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  • High GDP numbers for Q3?  We can thank Obamacare and forced consumer spending
    High GDP numbers for Q3? We can thank Obamacare and forced consumer spending
    On Dec. 23, the Bureau of Economic Affairs (BEA) issued their revised GDP numbers for the 3rd quarter of 2014. And while the overall aggregate of consumer spending was down for most of the reporting period, one revision in particular helped...
  • Weekly market recap: Major rebound in markets
    Weekly market recap: Major rebound in markets
    For the week ending December 19, 2014, after a poor start the Dow and S&P 500 staged a major rebound in the last few days of trading. The Dow ended the week up 3 percent; the S&P 500 ended up 3.4 percent. The turnaround occurred after the...
  • Ney York Stock Exchange December 18, 2014
    Stock market preview for the week of Dec 22, 2014
    The S&P 500 began the week in a tailspin, but rebounded strongly in the final three sessions to provide a large increase. The index nearly recovered the entire drop seen during the seven trading day slip, increasing 3.41% for the week. The...
  • Rick  Snyder
    Michigan’s tax proposal
    A ballot proposal was passed early Friday morning by both the State House and Senate. In May Michigan voters will be asked to raise the state’s sales tax to 7% and install a floating fuel tax along with raising taxes on several other things....
  • OPEC flexes its muscle
    Led by Janet Yellen and oil prices, markets endure rocky week
    The Dow ended a volatile week with an modest 26-point gain on Friday. This came after a roller coaster week that saw wide swings in both directions. On Thursday the Dow rose 421 points just one day after Fed Chair Janet Yellen, announced that...
  • 'Obama stock market rally' continues; Could Dow Jones be headed toward 18,000?
    'Obama stock market rally' continues; Could Dow Jones be headed toward 18,000?
    The Dow Jones Industrial Average (DJIA) surged with a 421-point gain on Thursday to 17,778.15. Marketwatch.com called it the "biggest one-day gain in three years." In addition, the S&P 500 index gained48.34 points to 2,061.23, its...
  • China steps into U.S. currency war against Russia and offers Putin major support
    China steps into U.S. currency war against Russia and offers Putin major support
    Over the past month, attacks on both oil and the Rouble have created economic turmoil around the world, and especially in the economies of Russia and the European Union. And despite the fact that the United States has chosen Ukraine as ground zero...
  • Mid-week market recap: Markets rally on FOMC
    Mid-week market recap: Markets rally on FOMC
    For the mid-week ending December 17, 2014, the Dow and S&P 500 strongly rebounded on Wednesday after the FOMC meeting announcement; this ended three days of declines. Market timers are now bullish for the remainder of this year and 2015. And...
  • China sees Britain as next big investment hub
    China sees Britain as next big investment hub
    One of the interesting dichotomies of a global economy is that quite often, one sector, region, or nation will be in recession or decline while other economies are in a growth phase. And during these times, the potential for investing in, or...
  • Weekly market recap: Markets drop as oil plummets
    Weekly market recap: Markets drop as oil plummets
    For the week ending December 12, 2014, the Dow ended with its biggest weekly drop in three years, due to oil prices plummeting and rising concerns over a global economic slowdown. Crude oil prices are now at a five-year low, and this is expected...
  • NewYork Stock Exchange Dec 10, 2014
    Stock market preview for the week of Dec 15, 2014
    The S&P 500 saw its streak of seven straight weekly gains snapped as the index retreated to significant levels during the week. The index saw losses in four sessions and dropped 3.52% for the week. The index has finished lower in eight of the...
  • Smaug from the Hobbit calls for return to gold standard and Rand Paul in 2016
    Smaug from the Hobbit calls for return to gold standard and Rand Paul in 2016
    On Dec. 11 Smaug, the fictional dragon from J. R. R. Tolkein's epic work, The Hobbit, appeared live on the Stephen Colbert Report to discuss the upcoming release of the film, as well as his thoughts on modern day issues.In an early segment...
  • Gold rush continues as Austria jumps on global bandwagon for gold repatriation
    Gold rush continues as Austria jumps on global bandwagon for gold repatriation
    On Dec. 12, Austria's State Audit Court announced that the central bank should begin to look very hard at the sanctity of keeping their nation's gold reserves in London vaults at a time when currency, economic, and financial declines are...
  • Meta Trader Demo Account
    Tips To Get the Most Out of Your Demo Trading Experience
    Becoming a successful trader involves practice, lots of practice. While eventually you’ll practice your strategies and methods using a real money account, when you’re starting out it’s recommended you use a demo account. If you...
  • Mid-week market recap: Markets sell off as oil drops
    Mid-week market recap: Markets sell off as oil drops
    For the mid-week ending December 10, 2014, the Dow and S&P 500 have been declining as oil prices continue to slide. Three days of decline have left the Dow down -2.37 percent and the S&P 500 also down -2.37 percent. ECB president Mario...