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  1. K

    Day trading, where to start?

    I want to learn day trading, where should I start?
  2. K

    JS Global Macro Notes

    Cold feet all of the sudden ahead of Bernanke tomorrow! Dow down about 100, S&P down 10 at noon.
  3. K

    Either Draghi ir Bernanke, not both

    If you're in a house that is on fire, and the surrounding area is also on fire, air drops of water and buckets would save your life. If you're in the burning house and the surrounding area is put out, you can walk outside of the house and battle the flame from both inside and out. In my...
  4. K

    Hedge funds allowed to advertise

    http://professional.wsj.com/article/SB10000872396390444230504577615890470009600.html?mod=djemITP_h&mg=reno64-wsj I'm not sure if this will change anything that's going on in the market as far as inflows, maybe shift the same money to different places, but my thoughts are 'what ad agencies...
  5. K

    FB support at 50% of IPO price?

    The fact that the one guy renounced citizenship should have been a clue that the founders only did this (went public) to make money, not to mention how many institutional investors who are "professionals" got suckered into that deal. Those guys will dump every single share they've got ASAP...
  6. K

    FB support at 50% of IPO price?

    Think about it from the Wall Street point of view. Morgan Stanley is an investment bank, one of if not the best in the world, and has been since it was spun off from JP Morgan in the 30's. Their job was to sell the stock to the public of probably the most widely used thing on the internet...
  7. K

    Euro-solution = capital flight from safe havens

    I agree with the "wait and see" statement, but I see so many moving parts and built up expectations by Mr. Market that I would more or less dismiss a resolution to these situations. With that sheer number of beaurocrats from so many different angles all hell bent on one thing or another in...
  8. K

    This is a manipulated bull market, how long can it last?

    In the next few months, we have about a thousand things that can happen in September, but regardless of what happens there Spain will need a soverign bailout by October, guaranteed. Their two or three largest "state" equivalent territories are flat broke. Go on WSJ and search for the headline...
  9. K

    Euro-solution = capital flight from safe havens

    What would happen if, say miraculously the PIIGS bonds were insured or widely perceived as safe as a result of some development? Would the correction in safe haven bonds and currencies not have a sort of backlash for those currencies and their respectively denominated markets? The yield...
  10. K

    Have you no shame Mr. President?

    Tax dollars at work. This is by no means a secret but also a reminder, both state and federal government budgets are based on how much they spent the year before. My father ran a carpet installation shop in Maryland close to DC, he'd get jobs to put flooring in state and federal buildings...
  11. K

    TUI Trading based in Lake Worth, FL

    Anybody heard of them? It seems sketchy, after googling all I can find is a Linkedin page with no comments on it, and that's it. Lake Worth is generally a shit hole, especially being a few miles south of West Palm and Palm Beach I have no idea why a "professional" prop trading firm would choose...
  12. K

    Storm Issac - likely to reach Category 5

    http://m.weather.com/mapcenter_local/USFL0512 Just another day in paradise.:cool:
  13. K

    JS Global Macro Notes

    Sorry. I haven't been able to go to school for a variety of reasons, and I'm a little bitter about it. I didn't know that 101 can only be taken if that's your major.
  14. K

    JS Global Macro Notes

    I don't appreciate the dripping sarcasm of "if you even get past econ 101". I'm uneducated, not yet learned. Not stupid, there's a difference.
  15. K

    JS Global Macro Notes

    Elasricity like an inelastic product being food vs. An elastic product being expensive clothing ergo Fossil and Coach earnings are in the shitter?
  16. K

    JS Global Macro Notes

    I've been unintentionally taking it from a sort of outside-in (time wise) approach if this makes any sense, meaning initially I did probably what everyone does and say "How did Buffet get so rich?" (before learning that he all but inherited GEICO) so I learned about value investing. I read...
  17. K

    JS Global Macro Notes

    Fair enough, I thought I'd give it my uneducated go.
  18. K

    JS Global Macro Notes

    Simple example, Ford has a 100 person factory, new technology allows them to replace 40 workers with machines and increase their profit margin 10%, as the savings aren't passed down to the consumer, they are kept as an increased margin, the raw material suppliers to Ford see this and raise their...
  19. K

    JS Global Macro Notes

    I agree here, but I meant monetary deflation, reduced money supply/ higher interest rates = stronger dollar with which consume more at cheaper prices as far as imports. Lower consumer prices, the robotic assembly lines and things like that increase profit margins because the savings are not...
  20. K

    JS Global Macro Notes

    I've read 'How Change Happens' by Mauldin before, I didn't rememver who wrote the article though. Brilliant stuff.
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