Art Cashin has been a floor trader on the NYSE for over 40 years. This is a guy that I always listen to. Here is an interesting video that CNBC put out this morning: http://video.cnbc.com/gallery/?video=3000078680
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What Happened to Netflix?
October 19, 2011 in General Information
As of this writing, Netflix is quickly approaching $100 per share. Just 3 short months ago, Netflix was riding momentum and reached its all- time high at $304.79. What happened? In November of 2008, you could have bought Netflix shares at a price of about $19. Over the next 2 years, it climbed to that $300 high of a few months ago. The reason for the climb was the company was breaking new ground. It was a company that found a different way to do business and there were essentially […]
Markets Going to Remain Volatile
September 7, 2011 in General Information, Weekly Podcast
Even though the market seems to be locking in higher highs and higher lows there is a lot of bearish talk amongst the hedge fund managers and floor traders. Most aren’t buying in to this rally. If you trade make them short term. By Carl Anderson