If you are rookie trader, then over trading is probably already on your daily list of tasks. Respecting trading rules is like going on a diet. It means you need to stick to the rules if you want to lose the extra weight. Same goes with trading; Successful traders only go for highs odds, high quality set-ups not high risk and […]
Thursday saw the market finally begin to react, to reprice based on the current environment. But why? Was it earnings? Was it China? Was it the Federal Reserve? How about a little bit of everything. News of a potential default in China along with a weak report on Chinese manufacturing (the Markit/HSBC purchasing managers’ index) causes […]
Crocs, Inc. (NASDAQ:CROX) jumped more than 14 percent in the current trading session following the news that CEO John McCarvel is retiring and Blackstone Group is making an investment of $200 million in the company. CROX shares are trading in the range of $14.75 to $15.28 today. The company has a market capitalization of $1.35 billion and P/E ratio of […]
Exxon Mobil Corporation (NYSE:XOM) made a new 52-week high of $101.74 in the last trading session following the news that the company has entered into a mutual venture with Russia’s Rosneft. XOM shares traded in the range of $100.99 to $101.74 on Friday. The company has a market capitalization of $443.50 billion and P/E ratio of 13.27.Sprint Corporation (NYSE:S) jumped […]
Analysis of people’s perception on Paul Walker’s deathThe world watched him with awed eyes when he raced his way past racers in Fast and the Furious series. The unfortunate irony is, he himself died in a car accident. The world mourned when the news of Paul Walker’s death broke out. Even fellow actor, Vin Diesel couldn’t hold on to […]
Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) jumped more than 15 percent in the current trading session following the news that Regency Energy Partners is acquiring midstream business of Eagle Rock in a deal valued at about$1.3 billion. EROC shares are trading in the range of $5.34 to $6.14 today. The company has a market capitalization of $973.51 million.Rite Aid Corporation […]
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 […]
Reality is always better than fiction. Today the Securities and Exchange Commission charged a — now former — Microsoft “senior manager” with insider trading. The employee, Brian Jorgenson, is accused of working with a friend to trade Microsoft stock and shares of its partners ahead of news such as earnings, generating almost $400,000 in profits over the course of the […]
One reason why stock market trading volumes have trended higher is because the cost of trading has come down sharply.Deustche Bank’s David Bianco included this chart in his 2014 outlook for the stock market.”Transaction costs related to owning large cap stocks have plummeted in the past few decades and remain low relative to most other assets,” wrote Bianco. “We […]
SharePinterestFacebookEmailFollowing last week’s revelations concerning President Obama’s broken promises about the benefits of Obamacare, the president’s poll numbers have fallen dramatically.But has the president seen the same blowback on social media? Using the analytics tool Crimson Hexagon, we tracked the sentiment surrounding Obamacare over the last week.Of the 8,869 relevant social media posts, support for the president’s healthcare law has […]
