Jim Cramer’s ‘Mad Money’ Recap: This Stock Market Is No BargainByScott RuttFollow|08/06/15 – 08:12 PM EDTSearch Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.NEW YORK (TheStreet) — Not every falling stock is a bargain, Jim Cramer warned his Mad Money viewers Thursday. Some are falling knives that will only lead to bright red losses.Cramer explained […]
WASHINGTON—Attorney General Eric Holder warned Friday that a new generation of data-driven criminal justice programs could adversely affect poor and minority groups, saying such efforts need to be studied further before they are used to sentence suspects.In a speech in Philadelphia to a gathering of the National Association of Criminal Defense Lawyers, Mr. Holder cautioned that […]
Andrew Jiang, Paul Duan and Eric Liu, the three founders of Y Combinator’s latest nonprofit, Bayes Impact, aren’t your typical entrepreneurs.The engineer, data scientist, and investor had previously worked on or analyzed investments in some of the toughest problems facing all technology companies in the Internet era — how to get more people to click on more stuff.But in recent years […]
Down for most of the trading day, stocks pulled out a win for Friday on late-day trading by institutions and indexed portfolios to reflect the annual rebalancing of the Russell Index constituents. The Dow Jones Industrials, thanks to an 80-point swing in the last two hours of trading, finished up 6 points for Friday, trimming the week’s loss to 95 […]
Benchmarks dropped the most in three weeks on Wednesday after World Bank lowered projections for global economic growth. The Dow snapped a four-day rally of record high closes. The blue-chip index also closed 157 points away from its key technical level of 17,000. The Nasdaq also ended a five-session winning streak. The S&P 500 recorded its biggest one day percentage […]
Indexes in the U.S. were down modestly – much needed after a 3 week run with little rest. The S&P 500 fell 0.35% and the NASDAQ 0.14%. Some are blaming the surprise loss of Cantor to a Tea Party candidate but rather than pointing out any specific reason, it’s just a market that needs a bit of a rest […]
Are We Heading For Another 1987-Style Stock Market Crash?Stock-Markets / Financial CrashApr 13, 2014 – 02:54 PM GMTBy: Graham_Summers
The big story developing in the US markets regards the sudden crackdown by regulators, most notably the SEC and Justice Department, on High Frequency Trading or HFT.For well over five years now, certain trading firms have been using high-speed […]
The Department of Justice is investigating high-frequency stock trading to see if any of the practices violate insider trading laws, U.S. Attorney General Eric Holder said Friday.Brokerage firms use high-frequency trading to get a jump on their competitors. Powerful computers analyze market information and then execute buy and sell orders for stocks within a fraction of a second.“The Department is […]
Martin Luther King, Jr. had many dreams. A unifier and peaceful warrior whose warmth and strength made him a compelling leader, he may also have foreseen the future— as we know it today—while writing his last book, Where Do We Go from Here: Chaos or Community?, which was published nearly half a century ago. With our current social systems in […]
The Securities and Exchange Commission announced on Thursday that it has charged former Microsoft senior portfolio manager Brian Jorgenson and his friend/business partner Sean Stokke with insider trading ahead of company announcements.
They are also criminally charged by the U.S. Department of Justice.
According to the SEC, Jorgenson obtained confidential information about upcoming company news through his work in Microsoft’s corporate finance […]