I feel this is the most important poll that we have ever taken on our website. The reason I say that is that we have never faced uncertain times quite like this. Some of you are going to say, "Adam this is a political posting and not market related." I'm going to respectfully disagree with you as it has everything to do with the markets. What is affecting the minds of investors and the market has, in a large degree, everything to do with Ebola and ISIS. You only have to look at what has happened to the markets in the past two or three weeks. There is not a person I've spoken with in the past two weeks who isn’t concerned about Ebola and what's going on in this country. Forget politics, Ebola doesn’t care if you are a Republican, a Democrat, or an independent. Ebola has no political agenda.
Former Federal Reserve Chairman, Ben Bernanke, was addressing the National Investment Center for Seniors Housing and Care conference in Chicago on Thursday and said that, "I recently tried to refinance my mortgage and I was unsuccessful in doing so." He went on to explain that lenders "may have gone a little bit too far on mortgage credit conditions" according to the Bloomberg report.
I thought I would ask you the same question today....
As always, I would love to hear you thoughts on the subject. Please take a moment to vote and leave a comment.
IPO day has finally arrived for the Chinese e-commerce giant Alibaba Group Holding. Alibaba Group Holding will trade on the NYSE using the symbol BABA. Alibaba's IPO debut has become a hot debate for the market. The demand for its shares has risen so much so that the bankers had to stop taking orders in some places recently.
That leads us to our poll question today....
As always, we would love to hear what you thing about Alibaba Group Holding (NYSE:BABA).
Labor Day is upon us here in the U.S. and it marks the unofficial end of summer. The kids are back in school, the NFL is about to start their season and investors will come back to the markets after their summer break.
When they come back, they will see that the S&P 500 hit the 2000 level and we are in the 4th longest bull run in market history. There seems to be a growing confidence for the market to head higher. What do you think?
As always we would love to hear your thoughts on the markets. Please take a moment to vote and leave a comment.
Have a great holiday weekend,
The INO.com Team
A couple of days ago we came across an article on Bloomberg about an upcoming auction (6/27/14 - Today) on a cache of Bitcoins worth about $17 million. The auction is for 29,656 Bitcoins, which are part of more than 144,000 the FBI transferred to U.S. Marshals after shutting down the Silk Road marketplace and arrested its operator last year. This auction offers a rare opportunity to secure a large amount of the virtual currency at one time.
Here's a link to FAQ's about the auction - Bitcoin Auction FAQ's
I thought it would be interesting at ask....
As always, we would love to hear what you have to say on the subject of the auction or just Bitcoin (BITCOIN:BITSTAMPUSD) in general.
If you're like me, I've wanted to Apple (NASDAQ:AAPL) stock to my portfolio, but it's too pricey for me to buy at its current level. With Apple's seven-for-one stock split happening after the close of business today, I'm excited to add it to my holdings next week. At the current price, the new shares would be worth $92.12 after the split takes effect Monday.
I wanted ask everyone if they will be....
Please take a moment to vote and leave a comment with your thoughts on Apple's stock split.
In his latest book on Wall Street, author Michael Lewis claims the stock market is rigged - What do you think?
To get more background on Lewis' claim, you might want to check out this recent "60 Minutes" video clip.
Vote first, then share with us what you think and have the chance to win a brand new copy of "Flash Boys," the book that started the uproar on High Frequency Trading. You have to leave a comment in order to win a copy of the book. We will pick the most creative comment!
The INO.com Team
In all the years I've been following the markets there comes a time like now, when geopolitics takes center stage. I am of course referring to the recent annexation of the Crimea by Putin. The question now is with a very tepid response from the US and the EU will Putin say to himself Crimea was easy I'll do the same thing with the Ukraine. With an approval rating of 80% back home in Russia, Putin and has little to worry about as he practically walks on water in the minds of most citizens.
What are your thoughts on:
Thank you for taking the time to share your comments and viewpoint with us.
Every success in Q2 and beyond,
With January coming to a close, 2014 is certainly off to a rough start. Looks like the DOW will close down about 4% for the month, the S&P 500 down close to 2.5% and the NASDAQ down around .80%. And, it doesn't look like the news is going to get better any time soon.
The Fed announced this week they are going to cut another $10 billion from their $75 billion bond buying program, to make it $65 Billion. When will they pull the rug out completely?
Jobless claims rose more than expected by 19,000, to make 348,000 total claims. The four week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, edged up 750 to 333,000.
With all of that in mind, we wanted to ask....
The INO.com Team
The challenges for Janet Yellen if she becomes the next Federal Reserve chair will require both the steely intellect and the personable style that many attribute to her.
Deciding when to slow the Fed's economic stimulus. Forging consensus from a fractious policy committee. Calculating the effects of any economic slowdown from Washington's budget fight. Facing volatile financial markets. Absorbing new members at the Fed.
First, though, Yellen will have to get there: She'll need to overcome Washington's toxic political environment and win confirmation from the Senate.
It's almost enough to make you wonder why she'd want the job, but a better question is....
Yellen is widely seen as a "dove" on Fed policy: She stresses the need to use the Fed's tools to boost growth and reduce unemployment in the sluggish aftermath of the Great Recession, rather than worry about igniting future inflation. [Read more...]