If you missed Adam on CNBC Asia’s Cash Flow with Oriel Morrison last night (11/07/13) we have the video for you to watch.
Watch as Adam discusses Twitter (NYSE:TWTR), Apple (NASDAQ:AAPL) , Netflix (NASDAQ:NFLX), and Amazon (NASDAQ:AMZN). Adam also expresses his views on FED tapering, Obamacare and today’s Non Farm Payroll numbers.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 1st of November.
Last month was a great month for many investors, myself included, as all of my stocks moved in a favorable direction. I see little reason to change my analysis of the markets as I expect them to continue to move higher in November. This is partly due to the Fed continuing with its $85 billion a month bond buying binge. With Apple's iPad going on sale worldwide today, I see great sales coming for the retail sector as the public buys into the holiday season.
One major concern on the horizon is the roll-out of the “Affordable Care Act” (Obamacare), which is going to have an effect on one sixth of the economy here in the United States. So far, the roll-out has been a big disappointment, as many people are seeing potential increases in their insurance rates with this new plan. If rates increase substantially, then that money will be coming out of the economy, which will not necessarily be a good thing. Continue reading "Will Amazon (AMZN) Make It To $400?"
Today the House will vote on a short-term government funding bill that will include a provision to defund Obamacare. Of course, this provision will be opposed by Senate Democrats and President Obama.
If they can't work out a compromise, many functions of the federal government will be shut down indefinitely on Oct. 1st. Federal Reserve Chairman, Ben Bernanke, noted that "a government shutdown and, perhaps even more so, a failure to raise the debt limit could have very serious consequences for the financial markets and for the economy."
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Every Success,
The INO.com Team
Of course you've heard of "liar loans"—in the heyday of subprime mortgages, unscrupulous lenders handed out mortgages to practically everyone with a pulse. "So you're saying you make $100,000 a year? Great, check this box titled 'McMansion.'"
We all know how this charade ended. Now Dr. Elizabeth Lee Vliet, M.D., an acclaimed expert on the subject of Obamacare, warns that the delay of the employer mandate by one year will force Americans into a single-payer system, raising insurance premiums and encouraging "liar subsidies" that might prove fiscally devastating. Not to mention that under the new health care system, you may well end up dead…
Dan Steinhart
Editor, Casey Research
Obamacare is a hodgepodge of new regulations, requirements, and penalties. I'd like to start by defining three terms, which, while obscure today, should begin to enter our everyday vocabulary as Obamacare continues to take effect: Continue reading "10 Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life"
On Thursday after months of speculation the Supreme Court will hand down it's ruling on Obamacare. We want to know....
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Every Success,
Jeremy.
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