Chris Versace
PowerTrend Brief: Election Day is Only the Beginning
Last week was mixed for Wall Street and the capital markets on several fronts. Thanks, or rather no thanks, to Hurricane Sandy, the Northeast faced billions of dollars in damages with New York and New Jersey hit by power outages, gas shortages, fallen trees and damaged houses.
PowerTrend Brief: Missed Forecasts, Job Cuts, Hurricane Sandy and the October Jobs Report
Earnings season is normally a busy period, but the current one is likely filling at least some investors with stress as a greater percentage of companies than usual have missed expectations and revised outlooks downward. Of the more than 1,200 companies that shared quarterly results last week, noteworthy announcements that weighed on the market were […]
10 Stocks To Benefit From Hurricane Sandy — Forbes
Learn about 10 Stocks that should benefit from Hurricane Sandy.
PowerTrend Brief: More Earnings Mean More Volatility and Long-Term Opportunity?
Last week was frenetic in terms of companies reporting their quarterly earnings, economic data for both the United States and abroad — and, of course, the second presidential debate.
PowerTrend Brief: A Busy Week Ahead — Earnings, Economic Data and the Presidential Debate
Last week proved to be a challenging one for the stock market. All of the major indices were in the red — the S&P 500 fell 2.2% for the week, while the Dow Jones Industrial Average dropped 2.1%. Even though last week kicked off third-quarter earnings season with a trickle, economic data took a back […]
PowerTrend Brief: A Big Week for Security, Just Not Job Security
While Friday’s September employment report left many investors scratching their heads, including me, the stock market initially greeted the data welcomingly as the S&P 500 rose quickly in early trading. As the date wore on, however, the S&P 500 started to resemble a leaky balloon as it sputtered around, falling throughout afternoon trading and eventually […]