Forward Thinking

Meet Max Levin, Teenage Stock Pick King

By Anne Cohen

Max Levin makes more money sitting in his high school math class than most people do during a day at their office.

At 11, the Jewish boy from Voorhees, N.J., was making his first stock picks, guided by his grandfather, a day trader in New York City.

Two years later, he used his bar mitzvah money to move to the big leagues, buying and selling stocks daily in between classes on his phone.

It paid off. Big time.

When his grandfather died in 2012, Levin memorialized him by launching StockPick101.com, a website devoted to helping young people learn the ABCs of stocks, investing and trading. What started as Levin writing about topics he found interested has grown into a national network of college-age writers and readers, who weigh in and discuss financial strategy. Trending topics this week include “Hot Mutual Funds,” “Marijuana Stocks to Invest In,” and “Tips and Tricks for the Young Investor.

“What we’re trying to do is reach out to the younger generation of new investors,” Levin said in a phone interview with the Forward. “The younger you do it, the better it is [and] the more familiar you’ll be with the stock market and the economy.”

Now 16, Levin also writes weekly articles for MainStreet and TheStreet, online publications connected with Jim Cramer (host of CNBC’s “Mad Money”), under the name “StockPick Whiz Kid.”

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Permalink | | Share | Email | Print | Filed under: stockpick101, new jersey, max levin, jewish, gelt

Today's Climate Shocker: Plains Blizzard (Sandy 2?)

By J.J. Goldberg

Still think the climate isn’t changing? Here’s one for the record books: an unusually fierce spring storm system on Tuesday brings record breaking blizzards to South Dakota, Nebraska, ice storms as far south as Oklahoma. Winter storm warnings stretched from Utah to Minnesota on Tuesday, said the Washington Post weather blog. NBC News reported temperature in Denver dropping 55 degrees in 24 hours. And:

On Tuesday, temperature differences across the Plains were more than 90 degrees. Highs ranged from 12 degrees in Cheyenne, Wyo., to 108 degrees in Laredo, Texas.

The culprit, AccuWeather.com explains, is an unusual blast of freezing Arctic air moving south, colliding with a low-pressure system moving eastward off the Rockies and a warm, moist air mass moving north from Texas. And this, dear readers, is almost exactly what caused Hurricane Sandy last fall to become the East Coast catastrophe it became.

The critical piece is that freezing Arctic air mass showing up where it doesn’t belong. You won’t be surprised to hear me suggest that it’s another nasty consequence of global warming. Here’s how it works:

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Permalink | | Share | Email | Print | Filed under: Utah, Staten Island, Plains Blizzard, New Jersey, Minnesota, Laredo TX, Jet Stream, Hurricane Sandy, Gulf Stream, Greenland, Denver, Cheyanne WY, Arctic Ice

Reb Shmuley's Candidacy Challenges Jewish Voters

By Nathan Guttman

getty images
Rabbi Shmuley Boteach

New Jersey Congressman Steve Rothman’s defeat in the Democratic primary on June 5 has presented the state’s 9th district Jewish voters with a choice, between a non-Jewish Democrat and his rival, a Jewish Republican.

Democrats consider the district safe, meaning they do not feel it is in danger of falling into Republican hands and most Jewish residents of the newly-drawn 9th district, which includes Bergen, Passaic and parts of Hudson counties, are also seen as leaning heavily toward the Democratic side.

For them, Steve Rothman was an ideal candidate. One of the top players on the pro-Israel scene, a moderate in his views, and well known to his fellow Jewish constituents.

His rival, and now the Democratic candidate, Bill Pascrell has less of a track record with the Jewish community. He previously represented a district with a more significant Muslim population and had less contact with Jewish voters and activists.

Pascrell will be facing in November Rabbi Shmuli Boteach, the winner of the Republican primary. Boteach, who aims to be the first rabbi elected to Congress, is well known both within the Jewish community and outside. A rabbi to the stars who has broadened his reach to write about sex, family life, and Jesus Christ, Boteach is hoping to win over Jewish voters who might have voted for Rothman but are now wary about Pascrell.

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Permalink | | Share | Email | Print | Filed under: Steve Rothman, Shmuley Boteach, New Jersey, Bill Pascrell, Congress




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