What are Stocks and Dividends?

By Ray Timus

Stock investing can be fun, but it can also be challenging, and it is important for you to get familiar with the main concepts, otherwise this can mix up in your head.

To put things clear in the first place, stocks are paper assets that companies issue when they want to raise money from the investors. Everytime you buy a stock, you actually own a part of that company, so it is important to know how that company is doing.

Key info you need to know before you invest in a stock or in a portfolio of stocks: * When a company sells stocks on the market, they must be issued on a stock exchange, following some transparency rules, and those stocks must have a ticker symbol. This is the short version of the company’s name, and you might find some investors know that company by its ticker: Google has GOOG, McDonald’s has MCD, Coca Cola has KO. * In the financial world, stocks issued by stable and well-known companies are called “blue chips”. Investors feel more safe to put their money in these kind of stocks, and consider these to be the best. Usually, blue chip stocks pay dividends. In US, some blue chips you can invest in are Microsoft, Apple, Procter and Gamble, Coca Cola and many other more.

What are dividends?

* When a company makes consistent profits quarter after quarter, or year after year, the managers can decide to distribute dividends to investors, so you can receive regular inflows on your investment. The logic is similar to receiving a rent from a property investment.

* Blue chips are the big stocks, but there are also penny stocks, that is stocks that have a low price. They usually trade below $5 a share, and tend to be more risky. They usually don’t pay dividends, because they belong to companies that are not having a mature position in their market, or some of them might have financial problems.

So when you buy a stock, do this properly. Start with blue chip stocks, those companies that you hear a lot of news about, and then see how things are going forward. Step by step you can go into more detail and buy more stocks as long as you see the whole process.

To see how you can make smart investments in an easy way go to http://www.forex-investing.net and find here the resource you need !

About the Author

Expert in Forex trading and stocks, having my own company in this field since 2006.

British Economy Better Than US Despite Mixed Economic Signals

By Forex Signs, Inc.

As the British Pound continued its gain against the US Dollar, economists are surprised that this is happening considering that the UK economic reports yielded different figures. Retail sales went up 0.5% in October, which is about the same as its previous figure. This could be good in the long run considering jobless claims fell 3.7K for last month. Public sector borrowing increased to 9.8B last month, which is a record high for October. Though this signals a mixed reaction to traders, one positive thing going for the Pound is the growth of CBI industrial order balance which rose to -15 from last month’s -28. This could signal a growth in British economy as there is demand for their export.

For the upcoming European session, BOE Deputy Governor Paul Tucker is set to deliver a speech at the European Banking Congress in Frankfurt, where he may discuss the possible involvement of Britain in helping the EU’s proposed bailout plan for troubled Ireland. There would be no other economic data scheduled for release which could mean the Pound will trade on the market’s appetite for the US Dollar.

Core Driver of the EU’s Industry

During the previous session, the Euro was influenced to move along the consolidation pattern between the resistance level at 114.12 and support level at 113.34. As a response to the European Union’s agreement to set up a so-called permanent crisis resolution mechanism, which would ensure that private investors will shoulder some of the pain if the euro zone government runs into trouble after 2013.

Momentarily, clear conditions must first be set up in the Euro zone for the sake of the investors and to avoid uncertainties in market.

So far, the Euro is expected to take chances in the bearish channel as risk sentiments seems to weaken along with the overall market standing.

Existing scenarios in the market had most likely been the core driver of the industry’s health; sudden changes in market may also tend to drive the euro’s value as well as the risk sentiments to distinct adjustments.

About the Author

Forex Signs, Inc., Founded in 2006 in Wall Street, New York City, FSI relentlessly strives to be the premier Forex brokerage company in the industry by providing exclusive and unmatched trading and investment related services while constantly developing innovative solutions that cater to the vast requirements of both individual and institutional market participants.

JPY On The Rise In The Forex Market

By James McKee

Just when you thought it was going to look appetizing for importers to again seek out goods from Japan the Japanese Yen began an ascent against nearly every major currency, except of course for the US dollar which is in a tailspin. Much of the pair’s current underpinnings with regard to the Japanese Yen not making gains against the dollar have to do with recent US quantitative easing being done by the Federal Reserve. Such “easing” has caused the dollar to lose value even against the Japanese Yen, which might be a celebrated event among Japanese exporters but for traders it signals an all ballgame.

Everything certainly seems to be going upside down where the Forex market is concerned and we are all certainly not accustomed to these trends but we had better learn quickly. I suppose it goes back to my favorite saying “The first step in knowing everything is admitting that you know nothing” and in this market that certainly is the case is it not folks? However the Japanese are not a nation to be out done in the fiscal arena (or any other for that matter) and are doing their own QE.

In a short while the Bank of Japan will begin to purchase 5 trillion Yen in an effort to ease its own beleaguered economy. Of course whether or not any of these efforts prove effective is anyone’s guess at this point. Vigilance and due diligence at this point will be a trader’s best friend in assessing the USD|JPY for many months to come it seems. The Japanese Yen will almost certainly continue to rise against all other currencies except for the USD due to its impending retracement and improved domestic market conditions. Indeed the United States is still in bad shape, Japan just happens to be in worse shape.

About the Author

Author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to check out the forex exchange rates regularly.

What moves the dollar index in the currency market?

Written by Emerging Market Capital FX (EMCFX.com)

There are several investment vehicles but one of the world largest participants is the U.S. bond market where over $800 billion on average is traded daily and in the worldwide market overall is $80 trillion is traded. When the U.S. session opens early in the morning eastern standard time and the actual data is released from the economic indicators, you will see immediately the volatility in the volume of buying and selling pressures that weigh heavily on the dollar index. An example of this could be – “the country is in an inflationary market pressure or deflationary market pressure. Is there more hawkish or dovish comments from the central banks?” Another example is when following the 10-year treasuries which has a direct relation to the dollar index. This will start a rally on a positive non-farm payroll figure which could cause a better than expected result, therefore a huge surge in demand for U.S. dollars.

Who are the participants? World Governments, i.e. the U.S. Treasuries, Japanese Government Bonds, Euro Bunds, British Gilts; Government pension funds, Hedge funds, Private Equity, institutional investors, and traders. The liquidity in the bond market attracts all broker-dealers and large institutions worldwide.

Why look at the bond market? Other countries buy and sell on a daily basis, which merges throughout all the 4 major market session’s i.e. U.S., Asia, Europe, and London. The volume on these transactions can move the market significantly. For example, Japan would sell the Japanese Yen and buy U.S. dollars to make a purchase of the U.S. bonds. This can fuel the demand for U.S. dollars and the dollar index will appreciate. In turn, the U.S. can sell U.S. dollars and buy Euro’s to make a purchase of the Euro Bunds creating a surge in the Euro currency.

Following the bond market conditions and understanding the data released from the U.S. economic indicators can give you an insight on how the dollar index moves. This is just one of the investment vehicles and a good leading indicator on how the traders sentiment on the market conditions.

© 2010 EMCFX

About the Author

Mark Baker as one of the most dedicated and hard working independent providers of forex managed funds to individuals from low to high wealth portfolios. We offer transparent real time platforms for peace of mind. EMCFX can be your alternative source for forex managed funds. Find out more about how to minimize your losses in your portfolio and regain your wealth at http://www.emcfx.com

New Zealand Dollar Devlopments On the Forex Currency Exchange

By James McKee

Amid recent trials and tribulations the US Dollar has suffered significantly on the Forex currency exchange for many different reasons leaving the New Zealand Dollar to rise against it. These gains were made possible in light of recent quantitative easing done by the Federal Reserve that made gains in the stock market possible but caused severe losses in the Forex market. New Zealand’s labor market report has made it even more of a bullish currency as time goes on. Pairing the USD with a currency rising in value such as the New Zealand dollar is a no brainer for any trader.

The New Zealand Dollar is very close to breaking the long held value of .8000 against the USD. This is incredibly significant because this level has never been broken and once it has been this pair will be the new favorite of many traders indeed. Betting against the United States Dollar has just taken on new meaning as things shape up to bear hearty pips to traders in the know. New Zealand’s central bank is keeping interest rates very attractive at the moment, this coupled with rising employment rates are a sure sign that the NZD|USD pair will continue to be bullish for a couple more weeks.

The Federal Reserve Bank in the United States has weakened the dollar to new extremes through supposed quantitative easing measures over the last couple weeks. These measures will continue for the next several months causing global devaluation of the United States dollar gradually. The global economy in all likelihood will completely shed the USD as its reserve currency in the near future. This eventual reality will change the face of the United States to the rest of the world and will usher in a new era of US fiscal policy. The New Zealand Dollar is just the beginning.

About the Author

Author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to check out the forex exchange rates regularly.

GBPUSD rebounded from 1.5839

Being supported by the rising trend line from 1.5296 to 1.5649, GBPUSD rebounded from 1.5839. Now the bounce from 1.5839 is likely resumption of uptrend from 1.5296. Further rise towards 1.6298 previous high is expected next week, a break above this level will confirm the resumption of uptrend, then next target would be at 1.6500 area. However, a break below 1.5839 will indicate that the uptrend from 1.5296 has completed at 1.6298 already, then the following downward move could bring price back to 1.5500 area.

For long term analysis, GBPUSD is in uptrend from 1.4230. Rise to 1.8000 area to reach next cycle top on weekly chart is expected in next several months.

gbpusd

Weekly Forex Forecast

S&P 500, Treasuries, Gold, & Dollar are At Key Price Levels

By  J.W. Jones, OptionsTradingSignals.com

Thursday was another example of Mr. Market playing games with traders and investors as equities and precious metals took part in a strong rally. Some market prognosticators noted short-term oversold conditions across the board while others discussed the potential for a strong reversal that could potentially take out recent highs. In addition to the regular banter, to the average retail investor the market sure looks rigged when the government decides to sell a large stake in a massive IPO offering and a shaky tape suddenly becomes stronger than garlic.

There is a lot going on in the news as of late, and the expiration of the Bush tax cuts looms large on the minds of many, particularly small business owners. So the real question becomes, what should traders be watching or paying attention to before the light volume Thanksgiving week? The answer is simple, watch the tape! The market will provide plenty of clues and it will eventually tip its hand, experienced traders will wait for this process to unfold.

At this point in time, it is a bit early to begin making predictions as to which direction the equities market will go. What we do know is that the market was oversold in the short-term, so this could be a pause before prices turn lower. In contrast, this could be the beginning of another bullish move breaking recent highs on its way to a “Santa Claus” rally. My stance is neutral at this point in time; S&P 1200 should offer significant overhead resistance while S&P 1170 / 50 period moving average is near term support. The chart listed below illustrates these key levels:

S&P 500

If price were to break out above S&P 1200 on strong volume, it is likely that we will see a retest of the recent highs around the 1220 area. Consequently, if price tests the S&P 1170 area and fails price will likely be magnetized to the 1140-1150 area. We will have our answers in due time, but until a definite direction is known, patience is warranted.


Treasuries

As discussed in my previous article, the ProShares Ultra Short 20+ year treasury ETF (TBT) bounced off of the 36 level and put on a short lived rally only to settle toward the bottom 1/3 of its recent price range. After the recent breakout, it would be constructive to see TBT consolidate before confirming a direction. The chart below shows the key levels on TBT:

U.S. Dollar

Instead of illustrating a gold chart, let us focus our attention on the U.S. Dollar Index. The chart below shows the dollar has pulled back and is now testing the 50 period moving average. I am anticipating a retest of the recent breakout over double tops and this key level is illustrated below. If support holds firm, higher prices for the U.S. Dollar in the near term will be likely.

The Contrarian Trade

Thursday’s price action in the S&P 500 offers a great example of the power of options, which are traditionally overlooked by most equity traders or investors. While I did not personally enter this trade, I did enter a short position with tight stops around the S&P 1197 level using futures contracts for a short term trade. I was looking for a short term decline which we subsequently received in the aftermarket and my limit orders were triggered.

The option trade that I discussed with one of my trading buddies and mentor, involved getting short Apple (AAPL) when its price was around $309.50/share. While I did not place this trade as I felt I had plenty of short side exposure via my e-mini futures position, the trade would have worked quite well. So the trade listed below is not a recommendation, but an illustration of how options can be a contrarian traders’ best friend.

AAPL has been trading in the $300 – $320 per share range for several weeks having broken out above $320 only to be smacked down into the range. During the recent selloff, AAPL crossed down through the $300 level only to encounter strong buying that pushed it above the key $300 area by the close of trade that day. Thursday’s rally had AAPL trading above $309.50/share and the 20 period moving average was right around the 310 level as can be seen from the chart below.

The 20 period moving average provides an adept option trader with a key level which he/she can define the risk of a short position using options. Through the utilization of a contingent stop based on AAPL’s stock price, a trader using this setup could place a stop around the $311.25 area to define their ultimate risk. As of Thursday, the AAPL weekly options that expire November 26 began trading.

The trade listed below is a put debit spread:

Buy 1 AAPL Nov. 26 310 Weekly Put – $5.00 / contract based on Thursday’s close
Sell 1 AAPL Nov. 26 300 Weekly Put – $1.47 / contract based on Thursday’s close

AAPL stock closed around $308.43 / Share

The profitability chart reflecting this trade is below:

The maximum risk this trade has per leg was around $350, however through the use of the contingent stop around $311.25, the risk per leg is around $150. The maximum gain would be $650 per leg if at expiration in one week AAPL was trading below $300/share. In the first hour of trading, AAPL sold off below $306 per share. If an option trader had more than one contract on, he/she could take partial profits and place a stop at the entry price insuring a winning trade and allowing room for the trade to run.

Obviously the trader may want to adjust his/her stop based on market conditions, but this is simply an example of what can be accomplished with options. Once the trader understands how to determine the risk that an option trade assumes, he/she can build trade constructions to fit nearly any trading style or strategy. For a contrarian trader, options offer an unbelievable opportunity to mitigate risk and maximize profits. Learning how to trade options does take time and effort, but the potential returns options offer when they are used appropriately are unparalleled.

If you would like to receive my Free Options Strategy Guide & Trade Ideas join this free newsletter:

http://www.OptionsTradingSignals.com

J.W. Jones

USDJPY’s Bearish Trend

By Forex Signs, Inc.

After spiking up at 83.75 levels from the 83.08 levels, which is approximately 67 pips up, the USDJPY this time is taking its chances in a bearish trend channel. For today’s American session, the USDJPY along with the simple MA (50) at M30 time frame is observed to move within the consolidation, while the RSI (14) is also viewed to stay behind the neutral position. However, by shifting at the H4 time frame, the MACD (10, 26, 9) is still seen to stimulate a probable selling opportunity for the upcoming light trading. For the moment, a hold/ sell position is applicable for the current movement of the USDJPY pair, anticipation for a bearish opportunity with the pair’s continuing downtrend pattern for the upcoming trading session is still foreseeable.

After consolidating between the resistance level at 83.40 and support level at 83.08 yesterday, the USDJPY this time is anticipated to move in a bearish trend channel with the simple MA (14) at H1 time frame, moves towards the downtrend channel. Meanwhile, the MACD (12, 26, 9) of the 4-hour chart is starting to show signs of a consolidation at the moment, as the signal line closes its gap with the MACD line. But the anticipation for a probable selling proposal in the upcoming light trading is still visible with the RSI, which still lean upon the neutral position. For the moment, a hold position is seen to be applicable for the current movement of the USDJPY, and anticipation for a bearish opportunity with the pair heading towards the downtrend for the upcoming trading session is still foreseeable.

American Session Outlook

After a hike at 22.5 in the Philly Fed Manufacturing Index and a drop at 9.13 percent from the previous 9.85 percent in the Mortgage Delinquencies, the greenback has seen to move along the bullish trend channel from 83.08 to 83.75 levels yesterday.

As of today’s American session, the greenback is suspected to play along the bearish trend channel as the Federal Reserve Chairman Ben Bernanke is anticipated to be released later.

As head of the central bank, his public engagement at the European Central, in Frankfurt is projected to deliver the overall market to adjustment for this earnestly focus on the future position of the key interest rates that could possibly drive the money supply and inflation rate to a foreseeable alteration.

Momentarily, this engagement is considered to be the primary driver of the greenback in the consecutive events; overall bias may still take chances in bearish trend but light trading is assumed to fall along the consolidation pattern.

About the Author

Forex Signs, Inc., Founded in 2006 in Wall Street, New York City, FSI relentlessly strives to be the premier Forex brokerage company in the industry by providing exclusive and unmatched trading and investment related services while constantly developing innovative solutions that cater to the vast requirements of both individual and institutional market participants.

Robert Prechter Explains The Fed, Part I

The world’s foremost Elliott wave expert goes “behind the scenes” on the Federal Reserve

By Elliott Wave International

The ongoing financial crisis has made the central bank’s decisions — interest rates, quantitative easing (QE2), monetary stimulus, etc. — a permanent fixture on six-o’clock news.

Yet many of us don’t truly understand the role of the Federal Reserve.

For answers, let’s turn to someone who has spent a considerable amount of time studying the Fed and its functions: EWI president Robert Prechter. Today we begin a 3-part series that we believe will help you understand the Fed as well as he does. (Excerpted from Prechter’s Conquer the Crash and the free Club EWI report, “Understanding the Federal Reserve System.“) Here is Part I.

Money, Credit and the Federal Reserve Banking System
Conquer the Crash, Chapter 10
By Robert Prechter

An argument for deflation is not to be offered lightly because, given the nature of today’s money, certain aspects of money and credit creation cannot be forecast, only surmised. Before we can discuss these issues, we have to understand how money and credit come into being. This is a difficult chapter, but if you can assimilate what it says, you will have knowledge of the banking system that not one person in 10,000 has.

The Origin of Intangible Money

Originally, money was a tangible good freely chosen by society. For millennia, gold or silver provided this function, although sometimes other tangible goods (such as copper, brass and seashells) did. Originally, credit was the right to access that tangible money, whether by an ownership certificate or by borrowing.

Today, almost all money is intangible. It is not, nor does it even represent, a physical good. How it got that way is a long, complicated, disturbing story, which would take a full book to relate properly. It began about 300 years ago, when an English financier conceived the idea of a national central bank. Governments have often outlawed free-market determinations of what constitutes money and imposed their own versions upon society by law, but earlier schemes usually involved coinage. Under central banking, a government forces its citizens to accept its debt as the only form of legal tender. The Federal Reserve System assumed this monopoly role in the United States in 1913.

What Is a Dollar?

Originally, a dollar was defined as a certain amount of gold. Dollar bills and notes were promises to pay lawful money, which was gold. Anyone could present dollars to a bank and receive gold in exchange, and banks could get gold from the U.S. Treasury for dollar bills.

In 1933, President Roosevelt and Congress outlawed U.S. gold ownership and nullified and prohibited all domestic contracts denoted in gold, making Federal Reserve notes the legal tender of the land. In 1971, President Nixon halted gold payments from the U.S. Treasury to foreigners in exchange for dollars. Today, the Treasury will not give anyone anything tangible in exchange for a dollar. Even though Federal Reserve notes are defined as “obligations of the United States,” they are not obligations to do anything. Although a dollar is labeled a “note,” which means a debt contract, it is not a note for anything.

Congress claims that the dollar is “legally” 1/42.22 of an ounce of gold. Can you buy gold for $42.22 an ounce? No. This definition is bogus, and everyone knows it. If you bring a dollar to the U.S. Treasury, you will not collect any tangible good, much less 1/42.22 of an ounce of gold. You will be sent home.

Some authorities were quietly amazed that when the government progressively removed the tangible backing for the dollar, the currency continued to function. If you bring a dollar to the marketplace, you can still buy goods with it because the government says (by “fiat”) that it is money and because its long history of use has lulled people into accepting it as such. The volume of goods you can buy with it fluctuates according to the total volume of dollars — in both cash and credit — and their holders’ level of confidence that those values will remain intact.

Exactly what a dollar is and what backs it are difficult questions to answer because no official entity will provide a satisfying answer. It has no simultaneous actuality and definition. It may be defined as 1/42.22 of an ounce of gold, but it is not actually that. Whatever it actually is (if anything) may not be definable. To the extent that its physical backing, if any, may be officially definable in actuality, no one is talking. …

Do you want to really understand the Fed? Then keep reading this free eBook, “Understanding the Fed”, as soon as you become a free member of Club EWI.

This article was syndicated by Elliott Wave International and was originally published under the headline Robert Prechter Explains The Fed, Part I. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

There Are Spies Among Us… and They Can Make You Rich

By Michael Robinson, Editor, American Wealth Underground, TaipanPublishingGroup.com

I’m sure you remember the story. Just a few weeks ago the mainstream media was riveted by revelations that 10 seemingly average suburbanites were actually Russian secret agents.

I’m sure you’ve heard the news. For the big-time reporters the stories had all the high drama of a novel by Ian Fleming, creator of the James Bond series. The infiltrators are alleged to have used forged passports, short-wave radio transmissions and messages written in invisible ink.

Indeed, some reporters even referred to the Russian-born Anna Chapman, described as the attractive 28-year-old redhead at the center of the scandal, as a real-life “Bond Girl.”

Then again, on Wednesdays, Chapman would go to a Manhattan Starbucks with her laptop to engage in high-tech espionage. There, federal officials allege, she would pass information over a wireless network to a minivan circling the block.

And yet indictments in the case indicate the agents operating under “deep cover” never did any real spying and never had access to classified American information.

Does anything strike you as a little odd here?

To me, the story just sounds too good to be true.

So, consider this: If Anna Chapman posed an honest threat to U.S. security, would she have had her own Facebook page using her real name?

The U.S. government seemed to bring a swift close to the scandal by swapping spies with Russia. End of story.

Or was it?

Get Paid 4 Times Your Money Using the Lucrative Secret of China’s “Top Cop”

One senior Communist official is poised to start collecting a million-dollar retirement check, as early as tomorrow. Act immediately and you could ride his coattails for a 400% gain.

Let me show you how in this investment report.

Not when you consider that while you are reading this document real dedicated spies are hard at work trying to obtain access to sensitive American military and high-tech secrets.

And when they’re not trying to steal information, their cohorts are using malicious software code designed to damage computer networks operated
by federal agencies and major corporations.

They are believed to be behind the attacks last January on the computer networks operated by Internet giant Google, Inc. and nearly 150 other companies. It’s not our Cold War adversaries the Russians.

It’s the Chinese.

And they have been spying on the U.S. for years.

Consider that in 1999 the Cox Report submitted to Congress blew the lid off China’s persistent attempts to obtain information about America’s thermonuclearweapons and its most advanced computer technology.

The Cox Report was supposed to be a wake-up call.

And yet China continues to spy on the U.S. on a daily basis — often with great success.

Experts suggest the Chinese have several hundred to several thousand agents posing as tourists, students, teachers, visiting scientists and high-tech employees.

(By the way, investing doesn’t have to be complicated. Sign up for Smart Investing Daily and let editors Sara Nunnally and Jared Levy simplify the market with their easy-to-understand articles.)

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Find out how you could see gains of at least 102.5% from international investments.

In the Land of Mao Big Brother Is Always Watching

Given the hundreds of billions of dollars the U.S. owes China one has to wonder if our government sleuths will work as hard to expose and expunge the Chinese agents the way they did the Russian ring.

Remember how Google got in hot water because the online search firm didn’t want to help Chinese authorities track how their citizens used the Internet?

And that’s not all, not by a long shot. During the 2008 Summer Olympics in Beijing, the government had miniature microphones installed in thousands of taxicabs to monitor conversations, according to an account in the Times of London.

The newspaper cited a 44-page “restricted” report from Scotland Yard as its source. The newspaper also said the Chinese government monitored crowds throughout the city using some 300,000 video cameras.

This year, the city of Shanghai hosted the World’s Fair. Roughly 100 million people are expected to have attended what is touted as the largest such event to date.

Local and national government agencies are estimated to have spent $6 billion to $12 billion on surveillance technology.

Meanwhile, under the government’s pervasive “safe city” initiative, China will spend roughly $25 billion over the next decade to provide comprehensive surveillance in about 660 cities.

That’s on top of an overall security market estimated at $30 billion.

The bottom line: spies are everywhere… not just in science fiction.

P.S. Not only do I believe that spies are among us… I also believe that we can make a lot of money off of them! I just found a Chinese company that has a heavy hand in the “spy situation”… and is perfectly positioned with exclusive contracts that could help them see a 400% spike in stock price in the coming months. You can read my latest exposé here.

About the Author

Michael Robinson is the Editor of Taipan Publishing Group’s American Wealth Underground, an investment research service that focuses on long-term, low-risk investment opportunities in the technology and government-contracting sectors. Michael is a 30-year media veteran who has worked as a staff writer for news outlets including Investors’ Business Daily, National Real Estate Investor, and The Wall Street Journal.

He is a two-time Pulitzer Prize nominee for investigative reporting and produced an award-winning five-part series on a controversial biotech drug while writing for the Oakland Tribune. Michael is also a published author. His book Overdrawn: The Bailout of American Savings uncovered a scandal at Bank of America that led to the dismissal of two executive vice presidents.