The key points:
- He’s sorry.
by ilene - July 30th, 2010 4:57 pm
Sure to improve Goldman Sachs’ sh*tty image. – Ilene
Courtesy of Jr. Deputy Accountant
I need IMMEDIATE clarity on this new Goldman rat policy, preferably from a real Goldman rat, as there are just too many questionable words out there for any reasonable Goldman rat to keep up with. Is asshat allowed? How about bonehead? Or **-burping **** slut? I need to know. Like now.
There will never be another s— deal at Goldman Sachs Group Inc.
The New York company is telling employees that they will no longer be able to get away with profanity in electronic messages. That means all 34,000 traders, investment bankers and other Goldman employees must restrain themselves from using a vast vocabulary of oft-used dirty words on Wall Street, including the six-letter expletive that came back to haunt the company at a Senate hearing in April.
OK so obviously "shitty" is out but what about all the almost-profanity out there? What about cocksucker, where does cocksucker stand? That’s not technically a swear word.
That’s one c*cksucking CDO. Yeah OK maybe it is a swear word. Whatever, they can call it the Unicorn and Rainbow Deal and it’s still shitty if you ask me.
by ilene - February 19th, 2010 12:03 pm
Good for Tiger, and maybe even Buddhism. Sometimes it takes a life-changing disaster to find a healthier course. We hope Buddhism will help Tiger achieve the hole in one he’s looking for so he can keep his putter in his bag. – Ilene
Tiger Woods just announced plans to focus more on Buddhism to help him get his life together.
This will no doubt disappoint Brit Hume, who infamously suggested Tiger use Christianity to get over his sex addiction.
Tiger says he’s heading back to rehab, and he’ll use the religion to find his center.
August 4th, 2015 3:46 am
Courtesy of Mish.
Every month, 3D printing possibilities get increasingly elaborate.
For example (with thanks to reader Tim Wallace for the links): The Goal of MX3D is to 3D print a steel bridge. Really.
With our robots that can “draw” steel structures in 3D, we will print a bridge over water in the center of Amsterdam. We research and develop groundbreaking, cost-effective robotic technology with which we can 3D print beautiful, functional objects in almost any form. The ultimate test? Printing an intricate, ornate metal bridge for a special location to show what our robots and software, engineers, craftsmen and designers can do.
The bridge will be designed by Joris Laarman. That process using new Autodesk software will be a research project in itself. It will sync with the tech...
August 4th, 2015 3:44 am
Financial Markets and Economy
Oil has fallen to a six-month low, and hopes of a quick rebound are fading as demand heads into an autumn swoon.
It is getting ugly in Canada (Business Insider)
“It’s an election about who will protect our economy in a period of ongoing global instability,” Stephen Harper, Prime Minister of Canada, announced on Sunday as he officially kicked off the campaign for the federal elections on October 19. He’d just asked Governor Gen...
August 4th, 2015 3:06 am
By Mani. Originally published at ValueWalk.
The central banks of Australia, India and Thailand won’t change interest rates this week, though India and Australia could announce further cuts in rates in September and November respectively, suggests Morgan Stanley (NYSE:MS). In their “Asia / Pacific Weekly Preview” research note, analyst Derrick Y. Kam and his team explain that they anticipate Indonesia will report a deceleration in growth.Australia could prune interest rates to 1.75% in November
Kam and colleagues expect the Reserve Bank of Australia to leave the cash rate at 2% at this week’s meeting, though the centr...
August 4th, 2015 1:31 am
Courtesy of Read the Ticker.Please review a collection of WWW browsing results.
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Comment: Alasdair Macleod views on Greece and China. Excellent! youtu.be/62lucEzzZMk
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Comment: POST GREECE 'NO' vote some bonds are being re priced for true risk. Massive ouch!
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August 3rd, 2015 10:50 pm
Submitted by Tyler Durden.
It took two decades for Russia and China to understand that “pro-democracy” and “human rights” organizations operating within their countries were subversive organizations funded by the US Department of State and a collection of private American foundations organized by Washington. The real purpose of these non-governmental organizations (NGOs) is to advance Washington’s hegemony by destabilizing the two countries capable of resisting US hegemony.
Washington’s Fifth Columns pulled off &ld...
August 3rd, 2015 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
August 3rd, 2015 12:36 pm
Reminder: OpTrader is available to chat with Members, comments are found below each post.
This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).
We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options.
Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.
To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...
August 3rd, 2015 10:12 am
Courtesy of Chris Kimble.
CLICK ON CHART TO ENLARGE
This chart looks at the yield on the 30-year bond. Yields rallied strongly from the first of February to the first of July (up 30%). This strong rally in yields hit dual resistance at (1) above, which was the 38% retracement level and the bottom of a rising channel, which both came into play as resistance. Once yields hit resistance a month ago, yields have been falling and bond prices moving higher.
Now yields are attempting to break steep rising support at (2) above.
Below is a very cool chart of the Personal Consumption Expenditure index on a year over year basis, shared by ...
August 3rd, 2015 12:00 am
Courtesy of Benzinga.Related LUV Thursday's Calls Of Note: Wall Street Research On Airlines, Steel, Semis & More Benzinga's Top Upgrades U.S. airline profit at record level (Seeking Alpha) Related GPRO The Wall Street Res...
July 27th, 2015 7:42 pm
Reminder: Sabrient is available to chat with Members, comments are found below each post.
Courtesy of Sabrient Systems and Gradient Analytics
In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based SectorCast rankings of the ten U.S. business sectors, and then offer up some actionable trading ideas, including a sector rotation strategy using ETFs and an enhanced version using top-ranked stocks from the top-ranked sectors.
Corporate earnings reports have been mixed at best, interspersed with the occasional spectacular report -- primarily from mega-caps like Google (GOOGL), Facebook (FB), or Amazon (AMZN). Some of the bul...
July 24th, 2015 2:16 pm
Gold is jumping after the overnight double flash-crash...testing back towards $1100...
Bitcoin is back up to pre-"Greece is Fixed" levels...
Charts: Bloomberg and Bitcoinwisdom...
June 10th, 2015 10:48 pm
Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.
Baxter Int. (BAX) is splitting off its BioSciences division into a new company called Baxalta. Shares of Baxalta will be given as a tax-free dividend, in the ratio of one to one, to BAX holders on record on June 17, 2015. That means, if you want to receive the Baxalta dividend, you need to buy the stock this week (on or before June 12).The Baxalta Spinoff
By Ilene with Trevor of Lowenthal Capital Partners and Paul Price
In its recent filing with the SEC, Baxter provides:
“This information statement is being ...
May 3rd, 2015 5:11 pm
Courtesy of Jean-Luc Saillard
Back in December, I wrote a post on my blog where I compared the performances of various ETFs related to the oil industry. I was looking for the best possible proxy to match the moves of oil prices if you didn't want to play with futures. At the time, I concluded that for medium term trades, USO and the leveraged ETFs UCO and SCO were the most promising. Longer term, broader ETFs like OIH and XLE might make better investment if oil prices do recover to more profitable prices since ETF linked to futures like USO, UCO and SCO do suffer from decay. It also seemed that DIG and DUG could be promising if OIH could recover as it should with the price of oil, but that they don't make a good proxy for the price of oil itself.
March 28th, 2015 7:45 am
Kim Parlee interviews Phil on Money Talk. Be sure to watch the replays if you missed the show live on Wednesday night (it was recorded on Monday). As usual, Phil provides an excellent program packed with macro analysis, important lessons and trading ideas. ~ Ilene
The replay is now available on BNN's website. For the three part series, click on the links below.Part 1 is here (discussing the macro outlook for the markets) Part 2 is here. (discussing our main trading strategies) Part 3 is here. (reviewing our pick of th...
May 22nd, 2014 5:03 pm
"Hello PSW Members –
This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible. Feel free to contact me directly at firstname.lastname@example.org with any questions.
Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts. After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.) Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.
Thank you for you time!
Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...