Like most things Short Selling can be made to seem very complicated when in fact it isn’t. Profits used to come from the value or worth of an asset going up in price. Investing or Going Long is the traditional buy and hold. If, however, you want to trade Volatility instead of just Value or …
Bank of China announced today that it was going to issue around 28 billion new shares in an effort to raise 8.9 billion dollars. 28 billion new shares will dilute the value of what present share holders have. In this case by about 10%. Trading in BoC shares was stopped until 5th July. Presumably to …
Well it’s always stupid to say this is it, we’re at the moment when it all falls over, because if the last two years have proved one thing, it is that our bankers and governments will do anything no matter how insane, to keep the game going a little while longer. But, that said, I …
Unemployment in the UK is about 2.5 million according to offical figures. Which are always rather conservative. That is a rate of around 7.6%. According to recently leaked figures, the Treasury estimates additional job losses over the next five years, due to austerity measures, to be around another 1.3 million. An increase of about 50%! …
European stock markets are heading down again, extending the already dramatic losses which continue to sythe round and round the world, day after day. One much noted response to these losses, from the Fed, was to publish a somewhat petulant article admonishing all right-thinking citizens not to pay any attention to the unauthorized, rabble rousing …
Back in ’08 our politicians thought they had time. They no longer do. Time is NOT on their side now. Wednesday evening the DOW fell like a stone in the final 15 minutes of trading until it touched down to the low we were at in ’09. This is after several previous days of very …
It is very important right now for the EU and the ECB to have the world’s markets believe that Europe’s banks are NOT, repeat NOT weak, in debt, or in any danger of not being able to fund their day to day operations. Very important. In the last few days doubts about the health of …
Instead of asking what is pushing markets lower, for a change let’s search for what might give them reason to rise? Governments and markets HAVE to find reasons or they are lost. So far the downward market moves have been just the erosion of optimism. Actual pessimism has not yet gathered its own momentum. But …
The Shanghai Composite fell 4.3% today. That’s a pumelling by any standards. This happend for two reasons, both bad. The Conference Board, which is the New York based research group which monitors the Chinese economy, revised downwards it’s figure for how much the Chinese economy is growing from the 1.7% growth it reported on June …
The ECB’s ‘sterilization auction’ failed today. A corner stone of the ECB’s attempt to bail-out every bank in Europe BUT NOT to actually print any new euros to do it with, has collapsed. The ECB plan was this. Buy up any and all debts, lend to any and all who can’t get funding from anyone …
