What’s his story? Howard D. Shultz was born in Brooklyn, New York, on July 19, 1953. His family was poor and they had to move to a housing project when he was 3.

Schultz was a natural athlete and was a great basketball and football player. He got a football scholarship to Northen Michigan University in 1970.

He graduated with a degree in communication in 1975 and started working as salesman for a company that sold European coffee makers in the U.S. He was rising through the rank and eventually promoted to director of sales in 1980.

He noticed that he was selling more coffee makers to a small operation in Seattle, Washington, known then as the Starbucks Coffee Tea and Spice Company, than to Macy's. "Every month, every quarter, these numbers were going up, even though Starbucks just had a few stores," Schultz later remembered.

Howard Schultz still distinctly remembers the first time he walked into the original Starbucks in 1981. "I had never had a good cup of coffee. I met the founders of the company, and really heard for the first time the story of great coffee”.

A year after meeting with Starbucks' founders, in 1982, Howard Schultz was hired as director of retail operations and marketing for the growing coffee company, which, at the time, only sold coffee beans, not coffee drinks.

In 1983, while traveling in Milan, Italy, he was struck by the number of coffee bars he encountered. An idea then occurred to him: Starbucks should sell not just coffee beans, but coffee drinks. Eventually, he became CEO and chairman of the Starbucks.

In 2000, Schultz publicly announced that he was resigning as Starbucks' CEO. Eight years later, however, he returned to head the company.

 

What about today?  Howard D. Schultz is best known as the chairman and CEO of Starbucks, and is worth $2 billion.

 

September 18, 2014 - Market News Daily 

U.S stocks climbed following the FOMC statement which was released today. The statement also influenced the gold price which dropped to a 9 months low.

The Europeans markets were pretty high today as Scotland’s vote for independence is still going on and should be concluded by tomorrow morning.

Asian markets were mixed today, with both drops and climbs for several shares.

 

  1. U.S and European stocks were rising today.

  2. Alibaba’s shares are going to be priced today after the markets close. On Friday you will already be able to trade the stock under the name “BABA”.

  3. The pound and oil prices might change a lot today due to the Scotland vote of independence.

  4. iOS 8 is out today and we should see changes in the Apple share.

  5. Amazon made a bunch of announcements which can affect their share.

 

What’s his story? When he was a young boy, Kenny Troutt had only one dream: to be rich. Troutt’s father was an alcoholic bartender that kept telling young Kenny that he will always be a failure. Eventually Troutt’s parents got divorced and he had to move to a housing project with his mother and 2 brothers. That was the time that Troutt decided he was going to prove his father wrong.

His first “business” was charging friends 50 cents to enter bike races that he organized. The prizes were trophies that he made himself. Troutt’s mother was a school cook and a waitress and it was very important for her that Kenny will get proper education - “My mom was born poor, raised poor, and was going to die poor," says Troutt.

 

Troutt entered university in 1966, but failed his courses and had to leave by his second year. His mom convinced him to try again so he entered a different university and graduated with a C- average. Troutt was apparently a brilliant salesman. During his last year he had a job that earned him $75,000 a year selling insurance.

Troutt quickly got tired working for a big insurance company so he began selling home waterproofing. Eventually the job led him to Omaha in 1971, where he started his own construction business. At first the company did well, but later on collapsed due to rising interest rates and some bad investments. At 1982 Troutt left his company and his first wife behind.

 

With only $148, Troutt started selling oil leases over the phone and raising money for drilling deals. He made $200,000 but had to finally leave when there was no more oil at the area and prices dropped.

Troutt then created Excel, a communications company. He used independent reps who sold to friends and family and was reselling phone service on other companies’ networks. This saved him hundreds of millions of dollars.

 

In 1993, he married Lisa Copeland, who joined him at his company and helped a lot in the marketing department.

What about today?  Troutt is the CEO of Dallas-based Excel Communications Inc., is worth $1.5 billion and owns a 13,000 square foot mansion.

 

 

"I can remember living in the housing projects and being broke like it was yesterday," says Troutt. Indeed, he jokes that he is still so unaccustomed to wealth that he sometimes wakes up in his mansion thinking he needs to check out before he's charged for another night.

 

"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."

-Warren Buffett

 

 

 

"Never invest emergency savings in the stock market."

-Suze Orman



 

"One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world."

-Ron Chernow

 

 

"Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it."

-Peter Lynch

 

 

"he reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains."

-Mark Skousen

 

 

"I used to go to Vegas and play the horses, and then I realised how ridiculous that was. There is no winning in gambling, but there is on the stock market."

-Josh Brolin

 

 

"I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can't make a lot of money at their jobs have been able to make a lot of money in the stock market."

-Jim Cramer

 

 

"What I put in the stock market, I don't have to touch in my lifetime. I want to live off my bonds. I want to be that safe."

-Monica Seles

 

 

"When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed."

"The techniques I developed for studying turbulence, like weather, also apply to the stock market." 


-Benoit Mandelbrot

WRITE DOWN YOUR FAVORITE QUOTE IN THE COMMENTS

 

 

The Gaza situation is over, Israel stabilize and that’s the money making machine for any trader. The investors once again are reassured to invest money in Israel’s companies and the Binary Options Traders can profit on Sunday.

 

After understanding of the fundamental analysis lets go over on a technical analysis. 

 

TA-25 = [ TEL AVIV 25 ]

TA25-07092014


Pic From Bloomberg

We can see strong start on Sunday all the Israeli companies gain positive percentage and climbing up. For a trader it’s great news, unless a crucial change like a bomb attack occurs in Israel the stock will end on a high note in 1PM GMT time.

 

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