In the past weeks analysts have been estimating where the DOW Jones Average is heading as get closer to the end of the year. There were even some reports that one super bear was estimating 5k on the DOW. However, Ed Butowsky thinks the market is heading towards 16k by the end of the year. Ed Butowsky, wealth manager, financial advisor, and...
The SAC saga has been covered across the media, and in its latest installment the question has become whether the giant hedge fund has lost virtually all of its outside capital. Last Friday was the last deadline to file for redemptions. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins...
The DOW finished its worst week of the year, but the last five days have been filled with more than just news about stocks. Interest rates soard and corporate profits are slugish, and the housing industry seems to be cooling off. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The...
The embattled hedge fund is preparing to give back most of the client money it still manages. This is according to recent article in The Wall Street Journal. Friday the 16th of August was the quarterly deadline for SAC Capital clients to withdraw their money. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood...
Embattled SAC Capital is bracing for outside investors to pull virtually all of what remains of their money from the firm. SAC is now discussing ways to streamline the company. All this according to the recent article in the Wall Street Journal. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment...
