Are equity markets waiting for Godot? One good compromise out of Washington and we lift higher? Zacks’ Kevin Cook doesn’t think so. He’s now turned into “sell the rallies” mode. While he remains a bull long term, he advises that investors take caution. Watch the video as he gives you his market timing expertise on why the odds of a bigger correction have increased and his stock market forecast for October 2013.
U.S. securities regulators announced they have awarded an insane $14 million whistleblower incentive to a whistleblower who helped with an investigation.
On today’s “Insight & Action,” Adam Johnson shows you why you why investors shouldn’t worry about a government shutdown as he looks at past shutdowns and shows how the stock market has gone up during that time on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
The Bottom Line panel looks at where Canada’s economy is going and what that means for you including a look at employment and housing.
Computer Glitch Halts NASDAQ Options Trading: Yet another look at how dangerous and fragile the stock market really is.
Bloomberg “Market Makers” anchor Erik Schatzker digs deeper into the options malfunction at Goldman Sachs Group that could bring a loss of $100 million to the firm and relates it to some of the most recent trading errors in the industry.
Preet Bharara charges two JPMorgan traders of conspiracy and fraud saying ‘companies themselves need to pay closer attention to the cultures that they create.’
A look at the 10 year treasury yield and why its the most important indicator for stock market performance, and the amount of leverage used by hedge funds.
Who’s Afraid of New Highs? Kevin Cook certainly isn’t. Watch the video as he gives you his trade of the week and some great charts that stood out this week.