Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $69,787
79%  
Woo hoo!! And we're now over 79%!! Less than $18.5k to go!! Thank you all very much!! Let's git 'er done!!

Keyword: wallstreet

Brevity: Headers | « Text »
  • Banks as Felons, or Criminality Lite

    05/23/2015 9:43:13 AM PDT · by NRx · 10 replies
    NT Times ^ | 05-23-2015 | NY Times (op-ed)
    As of this week, Citicorp, JPMorgan Chase, Barclays and Royal Bank of Scotland are felons, having pleaded guilty on Wednesday to criminal charges of conspiring to rig the value of the worldís currencies. According to the Justice Department, the lengthy and lucrative conspiracy enabled the banks to pad their profits without regard to fairness, the law or the public good. Besides the criminal label, however, nothing much has changed for the banks. And that means nothing much has changed for the public. There is no meaningful accountability in the plea deals and, by extension, no meaningful deterrence from future wrongdoing....
  • Wall Street and 5th Avenue Planned for Benghazi

    05/18/2015 6:29:24 PM PDT · by Randall_S · 1 replies
    Founders Code ^ | May 18, 2015 | Denise Simon
    Imagine a hotel room at the Plaza Hotel, shopping at Bloomingdales and dining at the Rainbow Room in Benghazi. Yes Benghazi, after all the most feared leader, Muammar Gaddafi is dead and all is calm after the attack on American interests in 2012. So, never let a good crisis go to waste. Libya had and has a deadly history where some elites had high aspirations for a new Libya. Trey Gowdy, the Chairman of the Benghazi Commission likely has some documented trails on Hillaryís future dreams for Libya, but you donít and should know even more of the story. Libya,...
  • Economists' Forecast: Here We Grow Again

    05/15/2015 5:59:55 AM PDT · by expat_panama · 6 replies
    NASDAQ ^ | May 14, 2015 | Kathleen Madigan
    After a rough start to the year, economists are counting on the U.S. to bounce back in 2015 much like it did in 2014. Forecasters in the latest Wall Street Journal survey estimated the U.S. economy contracted at a 0.3% pace in the first quarter because of hits from winter weather and the West Coast port slowdown. But the panel, on average, sees annualized economic growth of 2.8% in the second quarter, supported by stronger job gains and wage growth. They also see the drag from weak trade and a strong dollar dissipating by the second half, delivering average economic...
  • Greenspan: Get ready for another taper tantrum

    05/14/2015 4:51:52 AM PDT · by expat_panama · 17 replies
    CNBC ^ | May 14, 2015 | CNBC
    Another market disruption from higher interest rates is virtually certain, according to former Federal Reserve Chairman Alan Greenspan. "Just remember we had the 'taper tantrum.' And we're going to get another one," Greenspan said Wednesday at the Global Private Equity Conference in Washington, DC. "This is a very tough period to get through," he added about the Fed increasing interest rates. "Normalization is great, but the process of getting there is going to be very rocky." Greenspan said there was no way to get around bond market volatility but said it was necessary to help the Fed and other central...
  • Why Ted Cruz is wowing some of Wall Street's money-men

    05/13/2015 10:43:12 PM PDT · by 2ndDivisionVet · 31 replies
    Reuters ^ | May 14, 2015 | Emily Flitter
    Presidential candidate Ted Cruz, a Tea Party favorite and leading figure in the 2013 government shutdown that rattled investors, isnít the kind of politician who usually wins a lot of friends among Wall Street campaign donors. The freshman Republican senator from Texas has none of the moderate tendencies that financiers often prefer in presidential candidates. Cruz relishes his image as an anti-establishment figure and boasts of his aversion to compromise. He has vowed to abolish the Internal Revenue Service and repeal President Barack Obamaís signature healthcare plan, commonly known as Obamacare. Despite the uncompromising rhetoric, Cruz is winning praise from...
  • Obama says hedge fund managers are Ďsociety's lottery winners'

    05/13/2015 5:02:28 AM PDT · by expat_panama · 40 replies
    Yahoo Finance ^ | Wed, May 13, 2015 | Angela Greiling Keane
    The U.S. wonít put a dent into poverty and income inequity unless Democrats and Republicans can agree to raise taxes on top earners like hedge-fund and private equity managers, President Barack Obama said Tuesday. Obama, whose longstanding proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nationís wealthiest pitch in as more and more Americans are falling behind. ďIf I were able to close that loophole, Iíd be able to invest in early childhood education,Ē Obama said at a poverty summit at Georgetown University in Washington. ďIf...
  • Five reasons to ignore stock market doomsayers

    05/12/2015 5:44:08 AM PDT · by expat_panama · 62 replies
    financial post ^ | May 8, 2015 | Peter Hodson
    The doomsayers always come out whenever stock markets get more volatile, like they have this month. These gloomy prophets go on and on about how derivatives are going to cause another financial crisis, or how valuations are stretched, or how equities will collapse whenever interest rates rise. Individual investors read the commentary by these experts and wonder if they should adjust their portfolios, or even sell everything and wait out the impending collapse. But before you do that, take a moment to calm down and have another think. In every single one of our 30 years in the business, someone,...
  • Countdown to the stock-market Crash of 2016 is ticking louder

    05/11/2015 3:38:46 AM PDT · by expat_panama · 39 replies
    marketwatch ^ | May 10, 2015 | Paul B. Farrell
    Historic slowdown looms as GOP fiscal policy lets economy choke Warning bells just keep getting louder and louder as the countdown to the Crash of 2016 keeps ticking. Wall Streetís in denial, but the Washington Post warns: ďU.S. economic growth slows to 0.2 percent, grinding nearly to a halt.Ē USA Today hears ďBubble TalkĒ at the Vegas ďDavos for Geeks.Ē Earlier the Wall Street Journal warned, ďdeclining population could reduce global economic growth by 40%.Ē Then recently the ďslow-growth FedĒ was blamed. Wrong, former Fed chief Ben Bernanke counterattacked: ďIím waiting for the Journal to argue for a well-structured program...
  • U.S. job growth seen regaining steam, keeping Fed rate hike on track

    05/08/2015 5:14:53 AM PDT · by expat_panama · 17 replies
    Reuters ^ | Fri May 8, 2015 | Lucia Mutikani
    U.S. job growth likely rebounded last month and the unemployment rate probably dropped to a near seven-year low, signs of a pick up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. Nonfarm payrolls likely jumped by 224,000 after increasing by 126,000 in March, according to a Reuters survey of economists. The jobless rate is seen dropping one-tenth of a percentage point to 5.4 percent, which would be the lowest since May 2008. The Labor Department will release its closely followed employment report at 8:30 a.m. (1230 GMT) on Friday. "Our view...
  • Yellen Says Stocks Pricey; Is A Bear Market Lurking?

    Fed chief Janet Yellen rattled the stock market Wednesday when she said "equity market valuations at this point generally are quite high," saying that raises "potential dangers." She added that she doesn't see "the hallmarks of a bubble," but stocks retreated from opening gains and traded lower, though the major averages closed off intraday lows. Are stocks overvalued? After a six-year bull market, a correction should be expected, although the odds favor a more garden variety downturn of 20% or so over a period of several months, not the painful free-falls of 2000-02 or 2008. Wednesday's selling prompted IBD to...
  • Market Uptrend Stalls; Timing a Choppy Market --Investment Thread for May 3, 2015

    05/03/2015 11:26:09 AM PDT · by expat_panama · 19 replies
    Weekly investment & finance thread ^ | May 3, 2015 | Freeper Investors
    This past year's choppy indecisive unstable investment market continues as last Friday's IBD down grades our week-old uptrend back to "market under pressure".† Last week's rosy close turned sour for both the S&P500 and the NASDAQ as the major indexes immediately began a week of declines only to turn back up after the outlook was downgraded.† Precious metals weren't immune to the chaos either as they too stammered and fell back toward bases reached last Oct.That's been pretty much the story of the past half-year with market uncertainty taking over.† The irony is that it's actually been a pretty...
  • The SEC Makes Believe It Regulates Wall Street

    04/30/2015 9:23:24 AM PDT · by alexmark1917 · 7 replies
    The SEC still hasnít stopped manipulative high speed traders from ripping off investors, even though the abuses have been self-evident for years to anyone paying attention. A series of events have brought the subject of high frequency trading abuses once again to the forefront of the financial news reportage. These events include: The recent arrest of Navinder Sarao, a British trader, who has been accused of being complicit in the infamous ďflash crashĒ that occurred five years ago. Within minutes, the May 10, 2010 incident sent the Dow tumbling almost 1000 points before it recovered, sending shockwaves throughout our financial...
  • Market Uptrend, Sound Trading, and How to Buy Stocks; --Thread April 26, 2015

    04/26/2015 11:45:54 AM PDT · by expat_panama · 50 replies
    Investors Busniness Daily ^ | April 26, 2015 | Freeper Investors
    Supposedly the top finance news stories this week have been the Greek Bailout, the Trade Fast Track Vote, but with NASDAQ's all time high we're getting even more buzz on our new stock rally. This past week's seen the S&P500 leap almost 2% and gold fall more than 2%.† A couple percent may not seem like much but having it happen in just five trading days means we got annualized returns of a 2/3 loss on gold and 50% gain on stocks.Weird how it is though that with stocks it means that we're now officially in a "confirmed uptrend",...
  • The big banks on Wall Street have fired 80,000 people in the past 5 years

    04/21/2015 9:53:42 AM PDT · by SeekAndFind · 8 replies
    Business Insider ^ | 04/21/2015 | Portia Crowe
    Wall Street's six biggest banks have cut nearly 80,000 jobs over the past 5 years, according to Bloomberg. The majority of the cuts have come from Bank of America. That's over both the past 5 years and the past 12 months, as well as in the first quarter of 2015. Wells Fargo, Goldman Sachs, and Morgan Stanley added jobs in the first quarter of 2015, but 4,000 jobs were still cut across Wall Street last quarter. Bloomberg looked at data from JPMorgan, Goldman Sachs, Morgan Stanley, Wells Fargo, Citigroup, and Bank of America. Over the past 5 years, JPMorgan has...
  • Jon Corzine Considers Launching Hedge Fund

    04/19/2015 6:08:44 PM PDT · by Reverend Wright · 33 replies
    Wall Street Journal ^ | April 19, 2015 7:05 p.m. ET | By JULIE STEINBERG and ROB COPELAND
    Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter. The fund would start with cash from Mr. Corzineís personal wealth and a handful of outside investors. Mr. Corzine said he had been speaking with about a half-dozen potential investors, and projected around $150 million in assets under management, one of the people said. The plans are tentative and could evolve or fall apart in coming months. But a launch would mark...
  • Exchange Traded Funds, Pros & Cons --Investor Thread April 19, 2015

    04/19/2015 7:39:38 AM PDT · by expat_panama · 49 replies
    Weekly investment & finance thread ^ | 04/19/2015 | Freeper Investors
    [from IBD: Should ETFs Be In Your Investment Portfolio?]While ETFs have existed for several decades, their popularity and diversity have exploded in recent years. But many investors are just learning about them. Those looking for tips on how to invest in ETFs just need some basic information to get started. In basic terms, ETFs can be thought of as mutual funds that trade like stocks. But their portfolios can contain U.S. and foreign stocks, bonds, futures, physical commodities or currencies. And ETFs choose the securities for their portfolios with an investment objective in mind. These investment goals include growth...
  • Cities And States Paying Massive Secret Fees to Wall Street: Report

    04/17/2015 1:38:19 PM PDT · by redreno · 6 replies
    http://www.ibtimes.com ^ | 04/17/2015 | By David Sirota
    California’s report said $440 million. New Jersey’s said $600 million. In Pennsylvania, the tally is $700 million. Those figures are public worker pension fees being paid annually by taxpayers to Wall Street firms, and they have kicked off an intensifying debate over whether such expenses are necessary. Now, a report from an industry-friendly source says those huge levies represent only a fraction of the true amounts being raked in by Wall Street firms from state and local governments. In all, CEM Benchmarking concludes that America’s public pension funds are paying billions of dollars in undisclosed fees to private equity firms....
  • The American Investor's Stock Holding's at All-time High --Investor Thread May 12, 2015

    04/12/2015 10:27:18 AM PDT · by expat_panama · 44 replies
    Weekly Investor's Thread ^ | April 12, 2015 | freeper investors
    † The total privately owned stocks and mutual fund shares adds up to a soaring record total $21,169,400,000 --according to the latest Federal Reserves Flow of Funds Report.† Yeah I see all the hands waving --and the big question that follows has to do with population and inflation.† We went through this back on an earlier thread when the press was tootin' about how America's private wealth was supposedly at an all time high but only as a total of inflated dollars.† The average American's total holdings in real dollars is still less than it was eight years ago.†...
  • From 1st Quarter (zero GDP or what?) to Q2 (sell in May or buy?)--Investor Thread May 5, 2015

    04/04/2015 1:03:19 PM PDT · by expat_panama · 56 replies
    Weekly investment & finance thread ^ | April 5, 2015 | Freeper Investors
    † YTD† --January, February, and March 2015: † Looking ahead† --April, May, and June 2015: †††Hope everyone enjoyed their first quarter!† Not bad --not only have both gold and the S&P500 come out positive but the NASDAQ punched above 3% (annualized to more than 14%) but silver's come out 6% ahead -a 26% rate/year.† Market prices are great the way we can follow up-to-the-second reports, but for stats on the general economy we'll have to wait until the folks who're paid for being smarter than us are ready to make up their minds.† What we got so far is that...
  • Ex OMB chief Stockman: "It is the biggest speculative disaster in human history."

    03/31/2015 7:59:48 PM PDT · by concernedcitizen76 · 52 replies
    Zero Hedge ^ | March 01, 2015 | Tyler Durden
    David Alan Stockman interviewed on CBS-TV 60 Minutes (October 2010) Highlights of recent interview by Harry Dent. David Stockman: People don't want to hear the reality and the truth that we're facing. But I think there is an enormous appetite out in the country to get a different perspective than what you have from the media day in and day out, so I say the fed is out of control. Its balance sheet is exploded. It's printing money like never before. Zero interest rates for 70 months have basically destroyed the pricing function in the financial markets. I said...
  • Something weird is going on --Investor Thread March 29, 2015

    03/28/2015 3:17:44 PM PDT · by expat_panama · 81 replies
    Weekly investment & finance thread ^ | Mar. 29, 2015 | Freeper Investors
    (excerpt from)† ††Something weird is going on in the US economy, and it's not good...Despite experiencing a healthy pace of job growth, the US economy has largely disappointed economists' expectations by delivering a series of weaker-than-expected economic reports. The unexpected plunges in retail sales and durable goods orders stand out as they reflect weakness in both consumers and businesses. On Wednesday, Bloomberg LP Chief Economist Michael McDonough tweeted a chart of the unprecedented divergence between job growth and retail sales growth. This is concerning as personal consumption accounts for roughly 70% of US GDP. It's particularly concerning considering all...
  • The Democratic Party has (almost) lost Wall Street [Thanks, Elizabeth Warren]

    03/27/2015 11:24:11 AM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 03/27/2015 | Noah Rothman
    One of the worst kept secrets of President Barack Obama’ first term in office is how closely aligned that administration and the members of the Democratic Party were with the interests of the financial sector, despite party members’ repeated insistence that they wanted nothing more than to curb Wall Street’s excesses. The well-heeled bankers at Goldman Sachs had little to fear from Democrats who professed their appreciation for the promise of the Occupy Wall Street movement while the institution’s members were filling Democratic pockets with campaign contributions. The financial community could rest easy knowing that Democrats were aware of...
  • Broader Market Rallies Right Up a "Wall of Worry"--Weekly Investor Thread March 22, 2015

    03/22/2015 7:24:29 AM PDT · by expat_panama · 44 replies
    Weekly investment & finance thread ^ | Mar 22, 2015 | Freeper Investors
    Prices in both precious metals and stocks are booming again:† metals are soaring as if they're looking for higher bases and stock indexes are within a couple percentage points of all time highs.† The good news is that this time the experts show no sign of confusion as to what's going on and they've all decided what we need to do.† It's all because of the Fed, international tensions, and the NCAA. The bad news is that each expert's saying something different.† †Here are a few samples: † (excerpt from) †Stocks are likely to struggle during March Madness ...Because March...
  • Is Apple Cheating On The Dividends?

    03/20/2015 3:45:20 PM PDT · by Swordmaker · 2 replies
    Seeking Alpha ^ | Mar. 19, 2015 9:11 AM ET
    Summary Apple has been paying a dividend since Q3 2012. The current dividend has fallen a percentage of earnings. Calculations are made to estimate what the new dividend will be. . . . Summary While Apple's dividend has remained constant over the last four quarters, it value as a percent of earnings has fallen significantly. If Apple wants to keep the earlier ratios, then it will need to raise the dividends. My estimate is that Apple is likely to raise the per share dividend to between 62 and 65 cents per share from the current 47 cents. On the other...
  • Investments go from Friday 13th to Ides of March-- Thread March 15, 2015

    03/15/2015 7:00:49 AM PDT · by expat_panama · 72 replies
    Weekly investment & finance thread ^ | MARCH 15, 2015 | Freeper Investors
    Seems like there's an awful lot of doom'n'gloom out there: (excerpt from) † More Volatility Sends Market Down for a 3rd WeekThe stock market was hit hard on Friday, capping a third week of declines as investors reacted to a steep drop in oil prices and a jump in the value of the dollar. Utilities, major exporters and companies that make basic materials like steel had the biggest declines. The sell-off came at the end of a volatile week, and it sets the stage for a Federal Reserve policy meeting next week. Investors will be watching closely for clues about...
  • Oil Prices Deliver a Crash Course in "Supply and Demand"

    03/13/2015 8:57:56 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | March 13, 2015 | Thomas Miller
    American consumers are still enjoying relatively cheap gasoline as the summer driving season gets closer. AAA reports the national average at $2.44 this week, still below the 50-year inflation-adjusted average of $2.50 per gallon. If you’d like cheaper gas, don’t blame the oil and gas industry. It’s been the United Steelworkers and their strike against Royal Dutch Shell and 11 refineries that ticked gas back up more than anything, although it appears that a settlement has been accepted. Refiners are in their bi-annual season of throttling back production to perform maintenance and retool for the summer blends. So it begs...
  • Obama taps major fundraiser for Sweden ambassador

    10/23/2014 4:43:09 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Oct 23, 2014 7:24 PM EDT
    President Barack Obama is nominating a major fundraiser for his presidential campaign to be the next U.S. ambassador to Sweden. The White House says Azita Raji is Obamaís pick for the job. Sheís a former investment banker who served as national vice-chair of finance for Obamaís 2012 campaign. She helped raise more than $500,000 for Obamaís campaign as a ďbundlerĒ in 2012. Ö
  • Metals and Stocks Sell-off on Good News --Investor Thread March 8, 2015

    03/08/2015 10:12:24 AM PDT · by expat_panama · 77 replies
    Weekly investment & finance thread ^ | Mar 8, 2015 | Freeper Investors
    excerpt from: Stock Indexes Take Hard Hits; Market Uptrend Under PressureStocks ratcheted lower Friday in fast trade, with the indexes suffering their biggest percentage losses since late January. The Nasdaq and the S&P 500 skidded 1.1% and 1.4%, respectively. [snip] What they're saying is stocks plunged in higher volume and the S&P 500 smacked down into the danger warning ten-week moving average.¬† It's supposed to be a bad sign, a sell signal, a harbinger bad moon rising.¬† Only thing is that the last two times this kind of signal popped up--¬†‚Üź ¬†they ended up turning into fabulous buying opportunities.¬†However...
  • Apple Inc to join Dow industrials index this month, replacing AT&T Inc

    03/06/2015 6:59:17 AM PST · by SeekAndFind · 108 replies
    Apple Inc. will join the Dow Jones Industrial Average on March 18, replacing AT&T Inc., in the first reshuffling since September 2013. Apple holds a market capitalization of about US$736 billion, making it the largest publicly traded company in the world. AT&T, by contrast, has a market value of US$176.5 billion. Shares of Apple were higher in early trading, gaining 1.3% to US$128.02, while AT&Tís shares fell 1.3% to US$33.55. The changes will push the number of technology-related companies in the 30-member gauge to six and boost their influence even more as the tech giant joins Microsoft Corp., Intel Corp.,...
  • White House looking to creep into 401(k)s

    03/01/2015 7:22:49 AM PST · by Enlightened1 · 39 replies
    NY Post ^ | 2/28/15 | Jonathon M. Trugman February 28, 2015 | 11:21pm
    Under the false pretense of calling for new and tougher so-called fiduciary standards for financial brokers, advisers and retirement plan representatives, the White House once again horned in on Wall Streetís compensation formulas. However, what the president surely knows is that a vast majority of retirement plans ó IRAs and 401(k)s ó are in simple fee-based products like mutual funds. The commission-based accounts are for those who prefer to direct their brokers in certain purchases inside some of their retirement products. The key to the White Houseís interference is in its nuanced language. Currently, a broker may make a recommendation...
  • Stock Run-up 3 Weeks Old, Experts Confused-- Investor Thread March 1, 2015

    03/01/2015 5:34:21 AM PST · by expat_panama · 85 replies
    Weekly investment & finance thread ^ | Mar. 1, 2015 | Freeper Investors
    [excerpt from Stock-market crash of 2016: The countdown begins]Dow will drop 50% as market replays 2008, 2000 and 1929.† That will translate into the DJIA crashing from todayís 18,117 down 50% to about 9,000. Ouch, the Dow crashing all the way below 10,000. Unimaginable. Bulls will hate it. No wonder our brains tune out, turn off. Instead, we prefer the happy talk that will just keep coming out of Wall Street and Washington till the 2016 collapse. Weíll just keep denying reality ... till itís too late, and we suffer another $10 trillion loss is on the books. Deja...
  • How an Undocumented Immigrant From Mexico Became a Star at Goldman Sachs

    02/25/2015 11:34:54 PM PST · by 2ndDivisionVet · 5 replies
    Bloomberg Business | February 25, 2015 | Max Abelson
    Link only due to copyright issues: http://www.bloomberg.com/news/articles/2015-02-25/how-an-undocumented-immigrant-from-mexico-became-a-star-at-goldman-sachs
  • Stock Rally Adds Another Percent while Metals Fade: Week Ahead Worries-- Investor Thread Feb. 22

    02/22/2015 8:34:45 AM PST · by expat_panama · 92 replies
    Weekly investment & finance thread ^ | February 22, 2015 | Freeper Investors
    [excerpt from Yahoo Finance: What to watch next week: TGT, HD, M, HPQ, GDP and Greece] Next week will be a busy week on Wall Street with a raft of big earnings reports including Target (TGT), Macyís (M), Home Depot (HD) and Hewlett-Packard (HPQ) to name just a few. Investors will also have a lot of economic data and geopolitics to digest this coming week and in the weeks that follow. The Commerce Department will release the latest reading on third quarter Gross Domestic Product. Yahoo Financeís Rick Newman thinks investors will be watching that report closely, as well...
  • All the lies of Wall Street

    02/21/2015 5:24:49 AM PST · by MeneMeneTekelUpharsin · 14 replies
    Thought and History | 21 February 2015 | Mene Mene Tekel Upharsin
    Interesting how the really bad weather NOW makes the stock market go up instead of down? Seems that some years ago, I noticed the indexes would fall after a bad storm and the media would immediately report that the economy was affected by the weather. Also, some military action in some other part of the world affected stocks here. I mean, it almost to the point of where if Obama farts, the market goes up (or down). Our sources of information have all been co-opted by the Devil. The general public has no clue to what degree the media has...
  • Fed fight heats up

    02/20/2015 5:34:48 AM PST · by Cincinatus' Wife · 12 replies
    The Hill ^ | February 20, 2015 | Kevin Cirilli
    The Federal Reserve is pushing back against mounting criticism of the central bank, even as those pushing for reforms ratchet up their attacks. Fed officials have in recent weeks met in private with staffers from both parties, focusing primarily on the Senate, according to sources familiar with the meetings. Meanwhile, Chairwoman Janet Yellen and other Fed officials have publicly sounded off against a proposal championed by Sen. Rand Paul (R-K.Y.) that would give Congress more sway over the bank. The uptick in outreach from the independent agency signals an effort to quell calls for significant changes at the Fed and...
  • The Unending High-Frequency Rip-Off

    02/17/2015 7:31:08 AM PST · by alexmark1917 · 19 replies
    This is an update to article written a few years ago. Everybody knows that retail and institutional investors are usually late to a trade. When they decide to buy, the wise guys are distributing or selling their shares to them and locking in their gains. When they sell, the wise guys are accumulating or buying their shares from them, again locking in their gains. How do the wise guys pull it off? The answer lies in the combination of reflexive human behavior and the use of high frequency, algorithmic (HFA) trading. With the advance of computer trading on a massive...
  • At record high, U.S. stocks look to extend breakout --Weekly Thread Feb. 16

    02/15/2015 9:51:16 AM PST · by expat_panama · 65 replies
    Weekly investment & finance thread ^ | February 15, 2015 | Freeper Investors
    [excerpt from Yahoo Finance] ††NEW YORK (Reuters) - U.S. stocks are poised for more upward momentum even as uncertainty over oil prices and Greek debt negotiations keeps the market on tenterhooks, analysts say.Strong fourth-quarter U.S. company earnings and signs of an overall improving economy, alongside what appears to be the start of a bottoming in crude oil prices, have given equities support.After starting 2015 with its sharpest monthly drop in a year and a spike in volatility, the benchmark S&P 500 (.SPX) hit an intraday record on Friday while the Dow Jones Industrial Average (.DJI) reached its highest point...
  • The Week's Investment Markets --Weekly Thread Feb. 8 - 14

    02/08/2015 10:42:35 AM PST · by expat_panama · 48 replies
    Weekly investment & finance thread ^ | February 8, 2015 | Freeper Investors
    [excerpt from NASDAQ Weekly Market Wrap: February 6, 2015 ] The fifth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all lower in afternoon trading on Friday. Most actively traded stocks include Bank of America (BAC) up 3.5%, Twitter (TWTR) higher by 15.9%, Frontier Communications (FTR) up 3%, and Sirius XM Holdings up 1.1%. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite are all significantly higher in the last five days of trading. Crude oil futures are higher this week, trading at $51.83 per barrel on...
  • A Darkening Market Sky [Maybe; Investment & Finance Thread Feb. 1]

    02/01/2015 10:49:28 AM PST · by expat_panama · 54 replies
    Weekly investment & finance thread ^ | January 30, 2015 | Freeper Investors
    On the left is the excerpt --from the expert linked in†Real Clear Markets:††A Darkening Market Sky†- Anthony Mirhaydari, The Fiscal Times†††† By†Anthony Mirhaydari, The Fiscal Times January 30, 2015 With the first month of the new year coming to a close, it's clear that 2015 is shaping up to be quite different from the smooth, easy climb investors enjoyed in 2013 and 2014.As recently as late December, the market optimism seemed indefatigable as stocks powered to new record highs on hopes for new stimulus from the European Central Bank, solid U.S. economic data and a strengthening tailwind to consumer spending...
  • Russian spy cell in New York ... Men tried to crash high-frequency radio messages used for trading

    01/28/2015 7:06:08 AM PST · by Whenifhow · 17 replies
    DAILY MAIL ^ | Jan 27 2015 | Daniel Bates
    Russian spies operating a cell in New York were trying to find ways to cause an economic meltdown, according to court documents. The three men allegedly wanted to Ďdestabiliseí high frequency trading systems, which were blamed for the Wall St ĎFlash Crashí of 2010. snip The FBI began investigating the men in 2010 after ten Russian spies living in the US were arrested, including red-haired femme fatale Anna Chapman. Last night the exposure of the latest spy ring threatened to turn into a diplomatic row as Russia said there was no evidence against the trio. Prosecutors in New York named...
  • What Experts Say about This Past Week--Investment & Finance Thread Jan. 25

    01/25/2015 10:11:11 AM PST · by expat_panama · 107 replies
    Weekly investment & finance thread ^ | Jan. 25, 2015 | Freeper Investors
    Considering the top headlines were about soft footballs this has to have been an easy no-brainer week for investments.† Maybe; here's what he experts are telling us:†††††††††††††††††††† [excerpt from Investors Business Daily At Davos, Hypocrites Tell Rest Of Us To Lower Expectations]Former Vice President Al Gore listens to singer Pharrell Williams... [snip]...talking, of course, about the annual confab at Davos, Switzerland, ...[snip] "The purpose," said former vice president and climate-change entrepreneur Al Gore, standing with hip-hop star Pharrell Williams, "is to have a billion voices with one message, to demand climate action now." OK, so how about you flying commercial,...
  • The United States Is Imploding, On The Eve Of Destruction.

    01/24/2015 6:04:06 AM PST · by alexmark1917 · 45 replies
    The United States is gradually, but unrelentingly, destroying part of itself. The facts to support this are well-documented, told in many ways from past to present. The most egregious example of Americide is our country's treatment of African-Americans. Almost everyone agrees about the evils of slavery, once dismissed simply as a Peculiar Institution. But a debate goes on about reparations, with passionate arguments on both sides, ranging from a demand for a Reparations Superfund for jobs and education, to a claim that blacks actually benefited from slavery because of the years of 'reparations' received through poverty programs. Reparations opponents insist...
  • 50,000 Wall Street jobs cut [Thereís blood on the Street]

    01/19/2015 6:15:07 AM PST · by SeekAndFind · 31 replies
    New York Post ^ | 01/19/2015 | By John Aidan Byrne
    Thereís blood on the Street. In a wild swing of the ax that has shocked many pundits, Wall Streetís biggest banks have slashed nearly 50,000 jobs, and bonuses and expense money are being cut as profit opportunities dry up. And thereís no easy way out, analysts say, because the Fedís quantitative easing that once rescued the financial system with trillions of cheap dollars is ó at least for now ó history. But while some analysts were unnerved by the carnage announced by banks last week during their earnings calls, the warning signs were there before ó from lower trading and...
  • Learning to Love Market Chaos --Investment & Finance Thread Jan. 18

    01/18/2015 10:51:35 AM PST · by expat_panama · 70 replies
    Weekly investment & finance thread ^ | Jan. 18, 2015 | Freeper Investors
                          The main reason we try to predict markets is so afterward we can gloat saying we knew it all along.  Easy-peasy -- all we do is predict doom'n'gloom and eventually asset prices will sag.  Sure, most of the time prices go up, things grow and wealth is created, but the only time folks cry WHY!!?? is during the rough times. Then again, the other reason we figure out expected market trends is so we can make money.  That's not that hard either because over time most investments do better than say, cramming...
  • Average US Household Wealth Plunges to Only $656,039!! Details: Jan. 11 Investment & Finance Thread

    01/11/2015 10:06:38 AM PST · by expat_panama · 125 replies
    Weekly investment & finance thread ^ | Jan. 11, 2015 | Freeper Investors
              Average U.S.      Household Wealth             Real Estate $186,702     Durables $44,374     Deposits $81,497     Stocks/Business $422,126     Bonds $27,139     Misc. $7,598       ____________     Total Assets $769,435             Debts -$113,397       _____________     Net Worth $656,039           Something that snuck by me (and most people) last month was the Fed's quarterly Flow of Funds Report --their bigass number-dump that says where all America's money has...
  • U.S. stocks sell off; S&P 500 below 2,000

    01/06/2015 10:53:32 AM PST · by John W · 5 replies
    marketwatch.com ^ | January 6, 2015 | Carla Mozee
    NEW YORK (MarketWatch) ó Selling pressure on Wall Street intensified on Tuesday, sending the S&P 500 below the 2,000 level, as slumping oil prices and weaker-than-expected economic reports sent investors running for cover. Tuesdayís selling action comes on the heels of a brutal sell-off on Monday, which saw the closely watched Dow Jones Industrial Average shed 331 points. Investors were scouring for safe industries such as utilities as well as U.S. Treasurys, pushing yields to the lowest levels since the Oct.15 mini-flash crash.
  • Obama Admin Requires Companies to Disclose ďPaycheck InequalityĒ

    01/06/2015 11:54:49 AM PST · by Kaslin · 58 replies
    Townhall.com ^ | January 6, 2015 | Michael Schaus
    Waging class warfare can get pretty tiresome for some Democrats‚Ķ Which kinda explains why they have decided to make companies wage it on themselves. As part of the regulation requirements in Dodd-Frank, publicly traded companies will soon have to spend millions of dollars, and hundreds of thousands of man-hours, to officially report how rich their CEO is compared to rank and file employees.¬†According to the Washington Free Beacon:The provision is backed by labor unions like the AFL-CIO, which seeks to ¬ďshame companies into lowering CEO pay.¬Ē The price tag of the regulation is expected to be ¬ďsubstantial,¬Ē costing more than...
  • Elizabeth Warrenís surprising compliment: Why comparisons to Ted Cruz are good

    01/05/2015 3:36:13 PM PST · by 2ndDivisionVet · 16 replies
    Salon ^ | January 5, 2015 | Heather Digby Parton
    It's reasonable to recoil when DC gasbags compare Elizabeth Warren to Ted Cruz. But here's its less-obvious upside. In one of the more memorable Senate speeches in recent memory, Senator Elizabeth Warren threw down the gauntlet to Wall Street in words that you donít often hear in that august body: she named names. Responding Citigroupís complaints about financial reform, ďlet me say this to anyone who is listening at Citi[group]. I agree with you Dodd-Frank isnít perfect. It should have broken you into pieces!Ē Thatís unusual. The millionaires club also known as the Senate is an unlikely place to hear...
  • "January Effect" an omen for 2015? --Investment & Finance Thread - Jan. 4

    01/04/2015 9:26:15 AM PST · by expat_panama · 117 replies
    Weekly investment & finance thread ^ | Jan. 4, 2015 | Freeper Investors
    A good January for stocks promises big gains for the year --or so goes the story goes (from Down January for stocks is bad omen for 2014 - USA Today) "How stocks fare in January often sets the tone for the full year".†† A lot of work's been done on this, and TradingSim reports that†† When the S&P500 has a net positive gain in the first five trading days of the year, there is about an 86% chance that the stock market will rise for the year, it has worked in 31 out of the last 36 years (as of...
  • Here's What 13 Top Wall Street Pros Are Predicting For Stocks In 2015

    01/03/2015 10:21:26 AM PST · by SeekAndFind · 8 replies
    Business Insider ^ | 01/03/2015 | Myles Udland
    In 2014, Wall Street's stock market forecasts proved too conservative. The S&P 500 closed the year at 2,058, above the year-end forecast of all but one strategist ó FundStrat's Tom Lee. For 2015, Wall Street sees stocks gaining some ground, but few strategists are calling for the fourth straight year of double-digit gains from stocks. The average year-end target on the S&P 500 is 2,225 on earnings of $125.35, with the median forecast for the S&P 500 to rise to 2,213 on earnings of $126. Tom Lee is a big bull again, as is Oppenheimer's John Stoltzfus and RBC's Jonathan...