Full Circle Capital Corporation (FULL) will report financial results for the first quarter of fiscal 2013 ended September 30, 2012 and its quarterly report on Form 10Q after the market closes on Thursday, November 8, 2012. A live webcast of the conference call and the accompanying slide presentation will be available at http://ir.fccapital.com/CorporateProfile.aspx?iid=4151676. All participants Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
January Consumer Spending Growth Weak
Consumer spending rose less than expected in January even as incomes improved, an indication that Americans may still be unsure about the slowly recovering economy. Personal income increased 0.3% from the prior month while spending rose 0.2%, the Commerce Department said Thursday. In December, spending was flat, but incomes rose 0.5%. Economists surveyed by Dow Continue reading →
ISM Feb Manufacturing Index Falls
The U.S. manufacturing sector’s expansion slowed in February, according to data released Thursday by the Institute for Supply Management. The report followed disappointing data covering January consumer activity that led some economists to mark down their estimates of first-quarter economic growth. The ISM’s manufacturing purchasing managers’ index fell to 52.4 last month from 54.1 in Continue reading →
Is Santa Claus Rally undergo?
As I wrote yesterday, we could break down thru the support or bounce back. The market was oversold and there were no significant negative news to push it lower, however because of Europe, there still was a risk of going lower. It seems like we are bouncing instead. The SPX surged 2% up at opening Continue reading →
Today’s trading
The trading was a bit quiet today, however the market tanked due to banks. I also think it was partially due to European crisis as well. Recently in Germany a poll was taken and it revealed that more than 50% Germans wish to go back to Deutsche Mark rather than staying with Euro. More and Continue reading →
Even the EU leaders admitted they were surprised of the rally
Yesterday I have read an article in The Guardian that even the EU leaders were surprised of the Friday rally: “We were quite surprised that the markets reacted as well as they did on Friday,” EU officials said on Sunday. “We thought they would really tank and there’s still this legal uncertainty hanging over the Continue reading →
Europa: once again an important “nothing” came out
Here we go again. How many times have we heard the same proclamations out of the European leaders summits? Investors are hoping for leaders to give them a solution and they take every word those politicians say very seriously and – overreact. So what we have heard so far? Nothing actually. Every day we hear Continue reading →
Market rallies on utopia
Last night, the European leaders tentatively agreed on national budgets controlled by Brussels. I cannot imagine Greeks, British, Spain, Czech Republic, Slovakia or other European countries with historical animosity towards Germany and each other allowing anyone telling them what they should do with their national budgets. Also, the agreement counts on lowering the deficits of Continue reading →
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