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Stories by Terry Ponick

Biographical Note: Dateline Award-winning music and theater critic for The Connection Newspapers and the Reston-Fairfax Times, Terry was the music critic for the Washington Times print edition (1994-2010) and online Communities (2010-2014). Since 2014, he has been the Senior Business and Entertainment Editor for Communities Digital News (CDN). A former stockbroker and a writer and editor with many interests, he served as editor under contract from the White House Office of Science and Technology Policy (OSTP) and continues to write on science and business topics. He is a graduate of Georgetown University (BA, MA) and the University of South Carolina where he was awarded a Ph.D. in English and American Literature and co-founded one of the earliest Writing Labs in the country. Twitter: @terryp17

Crooked Hillary skates, stock market tanks

FBI Director Comey provides proof positive that Democrats like Hillary Clinton and their wealthy pals can ignore inconvenient customs, rules and laws while the rest of the peasants cannot. The same is true for Wall Street crooks. But we knew that.

Brexit wins! UK peasants revolt, world markets crash

WASHINGTON, June 24, 2016 – As we write this on Friday at 7 a.m., traders and investors—or at least those who weren’t up all night—are waking up to the news that, contrary to polling data and late bookmaking odds in London, U,K, voters have decisively voted to leave the European Union (EU), a process that’s ...

Anton Yelchin, ‘Star Trek’s’ Pavel Chekov, dead at 27

LOS ANGELES, June 19, 2016 – Russian-born Hollywood actor Anton Yelchin—notable for his impressive re-creation of the role of ensign-navigator Pavel Chekov in the re-booted “Star Trek” film franchise—died Saturday, June 18, 2016 as a result of what appears to have been a tragic, freak auto accident. He was 27. In a prepared statement, Yelchin’s ...

UK Brexit-related assassination tanks Thursday gold trade

WASHINGTON, June 17, 2016 – It’s been one truly strange Wall Street week, as dueling narratives—federal government lies vs. political reality on the ground—are driving more traders to head for the exits this week. For the most part. Thursday’s trading action saw markets tanking big-time, until, bizarrely, the tragic assassination of Jo Cox, a pro-EU ...

Federal Reserve punts again on increasing interest rates

WASHINGTON, June 15, 2016 – The Federal Open Market Committee (FOMC) made its widely-expected non-proclamation Wednesday afternoon, announcing no interest rate increase for the month of June. On the other hand, this afternoon’s statement still strongly suggests that at least a pair of interest rate increases remain on the table for 2016. Maybe. Or maybe ...

Oil, Brexit, Orlando and Fed fears hit Tuesday trading hard

WASHINGTON, June 14, 2016 – Wall Street couldn’t wait ‘til the end of the week for its latest Freaky Friday. That’s happening today, as the market continues tormenting traders and investors alike with the kind of action that can only be compared to the Chinese water torture. (Is that phrase still politically correct?) Drip, drip, ...

Orlando, Brexit roil markets. Plus: Microsoft buys LinkedIn

WASHINGTON, June 13, 2016 –Stocks opened moderately down Monday with plenty of serious and still-breaking, market-moving news to absorb. As of 10:30 a.m. EDT, the Dow and S&P 500 were off a fraction, while the tech-heavy NASDAQ was off more sharply, down nearly 0.25 percent. The market was already rocked by Friday’s lousy close on ...

The GTC trailing stop: Key tool for managing portfolio risk

WASHINGTON, June 13, 2016 – We mentioned in our June 7 column that we’d soon explain the highly useful “GTC trailing stop” strategy that most seasoned traders and investors employ to save portfolios or individual stock holdings from sudden, sharp market declines. Although it was delayed, this special column may actually turn out to be ...

50 dead, 53 hurt in Orlando gay nightclub terrorist attack

ORLANDO, Florida, June 12 2016 – Local police, Florida and U.S. government officials are still piecing together the details behind a likely ISIS-inspired, lone-wolf terrorist attack on partygoers at Pulse, billed as the “hottest gay nightclub” in Orlando. As of 1:45 p.m. ET, the deadly assault, said to have occurred around 2 a.m. Sunday morning, ...

NSO’s Heavy Classix: Mahler songs, Bruckner symphony on tap

WASHINGTON, June 10, 2016 – Thursday evening’s Mahler-Bruckner concert by the National Symphony Orchestra was an oddly mixed bag. This series concert, with Christoph Eschenbach at the orchestra helm, featured only two works, the relatively short and not-too-well-known “Rückert-Lieder” of Gustav Mahler, which featured contralto Nathalie Stutzmann as soloist; and Anton Bruckner’s marvelous Symphony No. ...

Obama DOL finalizes new ‘Fiduciary Rule.’ Consumers to suffer

WASHINGTON, June 7, 2016 – As of the noon hour Tuesday, we’re in the midst of another one of 2016’s Nothingburger markets. Stocks thus far are generally up modestly, following yesterday’s positive trend, which, in turn, was largely based on Janet Yellen’s seemingly positive remarks about holding back on the Fed’s next interest rate increase. ...