The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
…
On his Mad Money show last week, Jim Cramer encouraged viewers to add short-term trading to their portfolios. But how can an investor determine with certainty when a stock has “flown too high” and when to buy it back?
…
How do you reinvent yourself when it seems you have lost everything? James Altucher, managing director of Formula Capital, has been through it before. Here, he tells how he created wealth, lost it, and created it again. He explains the critical lessons he learned, lessons that many of us should apply to our own lives.
Continue reading How to Reinvent Yourself, After Losing Everything
How to Reinvent Yourself, After Losing Everything originally appeared on DailyFinance on Sat, 02 Oct 2010 06:00:00.
Since the S&P finally rose past the key 1,130 level on Monday, stocks have languished rather than rapidly advance. That’s because volume is anemic. And without volume, the market is said to lack the conviction needed to actuall…
According to a new analysis, the U.S. government would have to sell all its shares in General Motors at an average price of $133.78 a share in order to break even on its stake in the automaker. Should U.S. taxpayers be worried?…