Weekly Update for May 10, 2010
May 10, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “You’re born an original. Don’t die a copy.”– John Mason
What Does The NASDAQ Stand For?
April 8, 2010 by Pete Mitchell
Filed under All Posts, Other Market Info
This is actually a fun question for me, because people ask me, what exactly does the NASDAQ stand for? Well, if we were back in 1971 when the NASDAQ was created, I would say it stood for the National Association of Securities Dealers Automated Quotations, the NASDAQ.
March 8, 2010 Weekly Economic Update by Pete Mitchell
March 7, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
The Labor Department reported only 36,000 net job losses last month, so the jobless rate was flat for February, unless you were one of the 36,000 that lost their job, then it was pretty close to 100%. Economists had widely assumed the unemployment rate would inch upward due to winter weather affecting construction and retail industries.1 As I’ve been saying for a while, we are not out of this, not even close.