You probably heard the news that the SEC halted short selling on 799 financial stocks last week. The SEC did this in order to reduce downward pressure on financial stocks, and hopefully, restore price stability and investor confidence. Here’s an excerpt from the SEC web site:
Under normal market conditions, short selling contributes to price efficiency [...]
Weekend Reading: September 21, 2008
Last week was incredible in many ways. Most notable were Lehman Brothers failure, Merrill Lynch sale, and AIG bailout. The wild swings over the last five trading days definitely woke up a few people. It’s times like these that we learn more about ourselves and help us understand if we really have our ducks in [...]
Market timing does not work (1). However, there are still plenty of investors who believe in market timing, and a subset of these believe that January Effect and October Effect are real. In a true MythBusters‘ fashion, I did some historical data analysis and have a few statistical factoids to share with you. But first…
What [...]
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