Category

Wall Street

Wall Street

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...

Wall Street

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...

Hot Stocks

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....

Top News

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...

Investing Tips

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.

Top News

Don't Be Fooled by Goldman Sachs' (NYSE: GS) Earnings Beat

Goldman Sachs (NYSE: GS) stock rose 1.22% yesterday (Wednesday) to $178.75, ahead of today's Q4 earnings release.

Analysts project EPS of $4.21 on revenue of $7.71 billion. Those figures are down from last year, when GS reported EPS of $5.60 on revenue of $9.24 billion.

The bank is scheduled to report earnings at 7:30 A.M. EST and will follow up with a conference call at 9:30 A.M.

GS stock has performed well lately, up 10% in the last three months and 29% in the last year.

To continue reading, please click here...

Stock Market Today

Stock Market Today Slumps on Sluggish Service Industry

Stock Market Today, Jan. 6, 2014: U.S. stocks, including all three major indices, closed in the red today as growth in the service industries was weaker than expected, adding to the heavy start to 2014 trading.

U.S. services sector shrank last month, with an index of 53.0, down from 53.9 in November and below expectations for 54.8. But, in a more positive economic indicator, factory orders rose 1.8% in November from a year prior, the U.S. Commerce Department reported.

In response, the Dow Jones Industrial Average today closed down 0.27% at 16,425, while the Standard & Poor's 500 was down 0.24% at 1,827 and the Nasdaq Composite Index is off 0.36% at 4,118.

In addition to today's economics reports, retail stocks are likely also weighed by the headline-grabbing cold weather, which investors expect to hurt January's retail sales.

To continue reading, please click here...

Investing Tips

How to Find the Best Small-Cap "Sparks" (in 90 Seconds or Less)

Today I'm going to show you how to find the best-performing small-cap stocks of 2014.

Employing the approach in 2013 helped spot some huge winners…

Puma Biotechnology, for example, jumped 452.2% in 2013, on a series of positive results and news related to its various clinical trials programs – a classic disruptive technology.

Tesla Motors is another great example. The luxury electric automaker trounced earnings estimates way back in the first quarter of 2013, which led to analyst upgrades… and, of course, a 344.1% gain for shareholders.

And then there was Netflix, which gained 279.6% after the company crushed fourth-quarter 2012 earnings, proving the company had righted its ship.

All very different businesses and industries, but one thing in common: sparks. They come in different shapes and sizes, but they all do the same thing: make you a lot of money.  

This year's first batch of gains can come quickly, too. Plug Power (PLUG) generated a spark on Jan. 2, confirming it had met fourth-quarter 2012 order targets. Shares jumped 34% that following morning… and were up another 35% by the next afternoon.

And here's the thing: Sparks are easy to find, too. No need to study ambiguous chart patterns, watch 24 hours of business news channels, or pore over valuations.  

All it takes is five simple steps…

All it takes is five simple steps...