Optimistic second half.
June 30, 2009 by MoneyElement · Leave a Comment
Despite of bad news still looming, such as expected unemployment rate at 10% and over, increasing defaults on commercial real estate loans, states like California in desperate financial shape, many investors are optimistic about the second half of 2009. The Dow Jones has already recovered almost 9% in the past few months. Stocks such as [...]
Registered Advisors adding new clients
June 30, 2009 by Don · Leave a Comment
Accoridng to a recent survey conducted by TD Ameritrade Institutional, more than 80% of their RIA firms have experienced client growth over the last six months. The top 3 reasons why people choose RIAs were: Customers were dissatisfied with service, advice and performance at full service broker dealers, RIAs offer more personalized service, and finally [...]
New Ideas for Controlling RIAs having Custody
June 30, 2009 by Don · Leave a Comment
As the Madoff case has come to its climax with him getting 150 years sentence, there is a greater focus on what regulators are doing to manage the risks investors face. Many experts believe the SEC and otehr regulators have not done enough since the Madoff scheme came to light to protect investors.
One such [...]
Higher Taxes on Marijuana!
June 30, 2009 by Francisco · Leave a Comment
The more Marijuana you buy, the more taxes you may have to pay….and in this economy who wants to pay higher taxes and why?
www.npr.org/templates/story/story.php?storyId=106071214
Up, Down, Down,Up, Flat, Up, Down….ENOUGH!!!!
June 30, 2009 by Magnifico · Leave a Comment
Summer is mainly know for lazy trading months but this may not be the case for this year. With new earning reports starting next month something major will happen (at least I hope so) but not sure if in a positive or negative way.
If we expect this rally to continue the companies must begin to [...]
U.S. Treasury to unveil Public-Private Investment Program (PPIP)
June 30, 2009 by AJ · Leave a Comment
The U.S. Treasury has set to unveil the long awaited Public-Private Investment Program. The first to be involved is legendary investor Wilbur Ross, GE Capital, and private investor Angel Gordon & Company. However there’s a lot of controversy of why this program might be a failure as Banks have not yet priced the debt and [...]
Hyundai and a $1.49 Price Lock
June 30, 2009 by Magnifico · Leave a Comment
Earlier this year the Korean automaker increased its share of market by focusing on assuring buyers about their jobs. In new campaign, Hyundai will guarantee buyers of its vehicles one year’s worth of gas at $1.49/gallon. Last campaign managed to increase company’s share of the market from 2.9% to 4.2% and new one may bring [...]
Economic Calandar for 06/30/2009
June 30, 2009 by Magnifico · Leave a Comment
7:45 ICSC Retail Store Sales
8:55 Redbook
9:00 S&P/Case-Shiller Home Price Index
9:00 NAPM NY Report
9:45 NAPM Chicago Business Barometer
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
12:00 PM Fed’s Bullard speaks on Fed exit strategies
4:10 PM Fed’s Hoenig speaks on bankruptcy and the economic crisis
5:00 PM ABC Consumer Confidence Index
9:00 PM Fed’s Yellen speaks on the economy
WiMax – 4G Wireless Service
June 29, 2009 by John · Leave a Comment
Comcast is rolling out its new technology service WiMax on Tuesday
The first city to get access is going to be Portland.
Comcast is offering the service as a wireless data card for laptos or computers.
“Comcast will be bundling the WiMax with home Internet service for $49.99 per month for the first year. This gives consumers 12 [...]
Twitter – the enemy
June 29, 2009 by MoneyElement · Leave a Comment
Many big businesses are viewing Twitter as significant problem. Companies such as Exxon Mobil have found that people have used the company’s name to spread false impressions. This impersonation issue is due to the inability of the social network to identify and regulate their members.
To read more on this issue click here.

