Fri 9th Oct 15, 13:44:46
(ShareCast News) - The FTSE 100 was up 63.88 points (1.00%) to 6,438.70 mid-afternoon Friday, rallying on the back of Thursday's release of the Federal Reserve minutes.
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(ShareCast News) - The prices the US paid for imported goods declined more than expected in September, data released on Friday showed. 1 hour ago
(ShareCast News) - PeerTV noted the big jump in its shares on Friday and confirmed it has commenced preliminary discussions regarding a debt to equity conversion with key loan note holders of Digitiek SMT Assemblies Limited. 55 minutes ago
(ShareCast News) - China's economy is not all "doom and gloom" despite its slowdown, according to the International Monetary Fund's chief. 2 hours ago
(ShareCast News) - HSBC downgraded Hays to 'hold' from 'buy' and cut its price target to 140p from 200p. 2 hours ago
(ShareCast News) - Life sciences company Abzena announced that Roche has acquired Adheron Therapeutics, which is a privately-held biotechnology company developing the SPD051 product that disrupts cell adhesion using Abzena's Composite Human Antibody technology. 2 hours ago
(ShareCast News) - Nickel miner Horizonte Minerals has been given the green light by the Toronto Stock Exchange to issue the second of tranche of shares to fund part of its acquisition of the Araguaia nickel project in Brazil from Glencore. 2 hours ago
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We all tell little white lies from time to time, rationalising our actions or inaction in order to help us get through the day with our pride intact.
This phenomenon is particularly rampant in the world of investment, and today we are going to look at a few of the lies that traders tell on a frequent basis.
TRADERS´ Interview with Singapore Strategist
Dar Wong is Investment Strategist at Singapore based Dektos Investment Corporation and a regular financial columnist for Borneo Post and other financial magazines.
Let’s be honest: Wall Street has an embarrassing track record in forecasting what the markets will do.
According to a recent study by Money Morning, comparing the average forecast of Wall Street “experts” to the actual performance of the S&P 500 between 2000 and 2014 reveals a nearly 15 percentage point difference each year!
From the onset of time, human beings have associated certain activities with certain events, thus forming the basis of superstitious beliefs and actions.
These have also spilled into the financial markets. Here are 5 weird trading rituals commonly practiced by traders.
Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.
At least short term. To know how people feel we need to distinguish the ones with a position from the spectators on the sidelines. Both groups have a very different state of mind.