Archive for April, 2010

Isn’t It Time You Were Nite Trading?

Friday, April 30th, 2010

Normal trading times at the New York Stock Exchange (NYSE) are 9:30 a.m. to 4:00 p.m.EST. At first, trading outside this time was limited to some stocks, some ETFs, etc. But since trading went global and developed global networks, exchanges began to offer extended hours to traders. Now small investors can trade “after hours,” outside 9:30 to 4:00pm, no matter where in the world the trader live . (more…)

Did Goldman manipulate journalists and stock price on same day as senate testimony?

Friday, April 30th, 2010

Full story here from The ExiledOnline.

A reader brought to my attention a new rumor going around about the strange behavior of Goldman Sachs’s stock price. On April 27, the day Blankfein was dragged before Congress to testify about fraud, Goldman’s stock rose–even though every other financial stock in the S&P 500 dropped, all 78 of them, on a day when the overall S&P average tanked 2.3 percent. 

According to Bloomberg that day

Goldman Sachs Group Inc. had the only gain among 79 financial companies in the Standard & Poor’s 500 Index as executives testified to a Senate subcommittee about mortgage securities.  (more…)

How Futures Trading Works For New Investors

Thursday, April 29th, 2010

Learning how to you can be trading futures with your own cash can result in your losing your cash due to inexperience. Futures trading simulation is designed to help you bridge the learning period. To simulate, you are given dummy cash. Use this money to try out your investment strategies when you trade live in the real market. The purpose of simulation is to help you gain investment experience and confidence in a risk free trading environment prior to using your money in the real futures market. (more…)

Confessions of a Wall St. nihilist

Thursday, April 29th, 2010

Full story here from ExiledOnline.

There was a strange moment last week during President Obama’s speech at Cooper Union. There he was, groveling before a cast of Wall Street villains including Goldman Sachs chief Lloyd Blankfein, begging them to “Look into your heart!” like John Turturro’s character in Miller’s Crossing…when out of the blue, the POTUS dropped this bombshell: “The only people who ought to fear the kind of oversight and transparency that we’re proposing are those whose conduct will fail this scrutiny.” (more…)

Learn To Make Big Money Through Futures Trading With Margin

Thursday, April 29th, 2010

Futures trading with margin money that you borrow from your broker is a very popular means of trading futures for the individual trader. This way you can trade with larger trade size than what you actually have This is known as leverage. (more…)

This is the last dance

Thursday, April 29th, 2010

Full story here from ZeroHedge.

Presenting the latest terrific analysis by Michael Krieger of KAM LP, who joins Willem Buiter and everyone else left with a gram of prudence, in realizing that this is nothing more than the “last dance.”

History is a set of lies agreed upon.
-  Napoleon Bonaparte  (more…)

Crisis of wealth destruction

Thursday, April 29th, 2010

Full story here from Henry CK Liu.

The financial crisis that broke out in the United States around the summer of 2007 and crested around the autumn of 2008 had destroyed US$34.4 trillion of wealth globally by March 2009, when the equity markets hit their lowest points.  (more…)

This sucker could go down

Wednesday, April 28th, 2010

Full story here from Silver Bear Cafe.

George W. Bush was onto something in the fall of 2008 when he remarked apropos of the Lehman collapse: “…this sucker could go down.”

It’s my serene conviction, by the way, that this sucker actually is going down, right now, even as I clatter away at the keys – perhaps in slow motion, so that not many other bystanders have noticed yet, and the few who have noticed are mostly too crosseyed with nausea to speak. (more…)

Dead files for 4/27 – 5/3/10

Wednesday, April 28th, 2010

4/28/10 – Missing Abu Dhabi sheik’s body found:

Discover The Impact Of Automated Futures Trading

Wednesday, April 28th, 2010

Automated Futures Trading programs have grown in popularity, serving as a good way to make a profit. This type of trading system emulates the stock market, watching currency price fluctuations that are taking place. There are a number of advantages that are associated with trading futures. (more…)