The New York Stock Exchange and NASDAQ are terminating stop-loss and good-til-canceled orders beginning Feb. 26, 2016. They are claiming risks occur from such orders during volatile trading. They are really admitting that there is a liquidity crisis. Additionally, going … →
The Department of Justice (DOJ) has announced that it’s suspending a hugely controversial program that allows local police departments to keep a large portion of assets seized from citizens under federal law and funnel it into their own coffers. This program has been … →
Asia finished a mixed session with gains in Shanghai (+0.25%) and Japan (+0.27%), countered with a small decline in the HSI (-0.53%). For Japan, today was the last trading day for 2015 and returned a yearly gain of just over … →
China has suspended FOREX business at three main foreign banks for the first quarter of 2016 in an effort to curb the outflow of capital into the rising dollar. This is an interesting attempt to curb the rise in the dollar … →
QUESTION: Marty, I believe that the traditional way of looking at even value no longer applies. Take the claimed doctrine in finance named the dividend discount model. They assume that the price of a common stock is the present value of … →
On Sunday, Swiss army chief André Blattmann warned directly to a Swiss newspaper that social unrest in Europe is rising. He warned that the increasing aggression in public discourse is becoming “dangerously aggressive” among Europeans. In general, tensions are rising and it presents … →
The mainstream media is not extensively reporting on the “experimental” bail-in that the EU imposed on Cyrus. The bail-in, that they swore would never be applied to Europe, will officially begin in January. This new power will be in the … →
The EU is using the Muslim invasion and Paris attack as a means to achieve its dream of federalizing Europe. They are now moving to create a European Army, answerable only to Brussels. This has been the agenda all along. … →
Despite the low volume, we saw a positive rally across Asian equities with all markets closing around 0.5% or higher. The PBOC set the yuan rate at 6.486, the lowest since mid-2011, but marginally weaker than yesterday. In Europe, markets … →
QUESTION: Dear Marty, You have put your numbers out there for all to see for year end. Can they manipulate the closing due to thin markets, then reverse them to try and make you look bad? Thank you. Best, TD ANSWER: … →
