The Market Structure Map
May 18, 2022
The Terra Lunacy (cough cough) is about creating and destroying. If you’re thinking, “Lord, I want to read about cryptocurrencies like I want to use a power tool on a molar,” hang on. It’s about stocks. But first, here is Market Structure 101, public companies...
May 11, 2022
“The market structure is a disaster.” That’s what Lee Cooperman said in a CNBC conversation yesterday with “Overtime” host Scott Wapner. What he thinks is wrong is the amount of trading occurring off the exchanges in so-called dark pools and the amount of shorting and...
May 4, 2022
You never know where you’ll hear a new vocabulary word. It’s not the word that matters but what it connotes. And the context in which one hears it. In this case, it was hedge-fund billionaire Paul Tudor Jones on CNBC Squawk Box yesterday, talking about...
April 27, 2022
Did you know the Caribbean is full of brown boobies? The blue-footed brown booby, about the size of a seagull. We’re just back from sailing St Martin and St Barts, where the critters of both sea and sky delighted. Unlike the stock market, apparently, which...
April 13, 2022
Ahoy! As you read, we are stopping in Charlotte en route to a 2pm arrival in Sint Maarten in the Caribbean. We saw the inflation print at 8.5%, plunging consumer confidence, rising credit risk, the supply-chain morass, and said, “Let’s flee to the sea.” Okay,...
April 6, 2022
Cathie Wood says don’t do it. Raise interest rates, that is. The founder of Ark Investment Management and guru to retail traders of Tech stocks says the Federal Reserve is playing with fire. Why? Because growth is fragile and consumer confidence is woeful. Hike rates,...