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As strange as it seems, in all this wild volatility the stock market’s weekly patterns are still playing out normally.
For instance, options expirations take place on the third Friday of each month. The week before the expirations week tends to be negative. The week in which the expirations will expire on Friday tends [...]
We have closed another political chapter by democratic means ushering a new dispensation with renewed hopes in the faces and hearts of the people of Sierra Leone. With hindsight, not many good or positive things were said or achieved in the last 12 years. But candidly strides were made in certain structures put in place [...]
Being Street Smart
Sy Harding
THE U.S. DOLLAR! September 18, 2009.
The U.S. dollar fell to a 12-month low against most major currencies on Thursday, with by far the majority of currency traders believing it will continue its freefall. And on the fundamentals, the dollar doesn’t seem to have much going for it to reverse [...]
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Wall Street likes to suggest that investors can readily handle a bear market by simply selecting the right stocks or sectors, the ‘defensive’ stocks. That has never worked in the past, and did not in this bear market.
Even the best ‘stock-pickers’ in the world, like Warren Buffett, and mutual fund managers, were again [...]
By James F. Cotter
David Kelly, chief strategist with J.P. Morgan Funds, sees indications that the economy is beginning to improve. As reported by Beth Kowitt in Fortune, 6 April, Kelly cited government spending as having lifted the country out of the Depression during World War II. In addition, “The housing sector is really [...]
Being Street Smart
Sy Harding
Is the Fed Still Blowing Bubbles? October 15, 2010.
The modern Fed has quite a history of blowing bubbles, and doing so even when it seems to be aware of what it’s doing.
Remember the dotcom bubble in 1999, and the stock market bubble in 2000?
In 1998, Fed [...]
Is the glass half full? The Federal Reserve has committed to buying $600 billion worth of Treasury bonds between now and June, and it wants to purchase up to $900 billion in debt by the end of September 2011.1 This second round of quantitative easing has been dubbed QE2. Basically, this effort would pump cash [...]
See, you can’t merely call up the NYSE or the NASDAQ marketplace yourself and ask Throw or Larry about the floor to generate a trade on your behalf. Simply no, in order to spot a buy or sell purchase in your favorite shares or futures, you will require a merchant account with an authorized dealer/dealer [...]
In review of President Ernest B Koroma`s tenure his goal, mission and vision has been dynamic without reservations or any prejudices advancing the change concept which has been essentially embraced by the greater majority as a collective initiative for a common destiny is mainstream. He continues to make tremendous improvements within two years in office [...]
If stocks can be compared to five-speed automobiles, stock options are F-16 fighter jets. In order to qualify for an options account, you have to state your level of experience, candidly reveal your level of liquidity, and pretty much accept that it’s your fault if you go bankrupt.
There is a reason for this. You [...]