In Chicago, the Big Data initiative is about to make a major leap this summer.Urban planners are excited about the “Array of Things” project, which is installing “smart” lamp posts… pole-mounted sensors that gather data on everything from air quality to sound volume.These smart lamps could make Chicago “a safer, more efficient and cleaner place to live,” according to Charlie […]
Bitcoin was packed with news this week.
A bitcoin company listed on the Australian stock market, bitcoin was embraced on the Apple platform, bitcoin was announced as coming to the NCAA and it was determined that bitcoin is even less anonymous than people thought.
Bitcoin Goes to the Australian Stock Market
On June 15, digitalBTC was listed on the Australian stock exchange trading […]
SummaryIn January of 2013 I saw similarities between the stock of Apple and BlackBerry even though they were at opposite ends of the spectrum.
At that time, I suggested a pair trade was in order. I stated to go long Apple and short BlackBerry.
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Apple’s seven-for-one stock split may spark a short-term selloff, Greywolf Execution Partners Chief Technical Analyst Mark Newton said Friday. “The stock has gotten to nosebleed levels,” he said. “I don’t think the stock can make much progress before it pulls back.” On CNBC’s “Fast Money,” Newton said that the stock, which had been up more than […]
Benchmarks scored record highs yet again on Monday following encouraging ISM manufacturing data. Initially, benchmarks made losses owing to erroneous manufacturing data, but they rebounded once a correction was made which showed the index had grown at its fastest pace this year. Monday’s gains helped the S&P 500 close on a record high for the 15th time this year. The […]
High-frequency trading (HFT) firms make money – and lots of it – by exploiting inefficiencies in the pricing of shares quoted on several exchanges in an increasingly fragmented marketplace. They also generate significant income by capturing rebates offered by various exchanges for providing liquidity. While detractors dub such practices as abusive and predatory – claiming, for instance, that HFT firms […]
Stocks hit an all-time high this past week. What is puzzling now is that investors and traders keep hearing that the raging bull market is over, and that this has turned into a stock picker’s market. Investors still will try to make gains, but they will want to avoid getting caught in bad stocks. As 24/7 Wall St. reviews dozens […]
Bloomberg TVVirginie MaisonneuvePIMCO is famous for its massive bond fund business, which was built from the ground up largely by Bill Gross.
However, the money management firm also operates an equities fund business led by Virginie Maisonneuve.Today, Maisonneuve offers her assessment of the stock market in the context of the “New Neutral,” PIMCO’s house view that we’re living in a low-interest […]
Merger and acquisition activity and expectations that ECB will reduce key lending rates helped benchmarks end higher on Tuesday. Tuesday’s gains led the S&P 500 to a record high for the second straight session. The Nasdaq reached its highest level in almost eight weeks boosted primarily by gains in the technology sector. The day’s encouraging economic numbers on manufactured durable […]
Benchmarks ended in the positive territory on Friday, following reports of a rise in new home sales. Friday’s gains led the S&P 500 close at a record high and helped the blue-chip index close in the green for the year. Homebuilder stocks were among the biggest gainers for the day. Hewlett-Packard and GameStop’s better-than-expected earnings added to the bullish sentiment. […]
