continued lay-offs being handed out by corporate America made the number jump to 10.2%. The news has sent stock futures plunging from earlier levels.

Read the rest of this entry »
September 8th, 2009

Gold Hits Recent High

(Lee Siler) - This morning gold futures continue their tear, as the precious metal trades over $1000 per ounce, the highest level since March of 2008. Technical momentum and a weaker dollar are certainly adding fuel to the fire. Gold is not the only metal staging an impressive rally. Silver has rallied more than 30% over the past few months.

Read the rest of this entry »
July 20th, 2009

Stocks Rally For the Week

(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.

Read the rest of this entry »
June 23rd, 2009

Stocks Take Worst Hit in Two Months

(Lee Siler) - Markets got wacked yesterday, as the economic outlook for 2009 and 2010 was grimmer than initially expected. The World Bank, a government funded lender to poor countries, said the global economy will contract 2.9% this year. That's much worse than the 1.7% previous projected. The World Bank also cut its 2010 outlook to 2% growth versus its previous forecast of 2.3% for 2010. Also in the news, which shouldn't be a surprise, the government announced that they see unemployment getting to 10%. This was widely predicted, but finally confirmed.

Read the rest of this entry »
Portfolio Management
Retirement Planning
Estate Planning
Education Planning
401K Rollover
Money Manager Login
Privacy Policy
Terms of Service
Money Manager Directory
© 2019 All rights reserved