Lately the market has done its best to convince traders that there are probably easier ways to earn money, such as by selling a kidney or by stealing the “Mona Lisa.” Over the last couple of weeks, I haven’t done much in the way of near-term projections, because I felt the market was near-term “un-projectable.” I have no […]
Analysis of people’s
perception on 24 – Live Another Day
It
takes Mr Holmes several days to
finish the job. Batman took years to do it. But this guy, he only needs
24
hours and the job is done. Yes, Jack Bauer. Is there really anything
that this
guy can’t do? He has already surpassed the likes of Chuck Norris,
Arnold etc.Are
you really up for this
marathon? He has […]
Selling pressure in Internet stocks and a decline in AIG’s quarterly income dragged the benchmarks down on Tuesday. While Twitter led the decline among Internet stocks, AIG adversely affected the financial sector. New deals in the health care sector failed to restrict the day’s losses. Meanwhile, investors kept an eye on the latest developments in Ukraine. The day’s economic reports […]
Twitter’s Richard Costolo, Jack Dorsey, Evan Williams and Biz Stone await the opening bell at the New York Stock Exchange on day of the firm’s IPO in November. Photograph: Lan/CorbisTwitter shares fell more than 10% as Wall Street opened for business on Tuesday, marking the end of the lockup period that prevented executives, early investors and other insiders selling […]
Stocks tumbled on Tuesday, a day after the Dow and S&P 500 closed near record highs, as Twitter shares fell sharply and insurance giant American International Group reported a decline in profit.The Dow Jones Industrial Average closed unofficially 129 points lower, while the S&P 500 lost 16 points and the Nasdaq shed 57 points, or 1.38 percent.”The primary reason we’re […]
From GMO’s Edward ChancellorThe Typical Characteristics of a Stock Market Mania1. This-time-is-different mentality. Throughout history, successive market manias have been rationalized with the argument that history is no longer a reliable guide to the future. Both the “new era” of the 1920s and “new paradigm” of the 1990s were marked by a “this-time-is-different” mentality. The same mode of thinking is […]
Daily technical analysis – 30 April 2014April 30, 2014 by Craig Erlam in Technical analysisEURUSDWe’ve seen a really strong rally in the pair in the last couple of hours following a negative start to the day. The sell-off saw the 50 fib level – 4 April lows to 11 April highs – once again provide solid support for the pair. […]
Daily technical analysis – 28 April 2014April 28, 2014 by Craig Erlam in Technical analysisEURUSDFollowing two weeks of sideways trading in this pair, the euro has finally broken higher against the dollar and closed above the 1.3850 resistance on the 4-hour chart. This could now prompt the next bullish move in the pair, although in the short term, we could […]
Social analytics has been in the news again with Twitter’s recent acquisition of Gnip. There appears to be a consensus that hidden within the mass of social data are insights that can provide companies with a competitive edge. However, drawing out these insights is not easy despite the range of social analytics tools that exist. This week in SMToolbox, I […]
A link to this post is being retweeted in unusually large numbers: 100% Reserve Banking — The History, by Atif Mian and Amir Sufi: So both John Cochrane and Martin Wolf are advocating 100% reserve banking. If these two agree on anything, it’s worth taking seriously! (It’s pretty amazing how advocates for narrow banking come from across the […]
