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…)
Archive for April, 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…)
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…)
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…)
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…)
4/28/10 – Missing Abu Dhabi sheik’s body found: