Lim: Nasdaq 5,000 Not Different This TimeMarch 3, 2015“Tech is 47% of the index … [A]t an average P/E of 21.5, the Nasdaq is still considerably more expensive than the Dow Jones industrial average, the S&P 500, European stocks, emerging market stocks, and the list goes on and on. …“[T]he Nasdaq Biotech index now trades at P/E of around 50. […]
Update: Mohammed Islam has admitted that he lied about his earnings. He was only trading in simulated stocks and has made zero dollars trading on the stock market.Read About His Full Confession HERE. Mohammed Islam is rich and he’s not even out of high school. However, recent reports suggesting that the high schooler has earned $72 million trading stocks, are greatly exaggerated.The […]
NEW YORK CITY, New York (PIX11) – Most high school students save up money by working at a store or fast food restaurant.However, one 17-year-old from New York has made a cool $72 million on Wall Street, according to PIX11.New York Magazine reports that during his lunch breaks Mohammed Islam would play the stock market.First, the Manhattan teen started trading […]
Updated 12/15/14 at 2:54 p.m.(CNBC) — The story about a high school student making outrageous amounts of money playing stocks has apparently been over-exaggerated.17-year-old, Mohammed Islam says that he does not know where the reported number came from, but claims that it is inaccurate.Islam says the actual number is still believed to be in the millions, but he declined to say […]
EDITOR’S NOTE: Since this story was originally published, the New York Magazine has admitted that Mohammad Islam lied and his claims were false.NEW YORK CITY — The New York Post called him, “the teen wolf of Wall Street.”Mohammed Islam is a 17-year-old from Queens and he has made tens of millions of dollars playing the stock market during his lunch […]
ORLANDO, Fla., Dec. 5, 2014 (GLOBE NEWSWIRE) — A shelf registration (commonly known as an S-3 filing) is a public offering which allows companies to offer and sell securities without having to file separate prospectuses for each raise. Typically, the maximum amount that can raised through one of these documents is $100 million. Looking at biotech and medtech stocks that […]
Indexes gyrated around the unchanged area in the morning, followed by some light selling later in the day. The S&P 500 fell 0.16% and NASDAQ 0.27%. Reuters reported on Tuesday that Russia has sent a 280 truck convoy to Ukraine carrying humanitarian aid, which the receiving country says it may block. NATO fears the aid may be a disguised bid […]
US Postal Service Sees Benefits of Big Data. Procurement Should Too
07-Jul-14 10:00In case anyone had doubts, it’s now official that the “big data” revolution has gone mainstream: The US Postal Service is looking at big data and the analytical capabilities it promises to develop and implement its planned “Internet of Postal Things.” If the Postal Service, which probably collects more […]
Back in 2001, Buffett said in an interview with Fortune Magazine that “the single best measure” of stock market valuation is by taking the total market cap (TMC) and dividing it by the total gross domestic product (GDP). Today, TMC is equal to 114.5% of total GDP.At the market top in 2007, just prior to a -54% crash in stocks, […]
Excerpted from ‘Tangible Ideas’ via Sean Corrigan of Diapason Commodities,So where does this leave us, in financial markets, at the mid-point of the year, other than with asset prices through the roof?As can be gathered from the faux lamentations issuing forth from those central banking Uriah Heeps who sit wringing their hands at the dangers inherent in a ‘search for […]
