In Out Ticker L/SS Q PP Net MP Net G/L % 8/11 tlt L 99 100.79 10,000 107.38 10,654 654 6.54% 8/12 gdx L 199 50.17 10,000 51.73 10,311 311 3.11% 8/24 dxd L 351 28.52 10,000 28.51 9,996 -4 -0.04% 8/24 tmf L 188 53.11 10,000 53.68 10,107 107 1.07% 8/25 mwiv L 185 54.06 10,000 54.27 10,039 39 0.39% 50,000 51,107 1107 8/6 isil SS 898 11.14 10,000 10.30 9,246 754 7.54% 8/6 em SS 868 11.52 10,000 10.80 9,375 625 6.25% 8/19 dbrn SS 450 22.21 10,000 21.43 9,649 351 3.51% 8/19 hk SS 631 15.86 10,000 14.76 9,306 694 6.94% 8/19 atls SS 353 28.31 10,000 26.80 9,467 533 5.33% 50,000 ... »
Economy
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that’s why it’s so essential to preserving individual freedom. ~ Milton Friedman
TheVoice on: 9 Takeaways from Nouriel Roubini
Nouriel Roubini is a professor of economics at the Stern School of Business at NYU and the chairman of Roubini Global Economics. Mr. Roubini received a doctorate in international economics at Harvard University. In 2005 he was quoted as saying “home prices are riding a speculative wave that would soon sink the economy”. Many... »
U.S Consumer…Not Goldman Sachs…The Real Great American Bubble
“Don’t purchase items you cant afford and save for a rainy day”. If the American consumer followed that simple saying Goldman or any other investment bank would not have been in a position to gain from last years economic collapse nor any other time in history. It’s much easier to point the finger at... »
Newfound power in Twitter
Those of you who use Twitter, Facebook, and the array of social networking sites out there for entertainment purposes have yet to realize Twitters full potential. Your average user utilizes Twitter as a posting mechanism. Due to the post-election political unrest taking place in Iran we have been exposed to the true power of Twitter. It... »
What can be worse than changing accounting rules…the Fed, welcome economic crisis
Aside from the SEC changing accounting rules for banks, the (developing/continuing) economic crisis can be greatly attributed to the FED. Can this not be agreed upon? And while my mind has not been made as to weather there is an actual need for a FED, why can we, the American people, not see,... »
Voicedup dishes out on: Blockbuster, Banking sector, Citigroup
Blockbusters focus has shifted to 2010. What is on analysts minds is the credit facility that expires on September 2010. Date is not that far away and concern is the terms by JPMorgan are extremely unfavorable and the cost cutting may not be enough to prolong Blockbusters existence past 2010. Banking sectors recent run-up. The... »
Swine flu effects on global market
The World Health Organization does not believe that we can contain the new strain of swine flu. This disease certainly has the potential to move markets across the globe. The public can mitigate this effect by proactively doing what is necessary to avoid contact with places in Mexico, Canada and Spain that have confirmed... »
Voicedup dishes out on: Yahoo, Taxes, BYD
Yahoo and Samsung have teamed up allowing Samsung televisions to stream Yahoos connected TV platform. By the end of this year LG, Vizio and Sony will have released new sets including Yahoo TV. Yahoos target audience just got a lot bigger. A NY health official has called for a heavy tax on sports drinks, this... »
A year later followed by a 50% drop in the DOW, SEC to limit short sales
The SEC released five different proposals for reinstating the uptick rule. A rule that was in place for 70 years and worked was removed in 2007. The rule allowed short sales only if a preceding sale in a stock was followed by an uptick, this refrained short sellers from overwhelming a particular stock. The SEC... »
Mark-To-Market, the cause of the economic collapse
To most people, it’s an arcane accounting rule. But to bankers, it’s the whole ballgame: “mark to market” pricing is the practice of requiring banks to value their assets based on their current market value. Not what banks paid for those assets yesterday. Not what they could get for them in, say, a year... »
FASB eases mark-to-market accounting
The FASB agreed to give banks more flexibility in applying mark-to-market accounting to their toxic assets. Action came after Congressional pressure to help banks that have been forced to record billions of dollars in lower values for distressed assets because of frozen markets. Some investors opposed the change, saying it would let big banks conceal the... »
