Even a modest increase could have a major impact on your financial life. Here's how you can help offset the risks, while taking advantage of opportunities. With the economic recovery taking hold, many market watchers foresee an inevitable, steady rise in interest rates. Three years ago, in an effort to stimulate economic activity, the Federal Reserve began purchasing long-dated government bonds and mortgage-related bonds, thereby forcing down long-term interest rates – a program known as quantitative[...] read »
Though most of my analysis is focused on the monthly and weekly charts, the even longer term charts have less noise, which can reduce the number of false signals. This is one reason why I have found John Person’s quarterly pivot analysis so interesting. As I pointed out in my recent workshop at the Las Vegas Trader’s Expo, the Spyder Trust (SPY) has stayed above its quarterly pivot all year. This is consistent with a positive major trend. Several times a year, I also examine the yearly charts[...] read »
China Mobile subsidiary seems to be taking orders for the iPhone 5c and 5s. read »
‘Tis the season for giving and gratitude, and the holiday spirit is infectious; after all, studies say we are “hardwired for giving.” In 2011, 85% of donors gave during the end-of-year giving season. But while we feel the urge to give every holiday season, we don’t always take the time to reflect on why we give and what we really aspire for our gifts to accomplish. As the year comes to a close, it is time to consider how we show our generosity, so we can allocate our resources deliberately and effectively. For[...] read »
Tata Motors records lowest sales in years, but stock price holding up. read »
The road to a billion-dollar fortune is paved with $60 blazers. While the young tech titans behind today's social networks might get all the press coverage,[...]
Reports that Gianni Versace is selling a 20% stake for more than $1 billion would suggest major shareholders, including the designer's granddaughter Allegra and brother Santo billionaires, while Donatella would remain a few dozen million below the mark. read »
Video For the second week in a row Ukraine has been in the spotlight as a large-scale uproar has overtaken the Eastern European country. Despite bloody clashes with the police, thousands of Ukrainians continue protesting against their government. On Monday, the media reported, protesters blocked government buildings and the main avenue in [...] read »
Vitali Klitschko has successfully made the transition from heavyweight champion boxer to politician in his native Ukraine