March 8th, 2010 
Before You Invest March 9 marked the end of a 17-month drop for the Dow Jones Industrial Average and the Standard & Poor’s 500, though the Dow closed at 6,547 and the S&P at 676. Since then, the Dow has surged 61% and the S&P 68%, and both appear set for a rally. JPMorgan Chase equity strategist Thomas Lee said the stock market’s stalemate is expected to be “resolved to the upside.”
Posted in Finance Fraud 
Tags: Amp, Chase, Dow Jones, Dow Jones Industrial, Dow Jones Industrial Average, Rally, S 500, Stalemate, Stock Market, Strategist, Thomas Lee 
Comments Off March 4th, 2010 Before You Invest The US Justice Department has launched an investigation into several hedge funds over allegations they have been working together in an attempt to lower the value of the euro.
People close to the matter told the Wall Street Journal that the department has sent a letter to several funds, including well-known names such as Soros Fund Management and Paulson & Co, asking them to keep hold of their records relating to trading on the euro.
SAC Capital Advisers and Greenlight Capital have also received the communication from the Justice Department, it was reported.
Last week, an article by the paper stated that hedge fund members had met up at a so-called “ideas dinner” in which the falling value of the euro was discussed.
Following the meeting, a research note was leaked which summarized the comments made by one SAC portfolio manager who was in attendance.
“The presenter’s way to play this is to short the euro,” said the report of the comments.
“Basically the stock market right now is effectively trading on the euro … it’s one of the most liquid instruments you can trade.”
The unnamed man also predicted that the euro could end up trading at between $0.90 and $1.20 – below its current level of $1.36.
However, insiders told the Wall Street Journal that it may be difficult to prove whether such information sharing constitutes an act of collusion.
“Charges relating to collusion on Wall Street have been a rarity because of the difficulty of proving that firms intentionally sought to act together and acted nefariously,” said the paper.
The inquiry comes during a period in which the euro has fallen ten per cent in value since December.
Earlier this week, an unnamed strategist told the Financial Times that hedge funds were profiting from bets on European banks cutting their exposure to the Greek economy.
Posted in Finance Fraud Tags: Collusion, European Banks, Financial Times, Fund Members, Greek Economy, Greenlight Capital, Hedge Fund, Information Sharing, Insiders, Paulson, Portfolio Manager, Rarity, Sac Capital Advisers, Soros Fund Management, Stock Market, Strategist, Unnamed Man, Us Justice Department, Value Of The Euro, Wall Street Journal Comments Off January 30th, 2010 Before You Invest Thomas Peterffy, CEO at Interactive Brokers Group, said a tax on financial transactions could cause volume on the stock market to drop 90%. “The mother of all creators of havoc on Wall Street is this looming transaction tax,” Peterffy said. “Trading volumes would plunge by about 90%, markets would become illiquid and tens of thousands of people would lose their jobs.”
Posted in Finance Fraud Tags: Amp, Apps, Ceo, Creators, Financial Transactions, Havoc, Insider, Interactive Brokers Group, Jobs, Pid, Plunge, Sid, Stock Market, Tens Of Thousands, Thomas Peterffy, Transaction Tax, Wall Street Comments Off January 19th, 2010 Before You Invest Berkshire’s proposed stock split to purchase Burlington Northern could usher in a new era for the conglomerate—maybe even membership in the S&P 500
On Jan. 20, Berkshire Hathaway (BRKA) shareholders are expected to open up the company’s stock to a far less exclusive crowd of investors, a group who Chairman and Chief Executive Warren Buffett has long warned against.
By splitting Berkshire’s class B shares 50-for-1, the price of the conglomerate’s cheapest class of stock would fall from about $3,247 each to about $65.
Posted in Finance Fraud Tags: Admirers, Berkshire Hathaway, Billionaire, Billions Of Dollars, Bni, Brka, Burlington Northern, Conglomerate, Fine China, Index Funds, New Era, Real Game, Share Price, Shareholder Letter, Shareholders, Stock Index, Stock Market, Term Traders, Value Philosophy, Warren Buffett No Comments » December 13th, 2009 Before You Invest After resolving an ownership issue, the Chicago Board Options Exchange voted to transform into a shareholder-based company and developed its plan for a stock market listing next year. The move is expected to trigger a takeover battle for the CBOE. NYSE Euronext, IntercontinentalExchange and CME Group are among those expected to woo the CBOE.
December 4th, 2009 Before You Invest Lawmakers and regulators have been scrutinizing flash orders, but a bulk of the concern is with stock exchanges. The Securities and Exchange Commission might move to ban flash orders, but whether it will put similar restrictions on the options market is unclear. A ban on flash orders in the options markets could trigger upheaval, market participants said.
November 15th, 2009 Before You Invest The Smoot–Hawley Tariff Act of 1930 was an act signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels. The ensuing retaliatory tariffs by U.S. trading partners reduced American exports and imports by more than half and according to some views may have contributed to the severity of the Great Depression.
Posted in Finance Fraud Tags: American Exports, Catalyst, Congressmen, Exports And Imports, Global Trade, Great Depression, Hawley Tariff Act, Hawley Tariff Act Of 1930, Plunge, Retaliation, Retaliatory Tariffs, S Trading, Severity, Smoot Hawley Tariff, Smoot Hawley Tariff Act, Standstill, Stock Market, Tariff Act Of 1930, Three Months, Trading Partners No Comments » October 14th, 2009 Before You Invest Bernie Madoff, after a heated debate with a fellow inmate over whether the stock market has actually bottomed out, reportedly got into his first altercation since being sentenced to 150 years in a Butner, N.C., federal prison.
Inmates who witnessed the fight told The New York Post that Mr.
Posted in Finance Fraud Tags: Altercation, Bernie Madoff, Butner, Federal Inmates, Federal Prison Inmates, Fellow Inmate, Investment, Investors, Life Sentence, Mammoth, New York Post, Ponzi Scheme, Prison Survival, R Allen, Shock, Slammer, Solitary Confinement, Stanford, Stock Market, Survival Tips No Comments » September 11th, 2009 Before You Invest “The stock market is poised to complete the bear market rally from March,” says technical expert Steven Hochberg in The Elliott Wave Financial Forecast. Here’s his bearish call.
“On April 2, we forecast a rally that would carry the Dow to 9,000-10,000 and the S&P 500 to 1000.
Posted in Finance Fraud Tags: Backdrop, Bear Market, Conjunction, Deflation, Dow, Elliott Wave, Exit Point, Exit Ramp, Extremes, Fast Lane, Financial Forecast, Gold And Silver, Hochberg, Market Rally, Month Of The Year, Price Target, Respectable Place, Scorn, Stock Market, Technical Expert No Comments » August 30th, 2009 Before You Invest 
“The rally in the S&P since March has been one of the faster ever, rising 50% in five months, and rapidly carrying the S&P to the lower end of our general target zone of 1000-1100.
“At the same time, optimism has finally reached ‘Primary degree’ levels.
Posted in Finance Fraud Tags: 5 Months, Amp, Bear Market, Bime, Bulls, Cash Equivalents, Degree Levels, Dow, Elliott Wave Theorist, Fibonacci Retracement, Five Months, Market Assessment, Next Wave, Optimism, Primary Wave, Robert Prechter, S Market, Sentiment Index, Stock Market, Target Zone No Comments »
