This should be interesting – (Reuters) – U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street…Details
Who would have thunk it
There has been much chatter on our mentor forum lately regarding the breakout in the price of gold. I have mentioned several times that I had been long gold and short equity indices via our advisory service. I am now neutral with only one remaining short position in the market which is a carry over…Details
I do love a good philosophical debate…………….
In 1954, in eastern Oklahoma, two tribes of children nearly killed each other. The neighboring tribes were unaware of each other’s existence. Separately, they lived among nature, played games, constructed shelters, prepared food – they knew peace. Each culture developed its own norms and rules of conduct. Each culture arrived at novel solutions to survival-critical…Details
This is taken from The Atlantic – it shows the runaway levels of debt among US students.