wall street, brokerage houses, financial services, stock exchanges, stock market
Unless they issue another press release extending their ban on short-selling, then the markets should be allowed, once again, to short the stocks of financial companies. Based on the SEC website they state: “On Friday, October 3, 2008, the President signed the historic Emergency Economic Stabilization Act of 2008 (H.R. [...]
In an effort to further show my disdain for the SEC and what they are doing to screw up Wall Street and what should be a free market, I’m going to write another post on the unintended consequences of banning short selling. I believe that Monday’s drop, which saw the [...]
I’m convinced that every day that Congress is in session, we lose more of our precious freedoms. To be completely honest, I know that there are a lot of people suffering out there financially and that these are perilous times, however, I’m almost glad the markets did not go up [...]
I can’t tell you how much I have to bite my tongue in what I really wanted to say about the SEC and their decision to extend the ban on short selling of financials. This is their way of manipulating and artificially fixing saving the financials, which is drastically wrong [...]
If you have remotely paid attention at all in the past year to the stock market, you will know that Uncle Sam has done everything in his power to turn this market around. Let’s look at a list of actions taken this year alone to provide Wall Street and everyone [...]
For those interested in what stocks can be shorted by us traders here they are. The list has been out for a while, but though I'd add it nonetheless for your convenience (The formatting isn't the greatest since it was pulled off of the SEC pdf). Here's the Lists of [...]
Thought it might be humorous and important to point out that Wall Street, prior to Monday’s open, decided to downgrade Freddie Mac (FRE) and Fannie Mae (FNM), AFTER everyone knew about the Fed’s intention to take over the two screwed up companies. Must have been pretty hard to issue the [...]
May 24, 2008 Without a doubt the question on the minds of the general population and Corporate America is, “can oil continue to go up forever?” As of this writing, oil is over $130/barrel and the consumer has never quite felt this much pain at the pump outside of the [...]
