Seeking Alpha

Jim Van Meerten's  Instablog

Jim Van Meerten
64,963 Followers
76 Following
Send Message
Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Please Explain The JPM $2bn Trading Losses 1 comment
    May 15, 2012 10:20 AM | about stocks: JPM

    I'm seeing everyone say the markets are going down because JP Morgan experienced $2bn in trading losses. Doesn't that mean that someone else MADE $2bn in trading gains? Isn't it a sum net even minus trading costs to the overall economy?

    Will someone please explain this in simple terms or guide me to a good explanation?

    I

    Stocks: JPM
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

This post has 1 comment:

Track new comments on this article
  •  
    Sure...the JPM mutual fund and hedge funds were on the other side at the cash register.
    16 May 2012, 05:04 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • $WCN - 96% Barchart technical buy signals - 8 new highs and up 12.95% in the last month - Relative Strength Index 73.90%
    2 days ago
  • $BBG - 96% Barchart technical buy signals - 9 new highs and up 20.96% in the last month - Relative Strength Index 65.22%
    2 days ago
  • $BYI - 96% Barchart technical buy signals - 4 new highs and up 13.85% in the last month - Relative Strength Index 69.26%
    2 days ago
More »

Latest Comments


Most Commented
Posts by Themes
adr's , ADRs, ADRs - Europe, ag chemicals, agribusness, agriculture, aircraft manufacturing, airlines, alternative energy, aluminum, areospace, argricultural products, Audio, automotive, balanced funds, banking, banks, BarChart, Barchart, Barchart Chart of the Day, Barchart Chart of the DAy, Barchart chart of the Day 3/15, Barchart Chart of the Day 3/22 , Barchart Chart of the Day 3/24, Barchart Chart of the Day 3/25, Barchart Chart of the Day 3/28, Barchart Moring Call, Barchart morning call, Barchart Morning Call, Barchart Morning call, Barchart Morning Call -- 2/24, Barchart Morning Call 2/25, Barchart Morning Call 3/14, Barchart Morning Call 3/15, Barchart Morning Call 3/17, Barchart Morning Call 3/18, Barchart Morning Call 3/21, Barchart Morning Call 3/22, Barchart Morning Call 3/25, Barchart Morning Call 3/28, Barchart Morning Call 3/29, Barchart Morning Call 3/3, Barchart Morning Call 3/4, Barchart Morning Call 3/8, Barchart.com Morning Call 2/28, Barhchart Chart of the Day, basic material, basic materials, beauty products, beverages,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.