I don’t know what it takes to get people’s attention these days. Peel your eyes away from the latest episode of Glee and drop the spork you’re using to shovel artificial mashed potatoes into your face for just one moment.
Is everyone following? OK, read this, please:
The founder of Tradebot, in Kansas City, Mo., told students in 2008 that his firm typically held stocks for 11 seconds. Tradebot, one of the biggest high-frequency traders around, had not had a losing day in four years, he said.
That gem appeared in a New York Timesarticle about high frequency trading. The article came out on May 16th and no one is talking about it. Nobody seems to think that the invention of a machine that has made its owner a profit EVERY SINGLE TRADING DAY FOR FOUR YEARS is such a big deal.
Have you all Green Mountain Coffee’d yourselves into a zombie trance? Well?
An automatic money machine. Seriously. Plug it in, maintain the gears and software and voila! Money.
There isn’t any stock research or economic musing going on. According to the article, the automatic money machine’s operators don’t even know what the stocks are that it’s trading. Again – the machine almost can’t lose money because it’s holding stocks for an average of 11 seconds.…
I agree with Tom Lindmark. Theoretically, upping the retirement age makes great sense. Practically, however, this would result in greater numbers of older people competing for jobs with younger people. Because the job market has been downsized and doesn’t appear to be getting stronger any time soon, this places a burden on people in all age groups.
Americans, as well as citizens of many other advanced nations, now spend about twice as many years in retirement as they did a generation or two ago. During that time, they expect the government to provide them with income support and healthcare. Is it any wonder that we face serious fiscal problems?
I hope the president’s fiscal commission makes raising the age of eligibility for these programs one of its main recommendations.
It all makes perfect sense when viewed in isolation but raises the question as to how those who find their retirements deferred are supposed to provide for their well-being.…
“Positive anything is better than negative nothing.”
– Elbert Hubbard
“Once you replace negative thoughts with positive ones, you’ll start having positive results.”
– Willie Nelson
If you have any doubt that we’ve wandered into a new and unexplored economic universe, consider this number: $12.6 trillion. That’s the face value of government and corporate bonds currently trading worldwide with nominal yields below zero.
Note that word trading. These bonds are in fact trading. Liquidity has not dried up. A...
By Goldco Precious Metals. Originally published at ValueWalk.
Expanding government payrolls have turned the suburbs of Washington, D.C. into some of the most affluent communities in the United States. Under the circumstances, it must have been difficult, these past dozen years or so, for residents to make their way through the city as they headed to a concert or a fine dining spot.
The US Dollar/Yen is facing a trio of potential support lines at this time with few people bullish the US$/Yen at Stocktwits. What happens at this potential support zone, could well impact the Risk On trade from now until year end.
CLICK ON CHART TO ENLARGE
The trend in the US$/Yen remains down for the past few months, as the YEN has been stronger than the US$. The US$/YEN remains inside of a steep falling channel over the past 10-months.
The bottom of this steep falling channel and two ot...
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Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer. One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."
Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.
Genetic components are the DNA sequences that are 'inherited.' Some of these genes are stronger than others in their expression (e.g., eye color). Yet, some genes turn on or off due to external factors (environmental), and it is und...
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.
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