Market Notes: Time To Run For Cover? -- April 25 [View instapost]
Bruce,
Thanks for reading the article and checking out my blog. I have no idea how Barron's selected me except that the writer said he thought I was interesting being that my background isn't that of your standard typical investment professional's.
Market Notes: Time To Run For Cover? -- April 25 [View instapost]
Jason,
You can see by this week's rush by the retail investor to buy physical gold and silver that people are desperate for some sort of yield. However, the market won't go up forever despite continued printing--valuation will at some point become a concern.
Market Notes: Surviving & Even Profiting From A Flash Crash -- April 23 [View instapost]
Dino,
I'm not sure what you're implying but my focus here was to warn people about one danger of setting hard stop/losses on long positions.
Other people have posted here on Stock Talks about setting extremely low buy orders (on stocks you'd like to own) just in case another flash crash happens. Because of the fleeting nature of these events, the likelihood of getting filled is probably remote.
Why Lot78 Stock Is Likely To Collapse [View article]
Michael,
Thanks for the heads up on this stock. It's been on my radar screen for a month and agree with you that its product line is over-priced for what it is--especially in this tenuous economy.
My question to you, though, is how were you able to manage to short this stock? Most brokerages won't let you short a stock under $5 (I'm referring to the home investor).
The stock jumped 27% today on heavy volume so someone is obviously impressed with it. Anyone short this stock must be in serious pain right now.
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
James,
From your article, you're saying that the gold etfs are to blame for the rise in gold prices. For one thing, the GLD is not a paper product; in fact it is one of the largest owners of physical gold in the world.
You claim that rampant gold etf buying was the cause of gold's big rise, but I'm not seeing anything concrete to substantiate your thesis. This article's author really dug into his subject and performed extensive data collection to either prove (or disprove) his thesis. His results are provocative and based on verifiable facts.
I'm probably the last person to diss another author as I understand what hard work it takes to bring a thoughtful article to publication, but I've found in the past that theStreet.com authors to tend be long on opinion and short on facts. They also negate any other point of view other than their own.
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
Chris, Great piece of financial investigative journalism--it was worth burning the oil for it! HFT is making these sort of sophisticated dumping schemes possible and you're so right in saying that nobody's going to do anything about it.
Doing my chart surfing everyday I see front-running all the time. It someone knows something a few minutes before a major release, you'll see it show up in the stock market; if it's more than a few hours up to a couple of weeks before, you'll see it in the options market. Again, nobody does anything about it (because if they did everybody would be in jail) and if they do, it's on very rare and special occasions.
I'm sure the late-night HFT-type of dumping is done not only in commodities but in stocks, too. How else does one explain those unexplained sell-offs? Wondering if this type of manipulation wasn't responsible in part for some of Apple's sell-off...
Market Notes: Turning Japanese -- May 13 [View instapost]
Market Notes: Turning Japanese -- May 13 [View instapost]
Market Notes: Airlines Continue To Soar -- May 6 [View instapost]
$WYNN is testing major resistance at $140. Just an FYI.
Dr. K
Market Notes: The Derby Trade -- May 3 [View instapost]
Market Notes: Semis On The Move -- May 2 [View instapost]
Chartwise, I'd take profits right here. The stock looks like it's going down. A break below $4.25 is a sell signal.
TX to y'all for responding.
Dr. K
Market Notes: Time To Run For Cover? -- April 25 [View instapost]
Dr. K
Market Notes: Time To Run For Cover? -- April 25 [View instapost]
Thanks for reading the article and checking out my blog. I have no idea how Barron's selected me except that the writer said he thought I was interesting being that my background isn't that of your standard typical investment professional's.
I'll have to take his word on that.
Dr. K
Market Notes: Time To Run For Cover? -- April 25 [View instapost]
You can see by this week's rush by the retail investor to buy physical gold and silver that people are desperate for some sort of yield. However, the market won't go up forever despite continued printing--valuation will at some point become a concern.
Thanks for adding your thoughts!
Dr. K
Why Lot78 Stock Is Likely To Collapse [View article]
Why Lot78 Stock Is Likely To Collapse [View article]
Thanks. Didn't know IB allowed that, but no surprise since they let you do almost everything else.
Very sorry for your loss. Now you know why most brokers won't let the home gamer do this!
Dr. K
Market Notes: Surviving & Even Profiting From A Flash Crash -- April 23 [View instapost]
I'm not sure what you're implying but my focus here was to warn people about one danger of setting hard stop/losses on long positions.
Other people have posted here on Stock Talks about setting extremely low buy orders (on stocks you'd like to own) just in case another flash crash happens. Because of the fleeting nature of these events, the likelihood of getting filled is probably remote.
Maybe you can clarify what you're trying to say.
Dr. K
Why Lot78 Stock Is Likely To Collapse [View article]
Thanks for the heads up on this stock. It's been on my radar screen for a month and agree with you that its product line is over-priced for what it is--especially in this tenuous economy.
My question to you, though, is how were you able to manage to short this stock? Most brokerages won't let you short a stock under $5 (I'm referring to the home investor).
The stock jumped 27% today on heavy volume so someone is obviously impressed with it. Anyone short this stock must be in serious pain right now.
Dr. K
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
From your article, you're saying that the gold etfs are to blame for the rise in gold prices. For one thing, the GLD is not a paper product; in fact it is one of the largest owners of physical gold in the world.
You claim that rampant gold etf buying was the cause of gold's big rise, but I'm not seeing anything concrete to substantiate your thesis. This article's author really dug into his subject and performed extensive data collection to either prove (or disprove) his thesis. His results are provocative and based on verifiable facts.
I'm probably the last person to diss another author as I understand what hard work it takes to bring a thoughtful article to publication, but I've found in the past that theStreet.com authors to tend be long on opinion and short on facts. They also negate any other point of view other than their own.
My two gold coins--for what that's worth.
Dr. K
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
Great piece of financial investigative journalism--it was worth burning the oil for it! HFT is making these sort of sophisticated dumping schemes possible and you're so right in saying that nobody's going to do anything about it.
Doing my chart surfing everyday I see front-running all the time. It someone knows something a few minutes before a major release, you'll see it show up in the stock market; if it's more than a few hours up to a couple of weeks before, you'll see it in the options market. Again, nobody does anything about it (because if they did everybody would be in jail) and if they do, it's on very rare and special occasions.
I'm sure the late-night HFT-type of dumping is done not only in commodities but in stocks, too. How else does one explain those unexplained sell-offs? Wondering if this type of manipulation wasn't responsible in part for some of Apple's sell-off...
Dr. K
Market Notes: Today's Quintuple Whammy -- April 15 [View instapost]
Dr. K