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Posts tagged ITD

#Fed Begins #Taper

Count this as the tweet of the day, because at 2 PM today, this is all that was then talked about. Today the Federal reserve decided to cut their Quantitative Easing (QE) to $75 billion a month from the previous $85 billion. This will start coming in January. The equity market turned much higher based on this move.

The most important thing about the Fed announcement is that the federal funds rate will stay low 0%-.25% “well after” the unemployment rate goes to 6.5%. Based upon projections this means that it will continue into 2016. What this means for you as an investor is that all of your borrowing rates will continue to stay low. So all those trying to borrow to buy houses, all those trying to get student loans, all those borrowing/financing cars, etc will keep those low interest rates.

Sources: WSJ, CNBC, MarketWatch

ITD – Turn $1000 into $264 Billion with perfect S&P performance in 2013 @stocktwits $SPY

Today’s stock tweet of the day comes from @stocktwits. An article was posted on Stocktwits.com, which is a site dedicated to cash tag tracking (similar to the has tag but uses a “$” rather than a “#” as a┬ápre-pending symbol). This article talks about how if you were to make the best possible move everyday in the S&P 500 you would turn $1000 into just shy of $264 billion.

We chose this simply as an interesting statistic. Performing these types of moves are next to impossible. You have better chances at winning the lottery.

This summary was done by taking the biggest mover in the S&P everyday up until now and theoretically buying at open and selling at close. Notable movers of course have been First Solar ( $FSLR ) and Netflix ( $NFLX ), who both were the biggest movers in the S&P 12 times (see below). Each up 77.28% and 295.63% year to date respectively.

Top S&P Performers

Below is the each day, with the market performer of that day, since January 1st. If you don’t know the company by their ticket name use Google Finance. or another quote service to look them up.

Perfect Performance Per Day

Source: Article, Tweet

ITD – @verge #theverge50

Today’s tweet comes a bit early in the day. @verge has tweeted out a link to a list they have made. The list is an interactive site. Verge doesn’t not do lists too often, and to quote “So without further ado, meet the dreamers, the informers, the noisemakers, the entertainers, the world changers, the old guard, and (yes) the next wave that make up the Verge 50”

This features a number of CEOs and influential people in 2013. Overall a good read. Even for non investors. The article will also be re-shared separately as well.

Source: The Verge 50, Tweet

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