MarketBeat (WSJ Blog) – High-Frequency Trading: Bob Greifeld Explains It All High-frequency trading for years has been cited alternately as a critical component of stock markets and a secretive menace to more ordinary investors. But regulators, investors and even some exchange officials have struggled to explicitly define it. Enter Nasdaq Group CEO Bob Greifeld. Alongside… Continue reading Defining High Frequency Trading
Real Time Economics (WSJ Blog) – ADP Overhauls Jobs Report, Switches Partners A closely watched report often criticized for sending out misleading signals about the state of the labor market is undergoing a major overhaul. On Wednesday, payroll processing giant ADP announced that it was shifting from Macroeconomic Advisers to Moody’s Analytics as its partner… Continue reading Tweaking The ADP Report
Charts of the Week Topics Covered This Week Include: Election Update Stocks’ Effect On The Election And Vice Versa Earnings Season Update – 1 Earnings Season Update – 2 Lousy Revenue Growth Who Is QE3 Helping? The State Of The Economy – Rising ECRI Growth Rate The Citi Surprise Index A Look At The Fiscal… Continue reading Charts of the Week
Comment Yesterday Jim Bianco was the guest host on Bloomberg TV’s “Street Smart” show. In the segment above he discusses earnings and guidance. To view the interview, click on the image above. To view any of our recent interview click here. We last discussed earnings on October 19 and revenue on October 22. Below are… Continue reading Weak Earnings
Comment Yesterday Jim Bianco also discussed gold on Bloomberg TV’s “Street Smart” show. To view the interview, click on the image above. To view any of our recent interview click here. <Click on chart for larger image>
The Wall Street Journal – When Markets Trump Politics: Obama’s Odds Falling With The Stock Market Insta-polls suggest Barack Obama won last night’s presidential debate fairly comfortably. But this morning, with the stock market sliding as some of America’s bellwether companies report some pretty awful earnings numbers, the debate seems a distant memory, as the… Continue reading Stocks’ Effect On The Election And Vice-Versa
The Atlantic – Should Presidential Campaigns Spend More Money Manipulating Intrade? With two weeks before the election, most political followers are glued to national and swing-state polls. But some junkies and journalists swear by Intrade, an online betting market where investors place money on the next president (among other things). But this morning, something very… Continue reading Intrade Manipulation
<Click on chart for larger image> <Click on chart for larger image> <Click on chart for larger image> <Click on chart for larger image> <Click on chart for larger image>
The Wall Street Journal – Exchanges Retreat on Trading Tools The nation’s two largest stock exchanges are facing a backlash by mutual funds and securities regulators for offering trading tools that could harm institutional investors. Following recent complaints by large investment firms that a particular trading-order type is unfair to their clients, NYSE Euronext, owner… Continue reading Institutional Investors vs High Speed Traders
<Click on chart for larger image> Investorsinsight.com – The Perils of the Fiscal Cliff In the third quarter of 2011 the US Congress agreed to rather severe tax increases and spending cuts that would kick in as of January 2013, as a way to get a deal done to increase the debt ceiling. In addition,… Continue reading The Fiscal Cliff
h/t The Big Picture