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Floor Trader Recalls The Oft-Forgotten Frenzy In The Week After Black Monday
Saturday, October 28, 2017 - 11:50am | 1031A few days after Black Monday, Greg Bruno was back in the pit, playing witness to a historic futures trade. A Shearson broker’s large, at-market sell order — “the stupidest order of all times,” allegedly made on behalf of George Soros — turned a $256 Tuesday close into...
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Tech Expert Sean Udall Predicts No Major Earnings Misses, Q4 Rotation
Thursday, October 26, 2017 - 12:15pm | 681You’d be hard-pressed to find an investor betting against NVIDIA Corporation (NASDAQ: NVDA), whose stock trades up 171 percent year over year. The firm has 21 Buy ratings against 11 Holds and just three Sells. But contrarian Sean Udall has been short Nvidia all year and hopes it breaks a $204...
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Maxim Expert Breaks Down Movement In 4 Tech Stocks
Friday, September 22, 2017 - 8:51am | 774The tech sector is as busy as ever — racing to develop self-driving cars, expand the Internet of Things and, at the same time, protect consumers from hacks into their increasingly virtual lives. Dan Forman, technology sector specialist at Maxim Group, broke down some of the recently active...
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Puerto Rico Goes Bankrupt: 'There's Going To Be Losses'
Thursday, May 4, 2017 - 1:24pm | 751Puerto Rico’s restructuring of $73 billion in debt — a bankruptcy four times the size of Detroit’s — has been a long time coming, analyst Cate Long said on Benzinga’s PreMarket Prep morning show Thursday. The territory’s bankruptcy is not a Chapter 9 filing, as...
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Meet The Entrepreneur Who Destroyed And Rebuilt Investment Fund Trading
Wednesday, February 8, 2017 - 2:37pm | 1075When it launched in 2001, LiquidNet was a revolution in high volume trading, providing asset managers with a quick and reliable way to trade tens of thousands of shares through a computer network. LiquidNet is now a standard among investment firms, trading across 41 different public and private...
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How To Take Your Technical Analysis On The Go
Thursday, June 23, 2016 - 2:29pm | 563When you think about technical analysis, portability is probably not the first thing that comes to mind — in fact, it seems quite contradictory. After all, we often picture technicians as being glued to their trading desks and staring at their charts. But that practice is starting to change,...
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What's The Deal With Sarepta?
Thursday, June 9, 2016 - 1:55pm | 440It’s been a wild ride so far this year for shareholders of Sarepta Therapeutics Inc (NASDAQ: SRPT). The year got off to a disastrous start back in January when the stock plummeted 55 percent in a single trading day after the FDA released advisory committee briefing documents that were highly...
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No More Paper
Sunday, May 29, 2016 - 5:04pm | 724Certain things for certain places leave an impression on you. For me, there is one thing from my time spent on the trading floor at the Chicago Mercantile Exchange from 1985–1992, that will never escape my mind: the paper. In other words, the tremendous of amount of excess paper that covered...
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Gordon Johnson Lays Out Case Against SunEdison, SolarCity
Wednesday, March 2, 2016 - 2:14pm | 607Axiom analyst Gordon Johnson explained his cloudy outlook for Sunedison Inc (NYSE: SUNE) and SolarCity Corp (NASDAQ: SCTY) on Benzinga's PreMarket Prep talk show Wednesday morning. SunEdison Johnson downgraded SunEdison Tuesday, citing an inability to close deals due to lack of liquidity. Johnson...