A Salem man who made more than $1.7 million through a series of “pump-and-dump” stock-trading scams was sentenced Friday to five years in prison.Alexander Hawatmeh, 25, admitted that he manipulated the share prices of four penny stocks, then sold off his holdings for enormous returns. Federal prosecutors said that in one March 2014 case, Hawatmeh made $1.27 million through the […]
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Top 5 stocks of the week and how to trade them – CNBC.com
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Get ready for tighter China margin-trading rules
Author: Asia Unhedged June 5, 2015Asia UnhedgedChina, crowd funding, margin trading rules, stocksChina’s securities regulator said it is amending margin-trading and short-selling rules. It’s just not telling us when.Zhang Xiaojun, a spokesman for the China Securities Regulatory Commission, made the comments at a weekly news conference. He did not elaborate, reported Reuters. Zhang also […]
* New platforms responding to regulatory changes* ERIC offers analysts to the highest bidder* Research budgets, spending set to shrink* Critics say small funds at a disadvantage* Advocates say too much research “mediocre”LONDON, June 5 (Reuters) – Scotland-based investment strategist Russell Napier gave up his high-powered finance job as a star analyst bankrolled by a big-name broker in order to […]
As we predicted last August, Evolent Health stock will begin trading on the New York Stock Exchange Friday.The shares will debut at $17 under the ticker symbol “EVH”. Evolent will likely have a market cap of more than $800 million.J.P. Morgan Securities LLC and Goldman, Sachs & Co. are acting as joint bookrunners for the offering. Wells Fargo Securities, LLC, William Blair & Company, […]
Foreign investors already can invest in China. The Shanghai-Hong Kong Stock Connect was launched last November, and it allows such investors to trade Shanghai A shares through the Hong Kong Stock Exchange. Mainland investors also gained access to Hong Kong shares, known as H shares.”China’s opening up could be the surprise story of 2015,” said Michelle Gibley, director of international […]
I’ve been an investor my entire adult life, but I’ve always leaned toward mutual funds, and more recently, low-cost index funds. Trading individual stocks felt like gambling to me, though I often lament not buying AAPL when it was at $17 many years ago. (Editor’s Note: Of course, as journalists covering Apple, it would be inappropriate for us to own […]
Traders on the floors of Wall Street can’t stop talking about the turmoil in the global bond market this week.The 10-year Treasury yield touched 2.42 percent Thursday, its highest level of the year and up from 2.09 percent a week ago. The yield on the German 10-year bund also hit its 2015 high.These are not the kind of moves that […]
Stock Trading Alert: More Uncertainty Following Last Month’s Move Up – Which Direction Is Next?By: Paul Rejczak | Thu, Jun 4, 2015SharePrintEmailStock Trading Alert originally published on June 4, 2015, 6:02 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
Trading tech: 5 stocks to buy
The “Fast Money” traders give you their 5 trades in the tech sector.
With Apple reportedly set to offer a new bond, an event that’s previously led to stock gains of more than 19 percent, “Fast Money” trader Guy Adami said now is the right time to buy Apple.”The genius of Apple is they make people […]
