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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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Another record high

 

This off again, on again market continues to grind higher, if only by a few points, but it is the direction that counts. This week it was the S&P 500 Index’s turn to chalk up another record gain. And so it goes. read more…

The Millennials and Money

Recent studies indicate our nation’s youth are not investing in the stock markets. That’s nothing new. It takes a rare individual under the age of thirty to have the wisdom to invest at a young age. For those who do, their future could be golden. read more…

Noise in, noise out

The market did another round trip on investors this week, testing both the lows and the highs of the recent trading range. At some point, the markets have to break. The only question is will the break be to the upside or the downside? read more…

Hero to zero in one week

It was just a week ago that the NASDAQ made a new, 15-year high. The other indexes also chalked up new trading records. Equity strategists were predicting greater gains just around the corner. Four days later we are at the bottom of the trading range again. read more…

Does another trade pact make sense?

As Japanese Prime Minister Shinzo Abe’s visit to the United States winds down, politicians in both houses of Congress need to decide whether the proposed Trans-Pacific, 12-nation trade pact makes economic sense. It does and we should jump on it. read more…

Buy on the news

The worst of earnings season is behind us and it isn’t nearly as bad as investors feared. Led by the tech sector, market averages are once again near their highs and appear to be on their way to even higher highs. 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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