Posts filed under “Think Tank”
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Major U.S. indices such as the S&P 500 and the NASDAQ Composite have both recently stabilized and bounced for the second time off their respective 50 day moving averages. Though historically June tends to be a negative month for stocks, with only 9 trading days left in the quarter we wonder aloud whether quarter ending “window dressing” will keep stocks elevated until June passes.
Market internals have certainly shown some deterioration of late, however, the old adage is to respect the trend and the trend still remains up as long as the recent lows, near the respective 50 day moving averages, hold.
Please see attached note for chart on the S&P 500 and NASDAQ Composite.
Category: Technical Analysis, Think Tank
A Market Built on Theft Sucks Themis Trading 18 November, 2011 OK. Sorry for this; long note coming. You remember the latency arbitrage that HFT said doesn’t exist? Manoj Narang, CEO of Tradework, the only HFT firm dying to speak about HFT strategy to regulators, big media, small media, industry panels, and folks in…Read More
Category: Legal, Regulation, Think Tank, Trading
Here is the Chicago Fed Letter circa 1988. Makes for fascinating reading
Category: Inflation, Think Tank
Economists Are (Still) Clueless John Mauldin June 15, 2013 Economists Are (Still) Clueless The Revenge of the Minsky Moment Monaco, Cyprus, Croatia, Switzerland, and Las Vegas Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the…Read More
Category: Think Tank
If it’s not in the newspaper, that doesn’t mean it didn’t happen. Just because the newspaper says it’s important, that doesn’t mean it is. Don’t confuse ink with traction. You can hire a PR person, be all over the media, and no one can care. Just because you’re on TV, don’t assume everyone’s seen you….Read More
Category: Financial Press, Television, Think Tank
Rock and Roll, Economics, and Rebuilding the Middle Class David Vandivier White House Blog June 12, 2013 Today, at 7:00 pm EST, Chairman of the Council of Economic Advisers Alan Krueger will deliver remarks on income inequality and rebuilding the middle class at the Rock and Roll Hall of Fame. As he’ll discuss this…Read More
Category: Economy, Music, Think Tank
How Elite Economic Hucksters Drive America’s Biggest Fraud Epidemics William K. Black AlterNet, May 29, 2013 Editor’s note: This article is part of an ongoing series, “The Age of Fraud.” What do you get when you throw together economic fraudsters, plutocrats and opportunistic criminals? A financial crisis, that’s what. If you look…Read More
Category: Legal, Regulation, Think Tank
The Bond Market and Inflation David R. Kotok June 12, 2013 “A knowledge of the laws of prices is essential for personal business success because every business transaction involves a guess as to the future of prices. Such knowledge not only is essential for the individual but also is vital for national stability….Read More
Category: Fixed Income/Interest Rates, Think Tank
EVERY Market Is Rigged Bloomberg reports today: Traders at some of the world’s biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice. Employees have been front-running client orders and rigging WM/Reuters rates by pushing through trades before and…Read More
Category: Currency, Think Tank
