6 October, 2016 by The TZ Newswire Staff Comments Off on Mutual Funds Weekly: Huge egos create mutual-fund superstars — and derail them
Mutual Funds Weekly: Huge egos create mutual-fund superstars — and derail them
Huge ego drives stock-picking superstars, but their overconfidence often derails them — and their shareholders.
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6 October, 2016 by The TZ Newswire Staff Comments Off on With a stronger yen likely on the cards, Citi cuts Japan stocks to ‘underweight’
With a stronger yen likely on the cards, Citi cuts Japan stocks to ‘underweight’
Japan’s yen may have finally stopped climbing, but Citi, expecting further strength ahead, cut the country’s equities to “underweight.”
6 October, 2016 by The TZ Newswire Staff Comments Off on The cable flash crash has the potential to be a mini-SNB moment for forex brokers
The cable flash crash has the potential to be a mini-SNB moment for forex brokers
777 pips in moments
This has the potential to be a mini-SNB with massive slippage on cable fills.
The one-minute chart from Bloomberg shows the whole event took place over 3 minutes so there was some back-and-forth there, unlike the SNB which was quicker.
6 October, 2016 by The TZ Newswire Staff Comments Off on 3 Reasons DJI’s Mavic Pro Drone Doesn’t Spell Doom for GoPro Karma
3 Reasons DJI’s Mavic Pro Drone Doesn’t Spell Doom for GoPro Karma
GoPro’s Karma drone has a number of advantages over the new Mavic Pro. Image source: GoPro Inc.
GoPro‘s (NASDAQ: GPRO) recently introduced Karma quadcopter won’t land on store shelves until Oct. 23. But thanks to a new competing drone from Chinese market leader DJI, many naysayers are already calling GoPro’s newest product a failure.
6 October, 2016 by The TZ Newswire Staff Comments Off on Cable Just Flash-Crashed 800 Pips – Most Since Brexit
Cable Just Flash-Crashed 800 Pips – Most Since Brexit
Having leaked lower all week, GBPUSD suddenly flash-crashed almost 8 big figures as Japanese markets woke up. The instantaneous collapse from 1.2620 to 1.1840 was triggered by no news…
For context…
6 October, 2016 by The TZ Newswire Staff Comments Off on The cable move could be some kind of fat finger
The cable move could be some kind of fat finger
It’s a quiet time in markets and London is asleep
It takes a lot of money to fat finger the FX market but if you were to do it, this would be around the time of day.
6 October, 2016 by The TZ Newswire Staff Comments Off on Top Military Aide Used Taxpayer Credit Card For "Improper Interactions" On "Hooker Hill"
Top Military Aide Used Taxpayer Credit Card For "Improper Interactions" On "Hooker Hill"
According to a recently completed Pentagon investigation, Major General Ron Lewis, former senior military aide to Defense Secretary Ash Carter, allegedly used his taxpayer provided credit card for “excessive drinking” binges and “improper interactions” with women in clubs from Rome to Seoul. As it turns out, the Major General knows how to party, sometimes spending nearly $2,000 in a single night...if the military thing doesn’t work out it sounds like Lewis would fit in very well on Wall Street.