That is just too much information October 31, 2011 LOOKING at the market reaction to recent events, traders could be forgiven for sitting in front of their screens, scratching their heads, unable to make heads or tails of anything. Whispers through the grapevine cause big moves in price, but official statements barely register. Perhaps traders are paying heed to the old rule of thumb [...]
Five must-follow tweeters for trading success October 31, 2011 1 @ZEROHEDGE From the mysterious writers who author the Zero Hedge blog, this twitter feed is streets ahead of the competition. It brings news scoops and links to insightful articles that often challenge the consensus. The website has been credited with bringing the controversial practice of flash trading to the public attention in 2009. 2 [...]
THE TIPSTER October 31, 2011 SHARES in Man Group are languishing at lows not seen since March of 2009, down over 50 per cent year to date. Weekend reports suggested Man could be considering using some of its cash pile of around $1bn to fund a share buyback at current levels, so CFD traders were buying with tight stop losses [...]
Bullish October shows that investors were not spooked October 30, 2011 OCTOBER has a reputation for being a troublesome month for financial markets, and memories of the 1987 crash still linger. So stock market bulls have been cheered by the four-week rally, although there are fears that fresh buyers are reluctant to step in at current elevated levels. This week brings a string of important economic [...]
WALL STREET WEEK AHEAD October 30, 2011 WITH the S&P 500 about to end its best month in almost 40 years, many would be happy to cash in gains and start packing for the ski slopes. But some underperforming investors are being cornered into putting yet more money into US stocks. The S&P 500 on Friday closed its fourth week of gains [...]
From the ladies who lunch to women who cut hedge fund deals October 30, 2011 IT STARTED as a girls’ lunch,” Lindsey Parslow tells me. “Me and a group of other hedge fund office managers would get together to share ideas,” she explains. “We were all frustrated with the same things at work. We didn’t want to be paying so much for everything.” They knew they were paying too much [...]
The books that can change a business life October 30, 2011 THOMAS Jefferson once said: “books constitute capital,” and considering all entrepreneurs are after that, we thought we’d ask five successful business owners what books spurred them on in the early days. Here are their answers. TAREK NSEIR, TH_NK THE DESIGNFUL COMPANY: HOW TO BUILD A CULTURE OF NONSTOP INNOVATION BY MARTY NEUMEIER Nseir says that [...]
Batten down the hatches: Main St. braves the storm October 30, 2011 THREE months after the debt ceiling wranglings on Capitol Hill that drove S&P to downgrade America’s AAA rating, there have been some chinks of light shining through the grey clouds that until now have enveloped the US economy. Figures released last week by the US Commerce Department indicated that the US economy had grown by [...]
THE WEEK AHEAD October 30, 2011 COMPANY NEWS ● Barclays announces today. It traces its origins back to 1690, when John Freame and Thomas Gould traded as goldsmith bankers in Lombard Street. Eagle eyes await results. ● Imperial Tobacco announces tomorrow. Its brands include Davidoff, West, Gauloises Blondes, Montecristo and Drum. It was created in 1901 through the amalgamation of thirteen [...]
THE TIPSTER October 30, 2011 TRICK or treat? Marstons – brewer of Hobgoblin beer and pub owner – has like the rest of the market, enjoyed a frightfully good October, with shares rallying close on 20 per cent. Although the market is becoming increasingly dominated by a handful of giants, earnings are expected to be in line with expectations when [...]
