Posted in Business, Trading, Commodities, Futures, Markets, Europe Companies, Brokers on January 26th, 2007 No Comments »
In recent articles I’ve discussed the two primary options for trading the price of oil directly. One is oil futures, and the other the oil ETF (exchange traded fund, symbol USO). I recently became aware of another option, which is as close as a private investor can get to trading spot oil, to […]
Posted in Business, Trading, Forex, Dollar, British Pound Sterling on January 23rd, 2007 No Comments »
One pound gets two dollars? Almost. Just before 8AM EST this morning the British pound reached 1.9917 dollars. This makes it the highest it’s seen since 1992, and is very close ( about 200 pips or two pennies away) to a 26 year high from back in 1982! Numbers have been strong out of the […]
Posted in Business, Commodities, Stocks, Equities, Fundamental Analysis, Markets on January 15th, 2007 1 Comment »
If you read my article on trading oil futures, you know that trading oil can be very expensive if you’re on the wrong side of the trade in terms of the carry charge. Another option worth exploring is the oil ETF, short for exchange traded fund. For a general explanation of the term […]
Posted in Business, United States Companies, Markets on January 10th, 2007 No Comments »
A friend sent me over an article. If you work on Wall Street, have aspirations to work on Wall Street, or even if you just work, you should read it.
Posted in Business, Trading, Commodities, Stocks on January 9th, 2007 2 Comments »
I’m going to get a bit technical here, so please pardon me.
However it’s well worth it if you’ve ever invested in an instrument related to the price of oil, or if you look to in the future. There are far too many ways to invest in oil, and some of them are not […]
Posted in Equities, Markets, Europe Companies, Hedge Funds on January 8th, 2007 No Comments »
I read an article recently in the Wall Street Journal about a guy who shook the sports betting market when his picks were released. This article mentions the size of the sports betting volume rivaling the GDP of New Zealand. It’s no wonder why the United States would want to keep this money […]
Posted in Forex, Lending, Personal Finance, Mortgage on January 3rd, 2007 No Comments »
You know a market is big when something as widely used as mortgages are playing it too. HSBC has a mortgage that lets you pay in different currencies. It looks like it’s only for UK residents currently, as there is probably much more demand than the United States or mainland Europe.
One interesting aspect […]
Posted in Business, Trading, Forex, Trading Psychology, Fundamental Analysis on January 2nd, 2007 No Comments »
Everyone talks about the smart money and the dumb money. These terms tend to be a bit silly if only because they require circular definitions. Smart money is “smart” because it makes money, but if it stops making money, it becomes dumb money. The terms, however, imply that those making money rarely […]