S&P 500’s Remarkable Streak

Everyone with some financial sense knows that the markets (S&P 500 specifically) have been continually hitting new highs or at least new multi-year highs respectively. The strange thing is that we have not seen many corrections in that period. In fact, the S&P 500 is on quite an impressive streak right now (see below). Typically, … Read more

DIFX Reaches Trading Agreement with Netherlands

The financial services regulator in the Netherlands has agreed to allow brokers there to connect directly to the Dubai International Financial Exchange (DIFX) and trade securities, in a decision that strengthens the international links of the exchange. The decision by the Netherlands Authority for the Financial Markets (AFM), in conjunction with the Netherlands Finance Ministry, … Read more

International Monetary Fund Told to Sell Gold

St. LOUIS (ResourceInvestor.com) — An esteemed group of eminent persons, including former Fed Chairman Alan Greenspan and current President of the European Central Bank Claude Trichet, has recommended that the International Monetary Fund (IMF) sell up to 400 tonnes of gold as means to finance ongoing costs. In a report submitted to the IMF Executive … Read more

NYMEX to Present At Financial Services Conference

NEW YORK, Jan. 30 /PRNewswire-FirstCall/ — NYMEX Holdings, Inc. (NYSE: NMX), the parent company of the New York Mercantile Exchange, Inc., announced today that NYMEX Chairman Richard Schaeffer, NYMEX President and Chief Executive Officer James E. Newsome, and NYMEX Chief Financial Officer Kenneth Shifrin will present at the Citigroup Financial Services Conference in New York, … Read more

US Investor – Wake Up

Look Internationally for Investment Inspiration Michael Fischer is an investment professional with over ten years of experience, the latter nine at Goldman Sachs. He has bought and sold billions of dollars of investment products on behalf of his clients and himself; and shares his expertise in his new book Savings and Investing: Financial Knowledge and … Read more

Is ‘Private Oil’ Threatening the NYMEX?

Rapid expansion in China and India has led the governments of these countries to make sweeping changes in the way they buy oil. In many cases, they are beginning to circumvent the traditional distribution networks of the New York Mercantile Exchange (NYMEX), and other bourses, entirely. In fact, according to a report released Wednesday by … Read more

The Options Doctor

The Options Queen, Jeanette Schwarz has just released her first book: The Options Doctor: Option Strategies for Every Kind of Market (Wiley Trading) The cold winds have returned to the North-Eastern region of the United States, just as we all were about to sell our old winter clothing. We here, in this region, have been … Read more