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Second quarter earnings on deck

 

Next week we get to do it all over again. The second quarter ends in three days and investors will begin to focus on company results once again. The first quarter was nothing to write home about and the second quarter may be more of the same. read more…

Tiny houses gain appeal

In this era of tight credit, high-priced McMansions and rapid life-style changes, the American Housing Dream may no longer be defined as a three-bedroom homestead on half an acre. For many Americans of all ages, there is a movement afoot to downsize their living space dramatically. read more…

From Russia with love

 

The newest wrinkle in the Greek debt crisis occurred this week when Greek officials met with Vladimir Putin to discuss a gas pipeline extension as well as the possibility of lending the cash-strapped nation additional funds. read more…

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Don’t try to trade this market

 

Nothing really changed this week. The S&P 500 Index is up about one point from last Friday’s close. It makes little sense to try and trade this market unless you are nimble and spend eight hours a day making small gains and getting out before the end of the day. read more…

Too hot or too cold?

 

 

The stock market is rarely satisfied with lukewarm. Investors insist on boiling down complex variables to simple either/or choices. It doesn’t always work. read more…

How to run for president and make a fortune

candidates

Almost every day this week we received an announcement of yet another contender for the 2016 presidency, or an announcement that an announcement would be forthcoming. The reason for so many candidates however, may have nothing to do with winning the presidency. read more…

Man’s most expensive friend

The pet business is booming. Last year we spent $58.5 billion on our animal buddies and will plunk down an additional 4-5% more this year. The lion’s share of that increase, after food, is going toward health care. read more…

June is off the table

Yellen

The notes of the Fed’s April policy meeting, released this week, may have confused more people than not. The central bank committee revealed that they were unlikely to raise short-term interest rates in June. That statement could be taken as both a positive and a negative, depending on your investment position. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More

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