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Book Reviews
It’s an occupational hazard: traders can’t get away from their work. Dr. Alexander Elder was climbing the walls after a few days on his Caribbean vacation. He correctly figured other traders were...
To succeed in the stock market, investors need a logical trading methodology with specific rules that they can execute. To help achieve that goal, this book’s authors have written an easy-to-read,...
Market Analysis
“We have a complacent market,” says Ralph D. Preston III of Heritage West Financial. But threats remain and by mid November he expects the Bush administration to hold Iran accountable for advancing...
“I’m not bearish on the world,” says John Welsh, SVP of Peregrine Financial Group, Inc. (PFG). “It’s as good as it has ever been, but the enthusiasm for stocks is misplaced,” adding that all stocks...
Despite the outflow of investments by Japanese citizens and funds, Lien sees hope, as the USD/JPY is hitting critical resistance at 120, and the EUR/JPY at 150. And the weak yen will have a...
Managed Money
With all the stories attempting to deconstruct the Amaranth Advisors LLC hedge fund blow up, it is hard to know exactly what truly happened; besides, of course, that it lost approximately 65% or $6...
Index funds gained favor in the latter part of the equity bull market as investors saw them as a cheaper way to gain access to broad market returns. Active managers were, for the most part,...
One concern created by the onset of commodity index funds is that they have distorted the much beloved and heavily used Commodity Futures Trading Commission’s (CFTC) commitment of traders (COT)...
New For Traders
The Dow Jones Turkey Equal Weighted 15 Index, created for Is Investment, an investment bank in Turkey, will serve as the underlying for an exchange traded fund (ETF). The Dow Jones Turkey Equal...
By issuing this Statement of Policy, the CFTC makes clear its continuing commitment to policies that foster customer and market protection objectives, while responding flexibly to the demands by...
People
Rick Sears is now president and chief sales officer for FXMarketSpace, a joint venture between the Chicago Mercantile Exchange (CME) and Reuters. FXMarketSpace also named former Goldenberg, Hehmeyer...
Jack Carter, eldest son of President Jimmy Carter, has taken a long route to entering the family business: one that went through the financial futures trading pits of Chicago, several interbank...
Ben Stein is a lot of things. He was a lawyer in New Haven, Conn., and Washington, D.C. before becoming a trial lawyer for the Federal Trade Commission. He began his political career as a...
CQG was probably one of the first companies to offer charts on a PC. Started in 1979, the company has grown to become one of the largest dedicated companies offering charting software to professional...