Chris Versace
Chris Versace is Featured on the Front Page of Forbes.com
Chris Versace, the editor of PowerTrend Profits and a contributor to Eagle Daily Investor, is featured on the front page of Forbes.com today in an analysis of the latest unemployment report from the U.S. Bureau of Labor Statistics (BLS). Versace assessed the data quickly and warned that the report, combined with a host of other […]
PowerTrend Brief: Manufacturing, Jobs and the Presidential Debate in Focus This Week
Last week closed the books on the third quarter from both corporate and investor perspectives. In the last three months, the S&P 500 has climbed 5.8%, while the Nasdaq rose 6.2%. Those returns have brought their year-to-date returns to 14.6% and 19.6%, respectively. They were pretty strong moves, given the data that points to a […]
PowerTrend Brief: The Facebook Effect — Recognizing When to Avoid an Industry or Company
Most, if not all, investors in the stock market are concerned with picking winning investments. After all, they are spending time researching potential investments and paying trading commissions with the goal of growing their capital. Sometimes that capital appreciation happens quickly and other times it takes time for an investment to pan out. As tends […]
PowerTrend Brief: Company Warnings and Fed Easing Set Tone Ahead
The last five days have made for an interesting week. Tuesday marked the 11th anniversary of the terrorist attacks on Sept. 11, a day of shock, horror, sacrifice and sorrow. Sept. 11 is a day that we Americans always should remember, no matter what the producers at NBC and The Today Show might think. Wednesday […]
PowerTrend Brief: Disappointing August Job Creation Means Waiting for the Fed
Last week the S&P 500 rose 2.75%, bringing the year-to-date return to more than 14%. The vast majority of last week’s move came on Thursday, following the announcement of the European Central Bank’s (ECB) Monetary Outright Transactions (MOT) program, as well as the bullish private sector job reading offered by ADP’s August Employment Report. A […]
PowerTrend Brief: Consolidation Brings Pain and Investing Opportunity
Data collected from telecom companies and network operators shows that smartphone penetration has broken the 50% mark this summer. On the heels of that breakthrough, this week is a focal point of sorts for new smartphones, as three companies have scheduled events. These are, of course, ahead of Apple’s (AAPL) expected introduction of its next […]