Markets finally ended in the green for the first time this year thanks to gains in healthcare stocks and a lower trade deficit. The S&P 500’s first positive finish this year also helped it avoid the record of having the worst start to a year since 1978. Also, investors mood was somewhat lifted by the confirmation of Janet Yellen’s nomination […]
NEW YORK (AP) — The Standard & Poor’s 500 index notched its worst start to a year in almost a decade Monday, closing lower for the third straight trading day.Although the declines for stocks in the New Year have been modest, the direction has been consistently down. The Standard & Poor’s 500 index has fallen 1.2 percent from its most […]
The AFCEA Bethesda chapter is known in the DC community for pulling together some of the most virtuous/mission focused events in the community. If you are unfamiliar with them I’ll just say that the attitude of this group of volunteers is always focused on doing the right thing for critically important missions and they have a great reputation for collegially […]
Rep. Bill Flores, R-Bryan. (AP Photo/Waco Tribune Hearld, Duane A. Laverty)WASHINGTON — As a former oil industry executive and a member of the House Natural Resources Committee, Texas Rep. Bill Flores is at the center of big debates about offshore drilling, hydraulic fracturing and domestic energy supplies.He also is a big trader in energy stocks.According to Flores’ most recent financial […]
Stock Market News Today, Dec. 27: U.S. stocks are yet again forging higher in this post-Christmas holiday. As of 10:30 a.m., the Dow Jones Industrial Average is up 22.5 points, or 0.14%, at 16,502.38. The Standard & Poor’s 500 Index is up just 1.89 points, or 0.10%, at 1,843.91. The Nasdaq is up 2.70, or 0.06%, at […]
Encouraging holiday season sales numbers and labor data helped the Dow and S&P 500 continue their record run on Thursday. Initial claims dropped for the week ending Dec 21 and holidays sales were reported to have improved between Nov 1 and Dec 24 period. Positive holiday sales numbers lifted the retail sector into the green and was among the major […]
Technical analysis is an integral part of our covered call writing decisions for both stock and option selections. It also impacts our exit strategy decisions. KORS has been a favorite of Blue Collar Investors for quite some time as a frequent member of our Premium Stock List. For the week of September 16th through the 20th, KORS was ‘bumped” from […]
The Securities and Exchange Commission announced on Thursday that it has charged former Microsoft senior portfolio manager Brian Jorgenson and his friend/business partner Sean Stokke with insider trading ahead of company announcements.
They are also criminally charged by the U.S. Department of Justice.
According to the SEC, Jorgenson obtained confidential information about upcoming company news through his work in Microsoft’s corporate finance […]
Stocks moved higher on Wednesday, even after a reduction in monetary stimulus measures was announced by the Federal Reserve. The Fed said it was certain the economy was strong enough so that it could effect a modest taper to its stimulus program. The Dow and S&P 500 also finished at new record highs on the day. All the sectors in […]
Benchmarks ended in negative territory on Tuesday, as investors cautiously awaited the outcome of the Federal Open Market Committee meeting to gain further insights into the Fed’s next move. The two-day policy meet is expected to decide on the future of the Fed’s stimulus measures. The two-year budget deal also sailed through a test vote in the Senate, indicating that […]
