The ADP Employment Report for the month of January 2012 was released on Tuesday morning. Their current estimate is 175,000 jobs created in the month of January. That’s slightly lower than the consensus forecast of 185,000. Despite the bad news the market continues to hold strong. Earnings season continues this week with Amazon (AMZN), Exxon Mobile (XOM), and The New…
Earnings season continues in a big way. This week there are more than 110 S&P 500 companies announcing earnings. On Tuesday Apple (AAPL) released earnings for the quarter ended on December 30 2011. The company had a 73% increase in sales year over year. Also reporting this week are tech companies Netflix (NFLX) and Yahoo (YHOO). Keep an eye out…
It’s another exciting week for the market. We’ve got European debt downgrades and year-end earnings! This week we’ll see big financials like Wells Fargo (WFC), Goldman Sachs (GS) and Bank of America (BAC) reporting. A number of the important tech companies are releasing earnings this week as well. Including International Business Machines (IBM), Intel (INTC), Google (GOOG), and Microsoft (MSFT).…
Judging from the U.S. news coverage one might think New Hampshire was the capital of the world. But the global economy does not revolve around one of the smallest states in the country. What we should be paying attention to is the highly anticipated earnings season. This week it’s finally getting underway with companies like Alcoa (AA), Supervalu (SVU),…
It’s finally a new year and a new quarter. While many people are excited for the New Year, some aren’t so happy. You see, it also happens to be 2012, the year the world ends according to the Mayan calendar. Regardless of your stance on this end of the world nonsense, if we do wake up to a post-apocalyptic wasteland…
Out With The Old, In With The New… Well, we’re at the end of 2011, and about to embark on a new adventure called 2012. While many market commentators are talking about the past year, and what could have been, I want to do something different… I want to talk about the future. I truly believe 2012 is shaping up…
The Santa Claus rally seems to have taken hold. Why the improvement? Maybe it’s progress on the European situation, or renewed faith in the economic future of the US. Or maybe it’s good holiday feelings brought on by all the increased consumer spending. Whatever the reason, here’s an electronic retailer with a unique sales strategy for you to put on…
Markets have had an impressive couple of weeks. The Dow was at 12,196 at the close on Wednesday. That’s up from a healthy 12,045 a week ago. Remember – two weeks ago the Dow closed at 11,257. That’s an increase of almost 1,000 points in half a month! As a result there’s a lot of food for thought out there…
This is historically a big week for the market. In happier times November itself is generally a strong month. And while the month as a whole has been weak, these last few days have been really strong! Improved sales during Black Friday have given the Dow and S&P a boost. On Friday the Dow closed at 11,231. Yesterday we closed…
Editors Note: Because of the Thanksgiving holiday, we’re bringing you this issue of Zen Money News a day early. We want to wish you and your family a happy and safe holiday! It’s official… there will be no super committee budget decision. At least no deal delivered on time. Add that on to Europe’s continuing sovereign debt crisis, and…