but literally nothing has changed. years away. its volatility taking them down, their earnings wont immediately move that much
Doesn't matter if it happens immediately or not. If future earnings are affected that is immediately reflected in the stock price. Hence the selloff
I don't use Scottrade, but for my brokerage you are required to fill out a specific form to be eligible for options trading. Have you already done that? Is it possible that you are blocked from trading options because you have not been authorized to trade them?
Started refi today and locked in 3 fucking percent down to a 15 year. Saved a tremendous amount of money in interest. Thanks, #TMBrexit
http://blogs.wsj.com/moneybeat/2016...ws-60-chance-of-recession-deutsche-bank-says/ DB says 60% recession Fed backed us in corner. 1.5% gdp cant sustain everything else
Wish I had bought more stocks during the brexit. I really thought it was going to last longer than it did and prices were going to go lower.
Apparently the message of the financial crisis didn’t get across Quick: If you take out a $1000 loan that has a 20% rate, how much will you owe a year in interest? Answer: $200. But if you got that wrong, you’re not alone. Nearly two thirds of Americans can’t calculate interest payments correctly, according to a new study. About a third said they didn’t even know how. One of the silver linings of the financial crisis was that it was supposed to have taught many Americans a lesson, albeit painful, about the dangers of debt, and financial issues in general. Apparently, the message, though, didn’t get across. All told, a new study, which was released today, estimated that nearly two-thirds of Americans couldn’t pass a basic financial literacy test, meaning they got fewer than four answers correct on a five-question quiz. Worse, the percentage of those who can pass the test has fallen consistently since the financial crisis to 37% last year, from 42% in 2009. These findings come from the National Capability Study by the FINRA Foundation, which surveyed 27,564 Americans, from June through October of last year. FINRA in an quasi-government organization that regulates brokers and Wall Street. Bonds presented one of the biggest problems for respondents of the survey. Just 28% knew what happens to bond prices when interest rates fall. (They rise.) And less than half of all Americans appear to be able to answer basic questions about financial risk. Beyond financial literacy, the study found that many Americans have recovered from the financial crisis. Respondents to the survey who reported no difficulty in covering monthly expenses and bills increased 12 percentage points, to 48% in 2015 from 36% in 2009. The percentage of respondents with emergency funds has increased to 46% from 35% in the same years. Additionally, more than half of those using credit cards reported that they pay off their balance each month—the highest percentage since the survey began, the study found. However, the study also showed that even eight years after the financial crisis, significant segments of the population, including African-Americans, Hispanics, women, Millennials, and people lacking a high school education—so a lot of people—are still worse off then before the recession. Women are more likely to put off medical services like seeing a doctor, buying prescriptions, or undergoing a medical procedure due to cost. This leaves more than one in five Americans, or 21%, with unpaid medical debt, according to the study. As for minorities, 39% of blacks and 34% of Latinos have used such high-cost forms of borrowing as pawn shops and payday loans, compared with 21% of whites and 21% of Asians. And unlike their predecessors, 29% of Millennials, who are 18 to 34, said they had been tardy paying their mortgage, vs. 16% of those ages 35 to 54. And 45% of all respondents with no college education said that if they had an emergency requiring them to pull together $2,000 within a month, they wouldn’t be able to do so. “This research underscores the critical need for innovative strategies to equip consumers with the tools and education required to effectively manage their financial lives,” said FINRA Foundation Chairman Richard Ketchum in a press release. “My hope is that policymakers, researchers, and advocates will use these findings to make more informed decisions about how to best reach underserved populations.” Despite the overall rebound from the Great Recession, Deutsche Bank says there’s a 60% chance the U.S. is headed back into a recession, partly due to the fact that the difference between yields for long-term and short-term bonds has been shrinking. As for women, Fortune previously reported that although the increase in the number of women employed has pushed down the female unemployment rate, joblessness among women overall is higher than what it was in the months leading up to the downturn. This article originally appeared on Fortune.com -- cliffs: people are still stupid, smart people will continue to make money at their expense, dumb people will be pissed at a system the refuse to learn
No idea. And maybe it is some places? My Econ teacher touched on it some just cause he knew it was important but fuck why is world geography required over that
larger education response, but its because everyone in the US has to get the "same" education. in AL 4 years of math, science, history and english, period. doesnt matter if youre an asian tiger's kid who is goin to MIT or Harvard, or some single parent kid living in an apt who would be lucky to do a full semester in comm. college. the same classes for everyone is so fucking stupid. tracking students, in a manner similar to europe/germany (fuckups are put on a track to go to get a certificate/apprenticeship, middle people on track to go to JUCO, and the tops go to college). here however, college is the end all be all and its worthless for half the people that go not to mention the student debt and lost earning potential and all that. couple in that some equal protection/everyone thinks their kid is a genius/everyone gets a participation trophy therefore everyone gets the same education and there isnt much leeway in curriculums. i am fairly agnostic on common core because its more the method not the curriculum, but jesus personal finance needs to be taught at all levels and interspersed within math, english, and economic type classes. i took some BS filler class my senior year at AU, the "senior experience" i think it was called. a 2 hr class that talked about jobs and finance and shit like that. and somehow i knew a kid that got a B when it was basically all "do a powerpoint about a city and their cost of living and write a paper about compounding interest in a 401k plan", and he never missed a class!
I just got an unexpected $2,000 to play around with. Any high risk investment situations anyone would suggest? I was thinking about buying Chipotle and some other stocks that have been down recently.
I like the stock JUNO as a high risk /reward play. Its been trading in the low 30's to low 50's range and is sitting at the bottom of that range right now. Its there because last week it came out that 2 or 3 patients in one of its drug trials died unexpectedly. Juno is a biotech company researching and producing drugs that use the immune system to defeat cancer. Jeff Bezos is involved in the company in some way also. If you feel like taking a flyer I could see the stock popping back up in the next 3 months. Then again if more goes wrong in their trial it could be a lot lower. They think the 3 patients died after adding one ingredient to the drug. they have proposed removing that ingredient and going back to what was working before. Also, they do other stuff but that's just whats been in the news.
i know i told yall about passing the CFP exam a while back. well as of yesterday i finally completed the board requirements for experience & ethics, paid my fees so officially i can use the CFP marks. right on time because starting next month ill be starting a new role as a Financial Advisor. crazy to think 8 years ago i knew nothing about investments, and starting next month i'll get paid to run people's portfolios. never would have guessed it, but my long term career is pretty much secured. gotta say
Studying for the aams right now, wouldn't waste my time but it will allow me to test out of the first two CFP modules.
It's not part of state testing so teachers shouldn't waste time teaching something that doesn't affect a school/principal/teacher's ratings/salary? Pretty shitty argument, right?
TJX Under Armour A defense company Cisco IBM Mid Cap Index Telecom Consumer food (like dominos, or yum brands etc) Goldman/JPM for me at least
that's who i was responding to. i gave you fuckers exr at 77 and wmt at 61, and told everyone to stay the hell away from sdrl when you clowns were obsessed with offshore drilling.
paintin with a broad brush brah its just crazy equities are so overpriced because yields are fucking terrible everywhere else
revenue growth, got rid of dumb ceo, and starting to get into streaming sports. did wimbledon and have thursday night nfl package. but i mean we are all just picking some letters and hoping they go up.
Nowhere else for money to go. All time low interest rates with an all time high stock market. Crazy time we live in now.
I've got some put options in that expire July 29th (strike $214.5 and $214) that I bought on Friday. Maybe I didn't give myself enough time on the puts (potentially should have gone into August) but based on the Stochastic this thing is severely overbought. Not looking good today but fingers crossed
I don't have any strong opinions on this market. If you are up money on Barclays id probably take the profits. More uncertainty comes with BAC missing earnings yesterday and the market is telling us interest rates are going to remain low for a lot longer. That will probably work against Barclays The rest of the summer is going to be slow trading wise. I think some better ideas will develop in early -mid august when the a lot of traders come back from summer vacation.
not sure if you are talking about trading it or buying and holding, but i wouldn't be shocked if nflx didn't exist in 7-10 years.
Why is that? I haven't thought about it but Netflix started out as a company where you would mail in your dvd's. They have come a long way since then and the management seems to be on top of evolving technology.
their costs for acquiring programming are skyrocketing, they're trading at a 350x multiple, they got crushed because they only added 1.75 million subscribers in a quarter, and the most important thing i think, is they are competing directly with amzn at this point, which has resources that shit all over anything nflx has.