In a deal with the U.S. Justice Department, the Department of Housing and Urban Development, and 49 out of 50 state attorneys, five of the country’s largest lenders have agreed…
Beyond Sovereign Debt
Put together a union of strong countries like Germany and weak countries like Greece and what will happen? Will the weak countries learn from the strong ones and become fiscally…
Europanic Spreading
Stocks surged recently when a new plan for dealing with Europe’s sovereign debt was announced. Then they came crashing back down when it became clear that the plan was more…
The High Price of High-Frequency Trading
Whatever its perceived benefits, HFT is changing the way the stock market operates. It used to be that companies went public to raise capital; investors took risks by buying company stock,…
High-Frequency Trading Accounts For Three Out of Four Trades
With graphs of stock market prices looking like the Alps recently, people are hearing a great deal about high-frequency trading (HFT) and its impact on the market. Except for hearing…
200-Day Moving Average Says the Bear Is Back
Investment managers regard the 200-day moving average price of an index such as the S&P 500 or of an individual stock as the dividing line. An index or stock trading…
Market Going In Wrong Direction
With profits exceeding analyst forecasts and a debt-ceiling agreement reached, there was reason to believe that the market might be ready to reverse direction and head back up last week.…
U.S. Losing Edge In Stock Listings
According to The Wall Street Journal, “A combination of mergers, fewer U.S. IPOs, lower listing costs abroad and a shift in how investors and stockbrokers do their jobs has driven…