Spoofing, sometimes called “layering,” is a form of market manipulation where you pretend you want to sell a lot of stock, and everyone’s all, “Oh in that case I want to sell a lot of stock too,” and the stock goes down, and you actually buy a bit of stock instead, and you wait like a second and then pretend […]
Brian RobinsWhat a difference a year makes. The downturn in mining stocks from 2013 saw hot money flow into the biotech sector. But after some spectacular research failures, sentiment soured, leaving the sector firmly in the shadows for much of 2014 so that even the surge in biotech stocks globally bypassed the local players.Alchemia, QRx Pharma and Prana were all […]
Jordan Kessler, the five-year-old son of trader Glenn Kessler, uses his father’s mobile phone and badge as he visits the floor of the floor of the New York Stock Exchange. Mohammed Islam, a 17-year-old high school senior, pretended to be a stock genius who made $72m but was unmasked. Photograph: Richard Drew/AP
Tall tales are nothing new in finance. The same […]
Mohammed Islam says he has made tens of millions of dollars in financial markets. Photograph: LinkedIn
A Stuyvesant high school senior who reportedly made more than $72m trading oil and gold futures has admitted he invented the tale as a hoax.Mohammed Islam, 17, told New York Magazine that he made enough to buy a BMW, rent a fancy apartment and turn […]
View gallery.A recent report by Morgan Stanley predicts a greater than 40 percent growth in the Hepatitis C (HCV) market in 2015. Projections indicate that the HCV market could be worth $15 billion in upcoming years, with two-thirds of treatment occurring in the United States.
HCV Forerunners Gilead And AbbVie
Morgan Stanley projects that Gilead Sciences, Inc.’s (NASDAQ: GILD) Harvoni and Sovaldi […]
Trading stocks on your iPhone without spending a fortune is finally here.And by that, we mean that Robinhood’s long-awaited app is finally available after about six months of beta testing, one-and-a-half years after the company was founded.Robinhood’s founders, Vlad Tenev and Baiju Bhatt, two young men with backgrounds in finance, set out to build a mobile-only solutions for stock trading. […]
SummaryThe last straw for investors concerned about slowing growth and margin compression may have been the recent doubling of the authorized share count in connection with a recently failed acquisition.
Authorized shares are not the same as actual shares; concerns are overplayed given the recent top line growth, stable gross margins and the highest EBITDA in company history.
The fact that management […]
‘Near Perfect’ Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal
By Michael Snyder, on December 4th, 2014Are we about to see U.S. stocks take a significant tumble? If you are looking for a “canary in the coal mine” for the U.S. stock market, just look at high yield bonds. In recent years, almost every single […]
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It was just a few weeks into the new school year when Connor Bruggemann decided to play sick. He holed up in his bedroom, shut the door, and opened his laptop. Over the summer his father had opened an Etrade account for him, using around $10,000 Bruggemann had saved up over two years working as a busboy and […]
In a market that is infused with headwinds coming from China, Russia and Europe, there is always one group that Jim Cramer can count on: Biotech.In fact, Cramer has been in a heated love affair with biotech for more than 30 years. While you don’t get a rally from them every day, he thinks they are more reliable than any […]
