Markets News Stocks 

Why does the Dow always seem to fall short at the end of the day?

“Dear John: I have a question that has been bugging me for years about the US stock market, ever since the mid-1980s” writes John Crudele for nypost.com. So it’s not so hard to imagine that these waves of stock trading would look coordinated, since a lot of these computers could be programmed to be looking at the same event. Source: nypost.com Share This:

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Numeraire – Get Rewarded to Predict Stock Market Using Artificial Intelligence

“Hedge fund Numerai is rewarding Data Scientists to predict the stock market by making them build learning models that can make predictions on the stock market data” writes I Am A for blockchaind.net. Numerai is a new kind of Hedge fund that allows Data Scientists to use Numerai’s stock market data and build learning models on top of it.Then the data scientist can submit predictions to the network and get rewarded with more Numeraire.This makes Data Scientists to build Learning models that performs better on the live data rather than…

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Marc Faber warns the bull run will turn ‘extremely’ bearish, with stocks plummeting 40% or more

“Marc Faber, the editor of “The Gloom, Boom & Doom Report’ and a perennial bear, isn’t backing down from his latest dire prediction that would send stocks plummeting by 40 percent or more” writes unknown author for cnbc.com. The Nasdaq is being driven by very few stocks,” said Faber on Friday’s “Trading Nation.”. He used the meteoric rise of FANG stocks, which reflects Facebook, Apple, Netflix and Google (Alphabet), as a glaring bearish signal.”Either people with money will be taxed heavily … or we’ll have a massive deflation in asset…

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Israeli Competitor Is a First for Nascar’s Cup Series

“Nascar had taken over a stock car racing series in Europe in 2012 and was looking for talented young drivers there” writes Dave Caldwell for nytimes.com. He returned to race stock cars in Europe, and on June 11, he won the American SpeedFest at Brands Hatch Circuit in England.But Day enjoyed the simpler challenge of driving a stock car. Source: nytimes.com Share This:

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7 times Warren Buffett didn’t follow his own investing advice

“Warren Buffett began his investing career early, buying his first stock before he was a teenager” writes Morgan Quinn for businessinsider.com. However, even Warren Buffett’s stock portfolio can contain a few clunkers. If you want to get rich, read on to see seven of Buffett’s core investing rules — and what happened when he broke them. Source: businessinsider.com Share This:

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Is this the simple reason stock picking on Wall Street is dying?

“Much has been made about the death of stock picking, in the advent of exchange-traded and passive funds that track popular equity benchmarks” writes Mark Decambre for marketwatch.com. The conclusion is that this multidecade decline has made it all the more challenging for active stock pickers, including hedge-fund highfliers, to produce so-called alpha, or returns above a benchmark.MarketWatch’s Ryan Vlastelica has chronicled the Ice Age that stock pickers are suffering through as exchange-trade products, including ETFs, have blossomed.Last year, active funds saw outflows of $285.2 billion, while passive funds attracted…

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GBP Markets News Stocks 

The day after Brexit: Remembering a chaotic day in the markets one year ago

“Markets around the world crashed, investors flooded into safe havens like gold, and panic spread” writes Will Martin for businessinsider.com.au. Business Insider took a look back at one of the wildest days in recent markets history. The link is the interconnection between gold and wider financial markets.” Get the latest Gold price here. Source: businessinsider.com.au Share This:

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U.S. indexes inch higher as energy stocks claw back some steep losses

“More than twice as many stocks rose than fell on the New York Stock Exchange” writes Associated Press for latimes.com. Energy stocks led the way, and those in the S&P 500 climbed 0.8% for the largest gain of the 11 sectors that make up the index.U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the week. Source: latimes.com Share This:

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Crypto Markets News Stocks 

Bitcoin speculators are the new day-traders

“To some market analysts, quiet, expensive stock markets are being overlooked by worrisome speculative activity in products such as bitcoin” writes Yuriko Nakao for cnbc.com. As the stock market becomes increasingly expensive for ordinary investors — Apple and Facebook shares cost about $150 each — trading has heated up in bitcoin and other digital currencies.”Rather than your average guy or gal buying tech stocks, they’re buying bitcoin or ether,” he said. I just don’t see it in the stock market.”. They’re playing all the markets that are less regulated, and…

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Markets News Stocks 

The head of stock deals at Goldman Sachs is retiring

“Stephen Pierce, the global head of equity capital markets at Goldman Sachs, is retiring after 31 years at the bank, according to Alex Barinka at Bloomberg” writes Matt Turner for businessinsider.com.     Goldman Sachs ranks third for equity capital markets revenues globally so far this year, according to Dealogic, with $506 million in fees. Source: businessinsider.com Share This:

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