The Coming ObamaCare Shock Millions of Americans will pay more for health insurance, lose their coverage, or have their hours of work cut back. By DANIEL P. KESSLER In recent weeks, there have been increasing expressions of concern from surprising quarters about the implementation of ObamaCare. Montana Sen. Max Baucus, a Democrat, called it a “train wreck.” A Democratic colleague,…
MY ATTITUDE It’s official; I don’t know anything. I thought for sure that given such a clear choice, Americans would vote for love of country over revenge. I was wrong. I thought, that just as every presidential election in my lifetime, the bad economy would be hung around the incumbent’s neck, sinking him. I was wrong. I thought that even…
On a personal note, I have been extremely fortunate in that I too have had a ” Joe Kittinger ” in my life and as a result of his wisdom, time, knowledge, and most importantly, friendship, I have accomplished things that surely I would not have. This includes trading in the markets as well as every day general life decisions…
LANGE FINANCIAL SERVICES: MARKET UPDATE: February 20, 2012 8:00pm Since the middle of January, there have been increasing calls by practically everyone for a decline of perhaps 10% in the popular market indexes. While it is hard to rule out a correction/consolidation given the 24% rally in the S&P 500 from the early October bottom, we expect that any decline…
THE NEW TAX NUMBERS FOR 2012 Things to Consider A number of figures used in tax and retirement planning have been updated for 2012. Most limits for pension and IRA contributions have been increased slightly. For example: The maximum contribution that can be made to a defined contribution plan in 2012 under Section 415 is the lesser of $50,000 or…
LANGE FINANCIAL SERVICES DECEMBER 27, 2011 8:45AM Since our last update in November, the market remained in an almost unpredictable, volatile, and difficult trading environment state, largely reflecting the deteriorating Euro financial crisis. Many stocks had declined noticeably in recent months due to prevailing uncertainties and are still well below earlier peaks. During this period, as well as in prior…
We believe, as per below. that this week is a critical week for the Eurozone. While we have had some promising news in the last week, and tonight in Italy, its important things keep moving in the right direction. Our markets here have rallied nicely last week as expected. We have always maintained the position that one needs to “buy…
Earnings seasons goes into high gear next week with major banks such as Citigroup (C), Wells Fargo (WFC), Bank of America (BAC), Goldman Sachs (GS), Morgan Stanley (MS), US Bancorp (USB), and Suntrust (STI) reporting earnings. As Toddo has long said, banks usually lead the way in market movement. Tech companies such as Apple (AAPL), Yahoo (YHOO), eBay (EBAY) and…
After today’s market action and events, I wanted to write a few random thoughts off the top of my head. First off lets take Apple. The shares rallied about $30.00 in the past five trading days ( September 15 they closed at $392.00 and they ran to a new high of $422.86 on the 20th) on pure RUMORS and Blog…
The 9 Things That Will Disappear In Our Lifetime… Whether these changes are good or bad depends in part on how we adapt to them. But, ready or not, here they come. 1. The Post Office Get ready to imagine a world without the post office. They are so deeply in financial trouble that there is probably no way to…
Apple iPad Tablet Shaking Up How Firms Do Business By PATRICK SEITZ , INVESTOR’S BUSINESS DAILY Posted 09/16/2011 02:52 PM ET First pitched as a consumer product, Apple’s (AAPL) iPad has taken the corporate market by storm less than a year and a half after its debut. Companies such as Boston Scientific (BSX), Salesforce.com (CRM) and SAP (SAP) have deployed…
This is the speech I would make if I were President Obama: My fellow Americans, let me get right to the point. I have three bold new proposals to get back all the jobs we lost, and then some. In fact, we need at least 20 million new jobs to restore our lost prosperity and put America back on top.…
How Apple Led The High-Stakes Patent Poker Win Against Google, Sealing Ballmer’s Promise Jul 9, 2011 “It’s not like Android’s free. Android has a patent fee. You do have to license patents.” That was Microsoft CEO Steve Ballmer in an interview last year with The Wall Street Journal. At the time, Microsoft was on the verge of releasing their first…
LANGE FINANCIAL SERVICES. MARKET UPDATE SUNDAY APRIL 24, 2011. 7:00PM This week, 186 companies in the S&P Index of 500 companies will report their quarterly earnings. This will mark the end of this very profitable earnings period. Last year, the market peaked on April26th, followed by a three-month Consolidation/Correction period into July/August 2010. From that time, we have issued repeated…