Tag Archives: stock market
- ‘FanDuel for stocks’ app draws ire of securities commission
October 17, 2016
A mobile phone app that offers “fantasy stock” contests is facing a $50,000 penalty on charges of illegally offering security-based swaps. The Forcerank app was described by Fortune as “the stock market version of fantasy sports sites FanDuel and DraftKings” when it was launched in March. According to start-up Estimize,...
- Recommendations for 2015
December 30, 2014
2014 is ending with falling interest rates (though still comfortably above 2012 lows) plummeting price inflation, plunging oil prices, and a stock market at record highs. Except, sorry to say, for the gaming sector, which has fallen a sad 28% year to date as measured by the Market Vectors gaming...
- MGM Volumes Reach Records, Signs of a Boom
November 4, 2014
Monetary developments over the last three weeks have been very interesting, both on the inflation front, meaning the amount of actual dollars circulating, as well as the price inflation front, meaning how that inflation affects prices. The combined developments on both fronts tell me that we are about to have...
- The MGM Economic Indicator is Flashing…Yellow
August 12, 2014
One month ago, I showed how customer volumes at MGM can be indicative, even predictive, of stock market declines. While there is no hard science involved in the art of prognosticating trends in capital markets, there is logic behind taking signals from MGM regarding how to trade and invest. In...
- Apple to drag Facebook out of the dirt?
May 30, 2012
There aren’t many certainties in life. One of those that were supposed to be was making money off shares in Facebook. A piece of Mark Zuckerberg’s company was supposed to pay, in one fell swoop, for all those expensive porn site subscriptions and bar tabs that you’ve racked up over...
- Where Facebook goes Zynga follows
May 23, 2012
It’s been three days now since Facebook embarked on both the largest and at the same time most risky IPO in contemporary society and the general consensus is that it’s been a flop. More worrying for some investors will be the fact companies that have a strong interest in what...