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Momintn

Momintn
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  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    New ETF shares are suppose to be created by the close which presumes they buy the underlying stocks. And I assume selling works the same way, with selling the underlying stocks reducing the shares outstanding for the ETF by the close. Without an understanding of what HFT trading does with ETFs, your guess is as good as mine. My guess is that they jump ahead during a sell off and short sell the ETF or the underlying stocks but I have no way of proving this. And then when orders come in, jump in front of the orders buying the stocks or ETF back. If this happens then HFT is rigging the market for their profits.
    Apr 3, 2014. 10:45 AM | Likes Like |Link to Comment
  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    REUTERS - The Commodity Futures Trading Commission is investigating deals between large high-speed traders and the two futures-exchange operators - CME Group Inc(CME.O) and IntercontinentalExchange Group Inc(ICE.N),...
    http://reut.rs/QFM0va

    WASHINGTON—U.S. securities regulators are examining whether some rapid-fire trading firms are engaged in unlawful trading practices, Securities and Exchange Commission Chairman Mary Jo White said Tuesday.

    Ms. White, testifying before a House Appropriations subcommittee, said the SEC currently has "a number" of ongoing investigations regarding "market integrity and structure issues, including high-frequency...

    http://on.wsj.com/QFM0vd
    Apr 2, 2014. 12:04 PM | 4 Likes Like |Link to Comment
  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    Well you haven't convinced me that the market is not rigged. When I open an order window the price begins to go up. If I am buying a lot of stock, I bring up two different platforms because I do not trust the price I am seeing. And I always use limit orders. But sometimes the buy order doesn't fill, even when I can see that the price has come down to my order limit price. They obviously want me to raise my price.
    The bigger issue is buying or trading ETFs. ETFs do not have to settle until the end of the day. So more shares are being traded than exist in real stock. If orders come in to buy or sell an ETF in large volume, the computers can jump ahead and create even more orders. Usually buying is consistent but selling is volatile. Surely you realize that computer trading created the crash in 2009 and the flash crashes we have had. People have blinders on when it comes to computer trading and I think all automated processing related to our exchange of money should be audited by companies who have no involvement in the profit from trading.
    Apr 2, 2014. 11:47 AM | 3 Likes Like |Link to Comment
  • Why Barron's Is Wrong On $75 Oil [View article]
    IBM has invented a device that can be installed on a building, much like a satellite dish, that can power the entire building. If batteries can store enough electricity for transportation needs, oil will indeed go down in price over time.
    Apr 2, 2014. 11:31 AM | Likes Like |Link to Comment
  • Cramer's Mad Money - Bursting The Bears' Bubble (4/1/14) [View article]
    Caterpillar is up 2% today so stop paying attention to Cramer. Caterpillar is up 12% ytd because it is under-valued compared to other industrials and there is 5% short float. Caterpillar has a share buyback program as well as a dividend. I don't know if it's going to $116 again or not but you may want to trade this before earnings. I'm going to take some profits on some of my shares before earnings but not all.
    Apr 2, 2014. 11:26 AM | Likes Like |Link to Comment
  • Why Investing In IBM And 2 Potential Takeover Targets Makes Sense Now [View article]
    I was shopping today online and user reviews were on a site that said it was hosted by SoftLayer. I think we are going to see more of this. And NFTSA today during the Congressional hearing said they were installing new software that used IBM's Watson to improve their capabilities.
    Apr 1, 2014. 07:56 PM | 2 Likes Like |Link to Comment
  • More on General Motors' U.S. sales [View news story]
    Total sales were up 4 percent compared with a year ago. Retail sales were up 7 percent and GM gained retail market share. (Expectations were for 1%.)
    http://bit.ly/1lAQHTH
    Apr 1, 2014. 07:43 PM | 1 Like Like |Link to Comment
  • General Motors Has The Guts To Deliver Upside Potential [View article]
    Delphi says they told GM the part was not up to original specs but GM accepted the change. I still think if GM is held responsible for the old part, so will Delphi. They both have been through bankruptcy since then.
    Apr 1, 2014. 11:40 AM | Likes Like |Link to Comment
  • How Will The Recall Issue Affect GM Stock? [View article]
    What we need to know is how long is this bad news going to continue. Because when it ends we are going to wake up one morning to a big bounce up. And the persistent news has many effects: it may be seen that the consumer isn't really protected by government regulation as much as we think or it may be seen that so many companies have recalls every day, you better not be driving an old car without checking into what parts need to be replaced. In other words, "if your car is 10 years old, buy a new car." I've been told that restaurants that receive the most scrutiny are the safer places to eat afterwards.
    Apr 1, 2014. 11:32 AM | 2 Likes Like |Link to Comment
  • Delphi: GM OKd ignition switches that didn't meet specifications [View news story]
    If GM has any liability before bankruptcy, which is questionable, then so does Delphi.
    Mar 31, 2014. 11:18 AM | Likes Like |Link to Comment
  • How To Get $10,000 Each Year From A $250,000 Nest Egg [View article]
    I think you will do better to focus on earnings yield and earnings growth rather than dividend yield. You can always sell calls or a few shares for income. You can get more than 4% on TN municipal bonds which are tax free in TN.
    Mar 31, 2014. 11:00 AM | Likes Like |Link to Comment
  • What Seeking Alpha Is Doing To Prevent Paid Stock Promotion [View article]
    I believe even now there are different levels of contributors. People like yourself with good profiles should be verified and then we will be confident to read their opinions.
    I agree with you that anonymous people can not be depending on for transparency, and if they post an article and it is on SeekingAlpha, then it should not be published as news on yahoo or google or finviz or anywhere else. I wish it would not even appear beside my portfolio. There should be a disclaimer at the bottom saying that anonymous contributors may be long or short, touting their trades, working for hedgefunds, promoting a website or advisory firm, or paid for promoting someone else's stock positions.
    People who comment on articles like myself can remain anonymous if we choose for privacy reasons.
    Mar 29, 2014. 04:26 PM | 2 Likes Like |Link to Comment
  • Avoid Stocks With Large Buyback Programs - They May Bite Back [View article]
    Consider that when the buyback ends, the company may be in trouble. Delta Airlines stopped buying back shares in 2000, stopped the dividend around 2003, and went bankrupt in 2005. I see both buybacks and dividends a sign of strength in cash flow and a willingness to return some of this cash to the investor. Of course there are always other factors before making an investment decision. But IBM is my number 1 investment and will remain so.
    Mar 29, 2014. 02:49 PM | 1 Like Like |Link to Comment
  • Young Incomers Portfolio: Q1 2014 Update [View article]
    So do you take in account that young people have a lifetime to pay federal and state taxes on dividends? And are they going to be disciplined to re-invest the dividends?
    I invested in AT&T beginning in the mid-1990s, and look where that got me. No stock that pays a dividend is safe or a good investment just because it pays a dividend. A young person should select stocks very carefully, diversify with mostly growth in every sector and take your profits when the growth may end, or put your money in a growth ETF or mutual fund managed by a highly rated investment firm.
    Mar 29, 2014. 02:34 PM | Likes Like |Link to Comment
  • Avoid Stocks With Large Buyback Programs - They May Bite Back [View article]
    People use inaccurate and misleading commentary to make their trades work. Do you own research on buybacks and you will see that companies who do buybacks beat the indexes over the long term.
    Mar 29, 2014. 02:05 PM | Likes Like |Link to Comment
COMMENTS STATS
5,102 Comments
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