The Lovely: Stocks are getting weaker, not stronger. The Good: 1. Leading stocks are acting well 2. The Dallas Fed manufacturing survey rose to 5.0 which beat the Street’s forecast for 4.5 3. Case for the Fed to taper in September has weakened 4. The Richmond Fed Manufacturing index, which measures manufacturing activity in region, jumped to 14, easily beating estimates…
STOCK MARKET COMMENTARY: FRIDAY, AUGUST 30, 2013 Stocks were under pressure for most of August as a slew of external “fears” plagued Wall Street. Here are some of the “fears” that hurt stocks: Fed Taper, Lackluster earnings growth, Potential War Brewing in the Middle East, & higher energy prices, to name a few. We are…
Over the years I have written about the importance of strong leadership in business and the essential qualities a leader must have. These qualities are timeless, and they are especially important when times get tough. In the face of difficult challenges, great leaders do not retrench. Just the opposite – they step up. In a…
By Bill Gates June 12, 2013 In May, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and not just because of the ping-pong matches and the newspaper-throwing contest I have with Warren Buffett. It’s also fun because I get to learn from Warren and gain insight into how…
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By Reuters | 27 Aug, 2013, 02.36AM IST NEW YORK: Gold’s break above $1,400 an ounce on Monday for the first time since June 7, and a bullish “cup and handle” chart pattern, suggest more gains are in store for the precious metal which may have bottomed out two months ago, technical analysts said. “There…
Stocks Are Getting Weaker, Not Stronger: 1. Possible August Top- Similar to 1987 2. Technicals & Fundamentals are deteriorating- 50 DMA line was support and is now resistance 3. Recent lows are breached and leaders under pressure 4. Crude Oil is surging – Higher energy prices act as an indirect tax on businesses and consumers….
STOCK MARKET COMMENTARY: FRIDAY, AUGUST 23, 2013 Stocks positively reversed (opened lower and closed higher for the week) as interest rates negatively reversed (opened higher and closed lower) as fear eased regarding when the Fed will taper. Normally, “reversals” after a decent move signal a short-term change in trend may be on the horizon. As…
The Trade War The stock market is a forum for debate between buyers and sellers on the values of companies. That is the nice explanation. To frame it in a another light – the stock market is a war between buyers and sellers, who each want to take the others money. The stock market is…
Aim to solve a big problem, not a small one Find industries that are stagnate or in decline Look for places where everyone thinks that it is “impossible” to succeed Once you pass the initial startup phase- older industry can not catch up Start a company that tries to change the way the industry behaves…