Search results

To punish the speculators even though Ben will bail them out later. Sky is not falling, dollars are!!!!

Ben is waiting in the wings, he won't let th e Dow fall more than 250 points in a day. He's got plenty of ammo at his disposal obviously. LOL

The big banks missed earnings estimates, its time for a 50 bp bazooka cut!!

The tech stocks are getting in on the sell off despite GOOG's "beat". The earnings charades set up by Wall Street haven't suckered in buyers here, I think Goldman and the gang thought they could spruce up the market with GOOG $800 price targets and other such nonsense. I guess if Goldman...

Guys there is only one security that will provide crash protection here: FXI

Helicopter must have some serious input on those CPI number that keep coming out with 2% annual inflation. In which world? The world where people don't eat, don't drive, don't get an education, don't ever go to the hospital?

I think we selloff today because of the Crash fears. Plus the market made a top last Thursday which was quite convincing and confirmed by this week's price action

Haha. I think people are selling because this is the 20th anniversary of the crash. It makes no sense, but I think that's why the futures are down, who wants to hold overnight heading into the weekend with memories of the crash exactly 20 years prior?

$4-6 round turn for that kind of volume depending on the futures contract. If you trade more frequently, between $3-4 round turn.

Reminiscences of a Stock Operator by Edwin Lefevre.

Wall Street is so full of $hit. All these earnings come in and almost every company beats consensus estimates, usually by a couple pennies or about 5%. The game is so rigged and predictable that if the company happens to meet consensus but not beat it, it gets punished. But that's rarely the...

You know, when stocks go up, that's supposedly a "good" thing, and when oil goes up, that's supposedly a "bad" thing. The media likes to root for the good thing and roots against the bad thing.

The ES contract is 50 x index value. So ~$77,500/contract. Initial margin of about $3900. So you are getting about 20 to 1 margin currently.

Ho-hum, another down day for the index, now down 9.6% in 2 weeks. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 3,725.00$3,725.00 CHNR 4:00PM ET 37.25 Up 1.51 100 44.13 -688.00Down $688.00 Down 15.59% - - 11.78 400 4,932.00$4,932.00 CSUN 4:00PM ET 12.33 Down 0.37 400 11.78...

Trading part time is going to be a headache, you either go all in with trading or stick to buy and hold investing. You can't trade part-time unless you have a very easy job with accomodating hours letting you trade disturbance free from 9:00 am et to 11:00 am et, the prime time of trading.

Forget the corporate world, go follow your dream if it is to be a retail trader. Sometimes you've got to take a risk to get a reward, having a safe steady job is one choice, but if you have some capital and think you can trade, go for it. Going to grad school is useless unless you want to...

Energy is such an essential requirement for mankind these days, especially in a compact energy dense form like oil that at these price levels, crude demand is almost inelastic. Crude has to get to $300-400/barrel before people start to cut back on demand IMO. It is that valuable to the...

1 barrel produces the following: 19.5 gallons of gasoline 9.2 gallons of distillate fuel oil (diesel fuel and home-heating oil) 4.1 gallons of kerosene-type jet fuel 2.3 gallons of residual fuel oil (used in industry and marine transportation and for election power generation) 1.9 gallons...

The turds made a slight recovery, but basically the index is unchanged from yesterday. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 3,574.00$3,574.00 CHNR Oct 17 35.74 Down 1.26 100 44.13 -839.00Down $839.00 Down 19.01% - - 11.78 400 5,080.00$5,080.00 CSUN Oct 17 12.70 Down...

I have a strong feeling that the mini coffee contract if and when it does start trading will have almost no volume or liquidity. The mini corn, wheat and soybeans have almost no volume or liquidity and those are bigger markets than coffee. I recommend you just buy or sell 1 regular coffee...