The US added 147,000 private sector jobs in November, according to the Labor Department. While that figure is actually below the monthly average this year, it was better than what most experts had expected as Sandy appears to have had minimal effect on hiring in the month. The official jobless… Read More

With one month to go until the end of the year, the clock is ticking for Washington to deliver an agreement to stave off the dreaded fiscal cliff. While both Republican and Democrat leaders have stressed their willingness to deal, significant differences on how to balance spending cuts with revenue… Read More

We hope that everyone had a wonderful Thanksgiving Day with family and friends. While many Americans enjoy the day off and get their holiday shopping started in earnest on Black Friday, US stocks are poised to finish this shortened week strongly thanks to encouraging signals from Europe that a deal… Read More

As President Obama met with Congressional leaders in the White House to discuss a deal to avoid the so-called “fiscal cliff,” stocks erased early losses after House Speaker Boehner told the press that the initial talks were “constructive” – an indication of how much the market is hungry for anything… Read More

President Obama won another four years in the White House on Tuesday by carrying almost every swing state. The markets, however, didn’t like the results because Romney is seen to be more business- and investment-friendly than Obama. Moreover, Ryan has a lot of clout with House Republicans and could have… Read More

Vivus (VVUS) reported earnings today, booking a loss of 40 cents per share. But at this stage, it is the early Qsymia sales results that matter the most – the drug was launched in mid-September. In the remainder of the third quarter, there were 656 prescriptions written. However, in the… Read More

Sandy has come and gone, and much of the East Coast is starting on the road to recovery from the devastation left behind by the hurricane. Most of the Leeb Group family is still without power or water, but we are all safe. We hope that you and your loved… Read More

Although the S&P 500 is down about 2 percent for October, corporate earnings has been mixed and numerous companies have issued warnings about demand weakness ahead, the stock market by and large does not look like it is breaking down. Despite the lackluster macroeconomic outlook, most companies are in sound… Read More

While encouraging economic data, in particular surging housing starts and permits numbers, drove stocks higher earlier this week, light quarterly earnings results from blue-chip companies like Intel (INTC), Google (GOOG), Microsoft (MSFT), McDonald’s (MCD) and General Electric (GE) are sending shares lower as the week winds down. Depending on how… Read More

A surprisingly positive consumer sentiment reading gave stocks an early jolt, but the S&P 500 is headed for its worst week since late May as earnings and Europe concerns weigh on market participants’ minds. The classic adage of “buy the rumor, sell the news” came into play here. After the… Read More

Both the ADP September jobs report for the private sector and the Labor Department’s initial jobless claims numbers suggested that the job market may be a little better than expected, and today the Labor Department’s much-watched monthly employment report gave the markets an initial cheer as the unemployment rate unexpectedly… Read More

Welcome to the first issue of Brain Trust Profits! We hope that you will find our service interesting, informative, and most importantly, highly profitable! Our weekly issues will be a mix of market commentaries and frequent reviews of open positions.  … Read More

The inaugural issue of Brain Trust Profits will be emailed to you and posted on this website on Friday, September 28, 2012. Our mission is to provide you with the very best high-potential stock picks and investment ideas from Wall Street’s best and brightest minds. Read More