Tag Archives: traders
How to Spot and Time Stock Market Tops
NEW YORK (TheStreet) — Since the middle of April everyone and including their grandmother seems to have been building a short position in the equities market and we know picking tops or bottoms fighting the major underlying trend is risky business but most individuals cannot resist. The rush one gets trying to pick a major top or bottom is flat out exciting and that is what makes it so darn addicting and irresistible. If you have ever nailed a market top or bottom then you know just how much money can be made. Continue reading
CME Group "mistakenly" let some traders see secret swaps data
(Reuters) – CME Group said Monday that it mistakenly allowed “a small number” of traders to see confidential data on hundreds of swaps transactions that it collects under new rules mandated by Wall Street reform legislation. Details on 500 swaps transactions tied to agriculture and energy were inadvertently released to some traders on April 1, CME said, after the Chicago-based exchange operator implemented an enhancement to its swaps-data warehousing service that contained a bug. CME corrected the problem within two days, it said in a statement Continue reading
Stocks edge higher as earnings start
NEW YORK (AP) — Stocks rose modestly Tuesday as traders lacked a catalyst to push the market higher following a strong start to the year. Continue reading
Asia stocks rise on heels of new Dow record high
BANGKOK (AP) — Asian stock markets mostly gained Wednesday on the heels of a record high on Wall Street as traders waited for the latest Federal Reserve meeting minutes for insight into the U.S. economy’s prospects. Continue reading
MARKET COMMENT: Singapore’s STI Flat;May Still Challenge 3320-Phillip
Singapore traders are shuffling penny plays, with the STI wavering between positive and negative, lacking cues with several of the region’s major markets still shuttered for an Easter Monday holiday. Continue reading
U.S. approves Nasdaq payback plan for Facebook IPO, UBS unhappy
By John McCrank and Jennifer Saba (Reuters) – Regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc's glitch-ridden market debut, a victory for the exchange operator that also set the stage for potential lawsuits from firms seeking more. The Nasdaq plan will give retail market makers far less than the $500 million in estimated losses from Facebook's initial public offering. Nasdaq said in a note to traders on Monday that the U.S. Continue reading
MARKET COMMENT: Vietnam Shares +0.9%, Immediate Cap At 498-Traders
0254 GMT [Dow Jones] Vietnam shares are up 0.9% at 494.25, after the government said CPI is down 0.19% on month in March, after rising 1.32% in February, paving the way for banks to cut interest rates to help reduce borrowing costs for companies, traders say. Continue reading
Weak Oracle sales, Cyprus fears weigh on US shares
Stocks fell on Wall Street Thursday as Oracle's weak sales results weighed down big U.S. technology companies. Traders worried about Cyprus running out of time to avoid bankruptcy Continue reading
Stocks fall amid worries about Oracle, Cyprus
Stocks are closing lower on Wall Street after Oracle's weak sales results weighed down big U.S. Continue reading
