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Zecco Review | Discount Broker

Zecco has been around for a while and it’s changed its free trading commission structure a few times.  However, Zecco is still one of the few discount brokers who offer anyone free stock trades.  What’s the catch?  Let’s find out in this review.
Zecco Discount Broker’s Commission Structure
The brokerage firm still offers free stock trades, but [...]

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Stock Market Crashes as Dollar Strengthens …

They say it’s the stronger dollar but don’t kid yourself. The stock market has run too far too fast. Today, investors are all of a sudden worried that the stock rise might be overdone. Huh? It has been overdone for about 1-2 months already!
With interest rates rising and the housing market [...]

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U.S. Consumer Sentiment Strongest in 9 Months

It’s hard to tell why the U.S. consumer is so confident when unemployment continues to rise and home values continue to shrink. However, the U.S. consumer sentiment is at its strongest level in nine months, just below the levels in September 2008.
Remember that during that time in 2008, Lehman Brothers went bankrupt and sent [...]

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American Households Lost Another $1.33 Trillion Last Quarter

Q2 may be better but American households lost a total of well over a trillion dollars of their wealth in Q1 of this year from the housing and stock market crash.
Today, the Fed reported that American networth fell to $50.38 trillion in the first quarter of the year and it’s the lowest level since Q3 [...]

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Mortgage Rates Jump to Seven Month Highs to Keep Home Buyers Away

If you didn’t believe me when I said that the mortgage rates have nowhere to go but up, you might now. Rates for the 30-year mortgages rose to the highest levels in seven months.
The rate for a 30-year fixed mortgage is 5.59%, which is a huge jump from the sub 5% level we saw [...]

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Zecco Zirens | Educational Trading Videos

Zecco Zirens is a team of ladies from Zecco Trading that teaches you investing basics. It’s a great marketing gimmick from Zecco to have these ladies on air but I must admit that the actual content is pretty good. You can learn more about them by watching it below.

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McDonald’s Rocks Again in May

Woohoo!  McDonald’s is making money faster than you can say “Big Mac”.  The fast food chain said today that same store sales in May rose 5.1%, aided by, of course, the new McCafe coffee products.  The strongest growth was overseas, while the U.S. sales growth slowed a bit.
In May of last year, the Southern Chicken [...]

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Stocks Gain Again to Extend the Rally – June 2, 2009

Just as everyone thinks stocks couldn’t go any higher, all major indices edged out a gain today.  Of course, the surprising pending home sales number of 6.7% rise vs 0.3% helped, but people are still bullish and just want to buy stocks.  The market was choppy though, indicating that there are many sellers that want [...]

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Number Foreclosures from Good Credit Borrowers Passes Subprime

Borrowers with good credit now make up the majority of the foreclosures.  This is potentially very bad news for the higher end market and a problem we talked about before.
At first, it was subprime in late 2006, which forced a bunch of lenders to go out of business by 2007 and sparked the credit crisis [...]

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Markets Rolled Over Because of Bond Yields

The U.S. market gave back pretty much all the gains of yesterday as a sudden rise in 10-year treasury yields ignited fears that the recovery people are hoping for might not be so healthy.
In mid-day, the 10-year treasury yield rose to 3.75 percent, the highest level since November.  This sparked fears not only that the [...]

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Case-Shiller National Home Price Index Fell at a Record Pace

The Standard & Poor’s/Case-Shiller National Home Price index shows that home prices fell at a record level, 19.1 percent to be exact, in Q1.  This is the biggest drop in the index’s 21-year history, and the worst part is that there are no signs of it bottoming anytime soon.
To date, home prices have fallen 32.2 [...]

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