Momentum stocks are getting crushed. Another generation of Etraders has been fully monetized.Skynet has no one left to milk.IPOs are in free-fallThis morning they were back in 2014, now they’re almost in 2013. They lost a year of gains since this morning…World’s largest IPO (Alibaba)…2nd largest failed IPO (Twitter):Netflix – 8%:The Biotech rally is over…Revenueless BiotechThe top performing IPO for […]
Related: New York Stock Exchange shut down over ‘technical issue’ – live updates
I wake up from my whiskey stupor to the scent of burning motherboards, and I know that something is wrong. Out the window in New York’s Financial District, two men in torn bespoke suits roast a body over an oil drum. It looks like Thomas Friedman’s, but I […]
RobinhoodRobinhood is now available to the general public.
It’s sleek. It’s easy to use. It’s designed to give first time, small-scale investors a leg up on Wall Street hotshots.
And after months of waiting, it’s now open to anyone who wants to join.Robinhood, a zero-commission brokerage app for iPhone that launched in December to a 700,000-person waitlist, is now available to the […]
Taylor McBride/flickrIn the wake of recent scandals, millennials have become disillusioned with the finance industry. But with the emergence of gamification, stock market trading apps are beginning to revive young people’s interest in the industry.Angry Birds. Candy Crush. BUX. Most smartphone users will know the first two gaming apps, but what about that last one? “We want you to play […]
Since the financial crisis, the credibility of Wall Street has taken a beating. These days MBA graduates are as likely to work at socially minded start-ups as mega-banks. And day trading isn’t quite the popular sport it was in the helter-skelter days of the 1990s. Helping the planet is cool. Making unthinkingly large amounts of money is not.In this context, […]
