Waddell & Reed runs a very successful mutual fund called (UNASX). It's done a great job over the years of protecting on the downside, while still...
How did they gain? Probably not the answer you're looking for, but one possibility: They knew the SEC news was coming out today, so they went...
Not yet... sure to come though. I did hear something about forgiving college loans though - just add it to the deficit and let the taxpayers cover it!
These are class C shares, so there's a 1% fee tacked onto these funds which goes straight into the "advisors" pocket. If you plan on holding long...
Yes, he did. I remember this as well. I guess he changed his mind.
What are you talking about? Goldman lost money on one day last quarter. If they were really "connected" wouldn't they have been profitable every day?
No worries... he knows too many people at "Goldman" so he's innocent. Nothing to see here, carry on.
more likely an "announcement" by a few major banks rather than the fed. while it's surely an out of the money play, it's not a lotto ticket by any...
This is an extremely important indicator. Take a look at the unemployment rate through every major US bear market and you'll see that it peaks...
Ah yes, the old 'double reverse back' method. This way when the actual number comes in at -225, CNBC can spit it as a positive based on Goldman's...
Or just buy some puts... it's cheaper and achieves the same thing:)
because it's perceived to be a government owned company that the gumbit will not let fail. Plus, AIG proposed that the gov't reduce the interest...
Say what??! Put/Call Ratio is 0.45.... that's twice as many calls as puts. Market is as extended as it's been in 25 years based on # of stocks...
I suppose when nobody is left to buy them this thing will go parabolic... oh wait, it already has! http://research.stlouisfed.org/fred2/series/BASE
Just setting the stage so that when they announce they only need 29 billion it's deemed as good news and the market rallies big.
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