December 2017

The Securities and Exchange Commission (SEC) announced two initiatives in later September that will build on its Enforcement Division’s ongoing efforts to address cyber-based threats and protect retail investors. They created a Cyber Unit that will focus on targeting cyber-related misconduct and they established of a retail strategy task force.
There has long been an argument regarding how a trader should view gold: A precious metal, a currency, a hedge against inflation, a store of value in a world of fiat money or the ultimate risk asset.
Gold is a store of value. All my friends say so.
On Jan. 3, 2009, a wonder of technology was released into the internet wild. At that time, an anonymous contributor, named Satoshi Nakamoto, launched the bitcoin protocol upon the planet. Bitcoin was the result of a system outlined in a Whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
This is the time,
This is the place,
So we look for the future,
But… Tell me why, this is the Land of Confusion.
-Land of Confusion, Genesis, 1986
With the unprecedented growth in volume and volatility of cryptocurrencies in general and bitcoin in particular— and perhaps more importantly the business media buzz — it was only a matter of time before a prominent exchange player would step to list derivatives on bitcoin.
The most challenging topic for any bitcoin adopter is to justify bitcoin to an audience of non-believers or cynics who do not understand the language or the technology.
Many people are asking whether bitcoin is a legitimate proxy for gold as a hedge against fiat currencies and geopolitical risk. Bitcoin is competing with gold as an investment to offset the risk of currency devaluation and geopolitical risk, but for the stupidest of reasons. It shouldn’t be.
We brought together an eclectic group of bitcoin specialists: Gavin Smith, Cameron & Tyler Wilnklevoss, Liza Aizupiete, Dominic Marella and Chris Tanger, who operate bitcoin exchanges, offer service in the space and trade cryptocurrencies, to discuss how it works and how it is traded.
Last month we discussed the differences between systematic and discretionary trading strategies comparing broad index categories. Here we look at styles through global macro indexes.
Chart patterns look at the big picture to identify signs of future price movements. Using price history, most technical analysts and traders derive valuable information and probabilities for success and failure in the decision to buy, sell or hold an underlying asset.
WestRock Co. WRK is a merchandising and display company that is up 16% year-to-date and 27% over the last one year period. It sports a dividend yield of 2.7%. Earnings have been marginally lower in three of the last four quarters.
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The Electronics–Miscellaneous Components sector is a largely small cap industry. It holds 35 companies. This large number of firms makes the niche a lively, diverse and complex environment.
To better understand products in it, electrical engineers classify components as active, passive or electromechanical.
There’s a longstanding idiom in trading, “Buy the rumor and sell the fact.” The information age has amplified this tendency because we have more information, not necessarily better information. Individuals being what we are, repeatedly fail in our attempts to filter this information accurately.
Tell me if this sounds familiar; you’re at a party and when you tell someone you’re a trader, they ask you how that’s different from being a professional gambler? Now after a certain amount of well-justified outrage, it’s easy to understand why some might think the line between the two is m
The past two decades have engendered astonishing progress in trading technology and communications. The ability to trade currencies on our smart devices from nearly anywhere in the world has opened doors to both profit and risk for retail traders. The opportunity to trade transcends borders and is itself revolutionary.
JPMorgan CEO Jamie Dimon is at it again, calling bitcoin worthless and predicting its spectacular collapse. As a hedge-fund manager focused on the new asset class of bitcoin and other digital currencies, I couldn’t disagree more.
Federal Reserve consternation about below-target inflation has grown to the point that Chair Janet Yellen calls it a mystery, but for now the policymaking Federal Open Market Committee (FOMC) remains on course for further gradual short-term interest rate hikes.
RXR Capital Management was founded in 1983 by Mark Rosenberg as one of the original cutting edge systematic diversified trend following commodity trading advisors of the day. It was the beginning of a long and profitable run that appeared to be ending last year, but has been resurrected as Ridgedale Advisors.
In 2008, a bank liquidity crisis was touched off by toxic mortgage products. Unqualified borrowers were securing mortgages that were later bundled and securitized. That and the low interest rates led real estate prices to skyrocket. When that bubble burst there was a run on the banks. Many homeowner mortgages were under water and they simply walked away from their homes.
Towards the end of the summer, gold hit its highest level in more than a year, as concerns around everything from interest rate increases to a stronger dollar encouraged investors to protect themselves. Oddly enough, however, recent geopolitical tensions have largely been ignored and have not set off a similar retreat to safer investments.
One of the biggest mistakes for traders is to assign current equity market moves to whatever is leading the news cycle. You hear the irresponsible reports in the morning tying whatever nonsense is happening in Washington to whatever the market may be doing early in the session. Every 50 basis point move in the stock market is measured against the day’s headlines.
Atlantic Hurricanes, Mexican earthquakes, North Korean missiles, OPEC cuts production and adheres to it; all with the heating season on the way. It seems that there are multiple reasons—any one of which would do — to expect a major upward spike in crude oil prices.
The Ultimate Oscillator is a momentum oscillator developed by Larry Williams in 1976 designed to capture momentum across three different time frames. This indicator is unique in that it combines three time periods: Short-, intermediate- and long-term into one oscillator.
There are 40 quarterly contracts available for trading three-month Eurodollar interest rates futures. Currently, you can trade front month September 2017 Eurodollars out quarterly to the September 2027 contract. For each contract the price is listed as 100 less a quarterly interest rate. For example, on Sept.
December consistently ranks as one of the best performing months for major stock indexes. It is the second best performing month for the Dow Jones Industrial Average and Nasdaq Composite and best performing month for the S&P 500 (see “Vital statistics”).
Since 1981, Tastings.com has been conducting highly-organized, expert blind tastings at their Chicago-based tasting suite. They conceal the branding, remove the price variable, and taste every beverage blind in a bias-free environment, producing objective spirits reviews with special focus on value-oriented and unique products.