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Why Investing Is NOT a Zero-Sum Game
Zero-sum Game: Websters.com defines a Zero-sum game as: a game in which the sum of the winnings and losses of the various players is always zero. Origin: 1940–45 Myth: Investing IS a Zero-sum game Wall Street in and of itself is filled with countless “myths” largely because so many people, even the so-called professionals, simply do not understand it. One of these myths is that investing is a zero-sum game and we would…
30 Stocks With Strong Technical Patterns
The S&P 500 and Dow Jones Industrial Average closed at fresh 2009 highs on Monday. At this point, the major averages are just below important resistance levels for the year (Full commentary here) and appear poised to move higher. If they manage to close above their respective resistance levels on heavy volume then odds will favor a new leg higher will commence. That said, here is a list of 30 stocks that sport strong technical chart patterns:
Peter Clarke, MAN Group CEO, Interview
CNBC Interview with Peter Clarke, MAN Group, Interview
The Euro's 10 Year Anniversary- Historical Prices
In case you didn’t know the euro is celebrating its 10 year anniversary this year. The name was officially adopted on December 16, 1995 and was introduced to the financial markets on January 1, 1999. Three years later, On January 1, 2002, the euro entered circulation and has emerged as the world’s second reserve currency behind the US dollar.
Here Comes Santa…Central Banks Save The Day- Again
What Is The Santa Claus Rally? Here is how Wikipedia defines a A Santa Claus rally, “It is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new year. The rally is generally attributed to anticipation of the January effect, an injection of…
#Shutdown – Which Economic Reports Will Be Released & Which Will Be Postponed
Join Our Free Newsletter & Get Powerful Ideas Delivered To Your Inbox Coutesty of WSJ By Josh Mitchell and Jeffrey Sparshott The U.S. government shutdown will halt releases of most official gauges of the economy. Private organizations produce some measures that could be used to track the economy, such as gauges from the Institute for Supply…
