Chris Versace is the editor of PowerTrend Brief — a FREE, weekly electronic newsletter. He also writes PowerTrend Profits, a paid monthly newsletter that helps individual investors profit through buying shares of companies poised to win big in the 8 PowerTrends, as well as writes the PowerTrader trading service that seeks to deliver short-term gains using stocks, ETFs and options. Chris has been ranked an All Star Analyst by Zacks Investment Research. He also appears regularly on radio and has been quoted in the Wall Street Journal, Investor’s Business Daily and many other publications.
The Internet has led to many revolutions over the last few years and that’s particularly true in how we communicate and collaborate. It’s also shattered existing business models — just ask Barnes & Noble, Circuit City and practically any print newspaper you can still find.
Earlier this week, we were hit with yet another winter storm here outside of the Washington, D.C., area, and, true to form, many things came to a girding halt.
To me, a far more revealing and insightful indicator than the unemployment rate, is the payroll to population data released by Gallup each month. As I said at the World MoneyShow in Orlando recently, this is some of the scariest data out there.
Meet a Chinese Cyber-Security company... Now, much like when I was first introduced to the company, you’re probably wondering, “based in China?” “Hasn’t that been a source of attacks?”. Well, those were my first thoughts as well.
The last few weeks have been far more than just interesting. We’ve been barraged by a number of winter storms that are taking their toll on January economic data. Given the severity of the winter weather, was any of that really a surprise?
When you think about it, it is pretty amazing how mobile technology has transformed our lives. What’s even more amazing is that the change we have seen thus far has really been due to three devices -- the mobile phone, the smart phone and, more recently, the tablet.
"Just thinking about the weather" -- no, the 1987 song made popular by the band 10,0000 Maniacs is not running through my head. Rather I am marooned in Southern California while the South and Eastern parts of the U.S. get rocked by another ice-and-snow storm in the second half of this week.
I think it’s very fair to say the start to the stock market in 2014 has caught many by surprise with its sharp move lower in late January. We’ve seen some life in the stock market since then, and even though the market may snap back on a technical basis, economic and industry growth concerns remain.
It’s been a rough time of late -- questions are being raised about growth prospects, both for the global economy and the stock market. We’ve had more companies issue negative outlooks than we have had in some time, while the latest round of economic data has been weaker than expected.
We’ve had more companies issue negative outlooks than we have had in some time, while the latest round of economic data has been weaker than expected. All of this has taken a toll on the major stock market indices, leaving the Dow Jones Industrial Average down more than 1,000 points from where it was just two weeks ago.
How do I decide if something is a short-term or long-term opportunity? It is a timely question, even when the stock market is humming along like it did in the last half of 2013. But these days, with the return of volatility to the market, it’s even more crucial to understand the differences between the two.
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