How High-Frequency Traders Use Dark Pools to Cheat Investors
High-frequency trading (HFT) has an evil cousin: dark pools.
While dark pools are not inherently bad, the abuse of dark pools by the high-frequency traders has created a whole series of problems that can harm both large and small investors.You're either the predator or the prey...
Get Ready for Earnings Season – Wall Street's Quarterly Shell Game
It's earnings season. And for company players, the game is about trying to beat analysts' estimates, to get your company's stock to pop so you look better than your reflection.
But the game is rigged. And like high-frequency trading and so many other "institutionalized" games on the Street that are sucking the life out of other people's dreams, it's not illegal.Here's how earnings are manipulated, and why it should be stopped...
Why You Need to Read Michael Lewis' New Exposé
No doubt you've heard about Michael Lewis' new book, "Flash Boys."
And, no doubt you've been hearing more than ever before about the subject of Lewis' book, high-frequency trading (HFT).
I ran to Barnes & Noble to buy the book the second I heard about it last week. They didn't have any copies. So, I ordered it online, which was cheaper anyway.And now he has a confession to make...
The Real Reason the Stock Market Is Rigged
Everyone's talking about Michael Lewis' latest book Flash Boys and HFT (high-frequency trading) and whether the markets are rigged.
What they're not talking about is how the markets have been set up for institutionalized rigging.
I'm not kidding.
The markets are rigged. You're going to have to get over it and deal with it.
The rigging is in the system and that's just the way it is…As to HFT, I'll get to that...
IEX Exchange Short-Circuits Wall Street's HFT Cheaters
Chalk one up for the good guys.
The IEX exchange, a new stock platform that launched Oct. 25 of last year, was designed to negate the advantage that Wall Street's high-frequency traders have over everyone else.are reacting in a most peculiar way...
What High-Frequency Traders Actually Do
High-frequency trading is fundamentally based on how market participants (for this discussion I'm talking about stock markets) place their orders to buy and sell shares and how HFT players act on those orders.
For every stock that's traded there is always (or at least it used to be "always") a "bid" and an "ask" price. Sometimes you'll hear the term "offer" or "offered" price, those terms are interchangeable with the term "ask" or "asking price."To continue reading, please click here...
What's Next for This Bull Market Will Give Main Street Investors a Rude Awakening
So far today U.S. stocks aren't celebrating the 5-year anniversary of the bull market, which technically speaking began on March 9, 2009.Will they rally by the end of the day, in a formal salute to moving onwards and upwards?
Why Wall Street Would Love to Bug Our Phones
Every month or so, Keith Fitz-Gerald, Shah Gilani or a few of the other editors here at Money Map Press will wonder aloud if the big Wall Street investment banks have secreted a bunch of listening-device "bugs" in our offices or on our phones.
They haven't, of course. And our comments were made in jest – and meant only as a joke.
But the coincidences that prompt these surveillance-by-Big-Brother quips can be quite remarkable.
Let me share a brand-new story that shows you what I mean….Let me share a brand-new story that shows you what I mean....
Why Coach (NYSE: COH) Stock Dropped 8% Today
Coach Inc. (NYSE: COH) stock plunged as low as 8.13% today (Wednesday) after its Q2 earnings release delivered this disappointing data…
Analysts expected to see earnings around $1.11 per share and revenue of $1.48 billion. What they got instead was EPS at $1.06 and a revenue of $1.42 billion. The Q2 earnings represent a 16% drop from a year ago.To continue reading, please click here...
Three Shocking Market Predictions for 2014… And the Evidence to Prove Them
Each January, we hear a chorus of pundits making predictions about where the markets will go in the 12 months ahead. The number and volume level of the "predictions" is matched only by the utter lack of evidence to back them up.
These talking heads will be the first to shout "I told you so!" But when they get it wrong, well… the silence is deafening. Their predictions are of little use to us.
But predictions themselves can be very useful. Making a well-reasoned prediction can be a great way to crystallize your thinking on important issues. It's also a good filter that can help you select which trends and sectors to embrace – and which to avoid – over the year ahead.With this in mind, I have three predictions, all backed by compelling evidence, that will surprise you... and help you make a lot of money this year.