Mary Schapiro on Flash Crash
Airtime: Thurs. May 20 2010 | 9:40 AM ET
SEC Chairman Mary Schapiro offers her opening statement on the events that led up to the “Flash Crash” earlier this month.
Airtime: Thurs. May 20 2010 | 9:40 AM ET
SEC Chairman Mary Schapiro offers her opening statement on the events that led up to the “Flash Crash” earlier this month.
Heretofore, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been strong but the market action has been wide-and-loose which is not a healthy sign. The S&P 500 sliced below its two month upward trendline (shown above) which is not ideal. The next level of support for the major averages is their September highs, then their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. We have enjoyed large gains since the September 1st FTD and over the past two weeks, the tape remains somewhat sloppy. Trade accordingly.
I’m frequently asked: Is the Market Expensive? Value is Subjective: I believe the answer is very subjective. My standard response is: “Value, like beauty, is in the eye of the beholder.” -Adam Sarhan P/E Ratio: The P/E ratio is a common ratio used to measure a market (or stock’s ) value. The ratio is derived…
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Source: http://www.cnbc.com/id/100890341
Cloud computing drives massive growth for big U.S. tech firms SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O), Alphabet Corp’s (GOOGL.O) Google and Intel Corp (INTC.O) are all putting their chips on the cloud computing business, and it is booming. All four companies posted stellar quarterly earnings on Thursday, showing the strength of…
Dear Friends, In Jan 2014, Adam Sarhan was invited to appear in a Danish Documentary about “The American Dream.” His appearance (7:18-11min mark) is in their New York segment: http://www.dr.dk/tv/se/monte-carlo-elsker-usa/monte-carlo-elsker-usa-1-8 Kind regards, Sarhan Capital