Today I decided to follow my heart and not my brain in trading. Net result? An up day but my profits were eroded quickly when I took winners off the table as losers and then decided to get greedy which delayed closing out of winners and a few other winners turning south. TSLA rallied due to the initial buy to […]
REUTERS/Jason ReedChina is trying hard to hold up its stock market.The first sign of a full-blown crisis is when the government tries to ban short-selling, and China is no exception.Short-sellers borrow stocks and immediately sell them off, reasoning they can buy them back at a lower price in the future and pocket the difference.But their negative bets put downward pressure […]
Backyard steel furnaces
I take no position one way or the other on any Chinese stock market crash, including the most recent one. And despite a fairly high investment risk tolerance (I bought a Russia fund right after Boris Yeltsin fired his fourth president), I have never purchased a Chinese stock. My having to deal with China company books and records as a […]
The Athens stock exchange closed 16 percent lower on Monday after it reopened for the first time in five weeks, according to an unofficial tally.Reuters reported that Greek banking stocks fell 30 percent, hitting the bourse’s daily volatility limit, with sellers lining up and no buyers. Earlier, the sector was being pummeled across the sector, including Alpha Bank, Attica Bank […]
The Athens stock exchange. Bank shares were particularly hard hit on Monday after reopening following the five-week shutdown. Photograph: Yannis Kolesidis/EPA
Greece’s stock market plunged nearly 23% on Monday when it reopened after a five-week shutdown brought on by fears that the country was about to be dumped from the eurozone.The main Athens stock index fell to in worst ever one-day […]
AP Photo/Petros KaradjiasA demonstrator makes the victory sign in front of a banner, depicting a wrecking ball reading ”NO” and destroying a wall with anti-austerity measures during a rally in Athens, Friday, June 10, 2015.The Greek stock market is about to reopen for the first time in five weeks. It’s been closed since the beginning of the country’s capital controls […]
Stock Market Some Day…..Stock-Markets / Stock Markets 2015Aug 02, 2015 – 05:08 PM GMTBy: Jack_SteimanWe are all trying to wrap our heads around this base. Arguments can be made on both sides. The bulls will tell us that sentiment is unwinding nicely as we hold the range, while the bears will say the longer this goes on without breaking out […]
The annual pilgrimage to the MoneyShow San Francisco has been my ritual since graduate school. Experts keep my financial knowledge base refreshed. Times change and shows like this one will eventually be completely virtual. The highlights for 2015 covered the disruption of financial advising and health care. I don’t need to repeat the most important talks because those will eventually […]
The Greek news of the day is Greek Stock Market to Reopen, With Restrictions.RestrictionsPeople cannot draw on their Greek bank accounts to buy shares
People can only buy shares with existing brokerage account cash
I supposed people could transfer cash from elsewhere into stocks but no one in their right mind would do such a thing.And what about taking cash out of […]
Harry Temkin and Stephen Kalayjian have spent years working in the financial sector, but it wasn’t until the two started working together that they realized they might have a future in game design.”Steve had always thought about doing a game,” Temkin told Benzinga. “But, being who we are, we never thought we’d actually do it. Then one day we came […]
