US markets will be closed next Friday for the Easter holiday. The ECB will release its rate decision on Thursday; last month’s release had the bank leaning in more of a hawkish direction on concerns of rising inflation. It is still speculated that the bank will initiate another round of quantitative easing after two rounds of easing that released $1…
The US, France, UK, and Canada will release their quarterly Gross Domestic Product (GDP) numbers this coming week after markets slipped off multi-year highs last week. The US is expected to grow at a rate of 3.0% year-over-year. Treasuries broke out of a 5-month range two weeks ago on expectations of continued growth, but economic reports disappointed this week and…
Gasoline Deficit Looms in U.S. East on Shutdowns: Energy Markets 2012-03-22 14:05:46.263 GMT By Paul Burkhardt March 22 (Bloomberg) — The biggest wave of refinery closures on the U.S. East coast is raising the specter of gasoline shortages during the peak-demand driving season. The region will have lost almost half of its refining capacity in six months by July, according…
Lange Financial Services began saying the economy is getting better and there will be no double dip etc on This site beginning before the elections in 2010. See archived posts. Jim Cramer: Economy Set for a Long-Term Bull Run Published: Wednesday, 21 Mar 2012 | 6:29 PM ET Text Size By: Bruno J. Navarro If you have a sense that…
Stocks to Begin a ‘Steady Upward Trajectory’ Goldman Says Goldman Sachs Group Inc. said stocks will probably begin a “steady upward trajectory” over the next few years as any declines in economic growth are already reflected in share prices. “Given current valuations, we think it’s time to say a ‘long good-bye’ to bonds, and embrace the ‘long good buy’ for…
This coming week there is a slew of economic data supporting the prices of and demand for the housing market. Improved demand in the housing market will be essential for the economy to continue into a self-sustained recovery. Economists expect housing market sales to have reached the highest level since May of 2010, spurred by record low mortgage rates. To…
We have had Qualcomm ( QCOM ) on our Favored Stock list since it was trading about $50.00 per share. It was at that $50.00 share price when Lange Financial Services added it to the list. There is still more room for further upside potential of 30% possible from the closing price of $65.21 according to Barron’s below. Qualcomm Inside…
PERSONAL TECHNOLOGY Updated March 15, 2012, 9:17 a.m. ET New iPad: a Million More Pixels Than HDTV By WALTER S. MOSSBERG Apple’s AAPL +0.44% iPad could be described as a personal display through which you see and manipulate text, graphics, photos and videos often delivered via the Internet. So, how has the company chosen to improve its wildly popular tablet?…
LANGE FINANCIAL SERVICES: MARCH 13, 2012 8:00PM Today, the market enjoyed a clear cut breakout after a six-week correction/consolidation phase after rallying sharply from the October bottom, the level at which we became very bullish. The NASDAQ, the S&P 500 and the DOW all reached at least three year highs. We believed, and stated on the site, that the pullback…
Will Greece Resolution Spark a Bigger Crisis? Published: Thursday, 8 Mar 2012 | 2:58 PM ET By: John Carney Senior Editor, CNBC.com Markets around the world were buoyed on hopes that Greece’s long and winding journey to debt restructuring may at last be its final port of call. But some are warning that this may actually be the beginning of…
The Federal Reserve will issue its rate decision next Tuesday afternoon. Markets and economists expect the Fed to keep interest rates unchanged and make hints toward another round of easing. A recent Wall Street Journal article suggested the Fed may choose a path of sterilized quantitative easing whereby it prints new money to buy new bonds but “sterilizes” the purchases…
Non-farm payrolls increased 227,000 in February Brian S. Wesbury – Chief Economist Robert Stein, CFA – Senior Economist Date: 3/9/2012 Non-farm payrolls increased 227,000 in February and were up 288,000 including revisions to December/January. The consensus expected a gain of 210,000. Private sector payrolls increased 233,000 in February. Revisions to December/January added 42,000, bringing the net gain to 275,000. February…
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Positive economic news was offset by struggles in the energy sector as the markets lagged slightly, slowing the torrid growth that has defined 2012 so far. The Dow slipped 5 points or 0.03% closing at 12,977. It is up 6.2% for the year. The Nasdaq closed up 13 points or 0.4% finishing last week at 2,976. The Nasdaq is up…