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Broader Economic Outlook is Stable

Hi there, welcome to my blog! Today I'm going to write about the economy and the Stock Market, and scratch the surface on how they are related. I'll focus on some key aspects I follow that affect both of them, such as hours worked, layoffs, credit card debt, housing cost and defaults, banking data, savings, and the performance of the S&P 500 index. Let's get started! Hours Worked One of the indicators of the health of the economy is how many hours people are working. More hours worked means more income, more spending, and more production. According to the Bureau of Labor Statistics, the average weekly hours for all employees on private nonfarm payrolls increased by 0.2 hour to 34.9 hours in January 2024. This is a positive sign for the economy, as it shows that employers are confident enough to increase their labor demand.

The EV Misconceptions are Astonishing.

Hey, fellow EV enthusiasts! I've been driving an electric car for over a decade now, and I want to share with you what I think is the most common misunderstanding about EV charging. A lot of people assume that EV owners have to stop and plug in their cars all the time, like they do with gas cars. But that's not true at all! The beauty of owning an EV is that you can charge it at home, whenever you want. You don't have to worry about finding a gas station, paying for fuel, or polluting the environment. You just plug in your car at night, and wake up to a full battery in the morning. It's that simple!

Using Googlesheets and Googlefinance to get Closing Averages for Stocks

 Hey, everyone! In this blog post, I'm going to show you how I use Google Sheets to do some cool coding stuff with stock data. Specifically, I'm going to explain how I filter by column and calculate the closing averages over different time periods for different companies. Sounds fun, right? First, let me tell you how I set up my spreadsheet. I have a sheet called "Indicators" where I store all the data I need. In row 2, I have the ticker symbols of the companies I'm interested in, sorted alphabetically from left to right. In row 13, I have a formula that uses the GOOGLEFINANCE function to get the closing prices of each stock for the past 185 trading days. For example, in cell H13, I have this formula: =INDEX(GOOGLEFINANCE(H2,"PRICE",TODAY()-185,TODAY()),,2)

One of my Favorite Mid-Cap Companies, Ethan Allen Interiors (ETD)

 If you're looking for a solid dividend stock in the home furnishings sector, you might want to check out Ethan Allen Interiors Inc. (ETD). This company is not only a leading interior design firm, but also a manufacturer and retailer of quality furniture and accessories. In this blog post, I'll give you some reasons why I think Ethan Allen is a good investment right now. First of all, let's look at the growth rates of Revenue and Net Income. According to the latest quarterly report, Ethan Allen's revenue for the first quarter of fiscal 2024 was $191.8 million, up 4.7% from the same period last year. Net income was $18.2 million, up 10.4% from last year. The company also reported strong operating margins of 14.7%, which reflects its operational efficiency and cost control. Second, let's talk about the expansion of services. Ethan Allen is not just a Furniture Seller, but also a very unique full-service interior design destination. The company offers free design consu...

Hershey Company - An Investment Perspective

Hey, chocolate lovers! Do you have a sweet tooth for investing as well? If so, you might be wondering whether The Hershey Company (HSY) is a good or bad stock to buy right now. Well, I'm here to give you some insights on this iconic confectionery giant and its prospects for the future. This isn't advice. It's my thoughts and I do have a position in HSY. The Hershey Company is one of the largest and oldest chocolate manufacturers in the world, with a history dating back to 1894. It produces and sells a variety of products, such as chocolate bars, kisses, Reese's peanut butter cups, Kit Kat, Twizzlers, Jolly Rancher, and more. It also owns some salty snacks brands, such as SkinnyPop and Pirate's Booty. The company operates mainly in North America, but also has a presence in international markets. The Hershey Company has been performing well in recent years, despite the challenges posed by the COVID-19 pandemic. In 2023, the company reported revenue of $11.24 billion, ...

As we flip our Calendars - A Post on The Cutting Edge of Medicine: A Robotic Revolution in Surgery

Welcome, dear readers, to the fascinating world where science fiction meets reality – the realm of robotic surgery! Over the years, technology has propelled us into realms we never thought possible, and the field of medicine is no exception. In this blog post, we'll take you on a journey through the evolution of robotic surgery, from its humble beginnings to the cutting-edge marvels of today. Buckle up, because this ride is equal parts informative and downright amusing! The Genesis of Robotic Surgery: Our journey begins in the 1980s when the first robots entered the surgical scene. No, they didn't come wielding lightsabers or talking like C-3PO, but they did mark a groundbreaking shift in the way surgeries were performed. The PUMA 560, developed by Unimation, was the pioneer – a robot designed for neurosurgical procedures. While it was a giant leap for medical technology, the PUMA 560's capabilities were still quite limited compared to the surgical spectacles we witness tod...

How to Link Your eTrade Savings Account to Treasury Direct: A Simple Solution for a Common Problem

If you are interested in purchasing Treasury Bills, Notes, or Bonds you might want to consider using Treasury Direct, a website that allows you to buy and sell securities directly from the U.S. Department of the Treasury. However, you might encounter some difficulties when linking your Bank Account to your Treasury Direct account, as I did recently. In this blog post, I will share my experience and how I solved the problem. I have a Morgan Stanley Private Savings Account (eTrade) that I use for my Investments. I wanted to link it to my Treasury Direct account so that I could transfer funds easily and quickly. However, when I tried to add my bank account information on the Treasury Direct website, it did not recognize either the Bank or my Account Number. I was puzzled and frustrated, as I had entered everything correctly using, "Copy and Paste". I decided to call eTrade Customer Service and explain the situation. They were very helpful and courteous, and they suggested that t...