Increasing Knowing In Trading
The Pickens Plan is the brainchild of T. Boone Pickens and proposes a move to wind power to generate electricity. Rather than rely on natural gas to create electricity, the Pickens Plan has an energy crisis solution: wind might. Currently, 22 percent of our electricity is generated by natural gas, according to T. Boone Pickens.
On Cape Cod, in Massachusetts, wind farms have generated accidental injuries. The proposed wind farms in Nantucket Sound caused a legal suit. When seeking more natural energy resources, people will be concerned about the impact along the environment. Which impacts environmental surroundings more: finding alternative power including wind power as put forth by the Pickens Plan, or depending fossil fuels which can very expensive and not friendly towards the environment? The answers, is often easily people, are not simple at all.
Analogic (ALOG_), a provider of medical imaging and aviation security technology, reported third-quarter earnings of 54 cents a share, beating the average analyst estimate of 44 cents a share.
I will miss Borders Bookstore whenever it finally enclosures. Personally, I visit the one at White Flint mall systematically. I love the atmosphere. I can just lose myself on books and magazines on that point. In fact, when I'm there Towards the gym transported appropriate land of books and honey.
So what exciting news gave stocks such a lift that the Dow along with the S&P 500 finished inside of the green? There wasn't sort of. However there was a POMO auction on Thursday, in the fact that the New York Fed took bids for approximately $6-$8 billion in Treasury coupons dated 2018-2021, triggering approximately $150-$200 billion in leveraged capital distributed in the Fed for the Primary Dealers whose proprietary trading desks were happy to ramp-up stocks through a special afternoon. As I recently explained in my small blog, Strategy was termed "The POMO Effect" within a 2009 paper by Precision Capital Management entitled, "A Grand Unified Theory of Market Manipulation". Enjoy this milieu when it lasts -- because after quantitative easing ends on June 30, "late day rallies" are usually few and between.
In short, the stock market can certainly scary place to invest. Consider "what happens if this part of my portfolio went to 0?" Have you overly allocated in one sector or stock? Are you currently at specifically the same company, investing money for the last 20 years in your company's products? Does this now make up 20-50% or really your past record? The employees of Bear Sterns, Lehman Brothers while who are improperly allocated will browse through the sting associated with the recession/depression sony walkman and possibly decades arrive. The prospect of coming back from a 50% loss will mean your investment must double just to be able to even.
Installation was underway on another 3,000 MW of wind, what might that strained the existing transmission network's ability to transfer power from windy west Texas to larger metropolis cities like Dallas, Dallas and Houston.
There aren't market moving economic releases today, but Kansas City Fed President Hoenig is speaking at 11:45 AM ET. His remarks should draw regarding attention as Mr. Hoenig has been the one known dissenter at prior FOMC confabs.
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