Is the national love affair with the automobile over?

Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over?

After rising for decades, total vehicle use in the U.S. the collective miles people drive peaked in August 2007. It then dropped sharply during the Great Recession and has largely plateaued since, even though the economy is recovering and the population growing. Just this week, the Federal Highway Administration reported vehicle miles traveled during the first half of 2013 were down slightly, continuing the trend. Continue reading "Is the national love affair with the automobile over?"

Nasdaq takes some blame for 3-hour breakdown

A three-hour trading outage on the Nasdaq last week was partly the result of issues within the company's control, the Nasdaq OMX Group said Thursday.

In a statement, the company detailed some of its early findings from an internal review. The Nasdaq blamed "a confluence of unprecedented events" that overwhelmed the exchange's system for handling price information. It said the catalyst was a torrent of messages from a trading platform run by the New York Stock Exchange, Arca.

"NASDAQ OMX is deeply disappointed in the events of August 22," the statement said, "and our performance is unacceptable to our members, issuers and the investing public."

The outage cracked the midday calm of a quiet summer day on Wall Street, sending brokers and traders scrambling to figure out what went wrong. Suspicion immediately fell on high-speed trading. Continue reading "Nasdaq takes some blame for 3-hour breakdown"

Traders WhiteBoard Lesson 4

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with Traders WhiteBoard Lesson 4.

Today’s lesson is perhaps one of the most important lessons we have in the Traders WhiteBoard series. I will share with you important information about stops and money management, so you can be successful in any market.

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This is the one lesson you do not want to skip. Lesson 4 provides you with the structure you will need to build and grow your bottom line in the future.

Today’s video runs a little over four minutes in length. My personal goal is that you find this lesson helpful, informative, and above all educational.

Every Success,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Don't Drink The Froth In Tesla And Netflix's Cups

On Monday, the markets started the day with such promise only to have significant gains erased in seconds late in the day. One could assign blame on the Syria related press conference or just good old-fashioned profit taking.

The froth fizzles first and fastest...

Monday, traders saw how premiums come out fastest out of the frothy tickers. Two cases in point consider. First, Tesla (NASDAQ: TSLA): The stock opened up with the markets then at about 1:00 pm E.S.T the markets started the afternoon slide.

Tesla didn't even wait to see how shallow will the pullback be. The stock sold off all the way down to 160 and closed just above that and way off the day high. Similarly, traders saw almost exactly the same price action from another frothy name Netflix (NASDAQ: NFLX). Continue reading "Don't Drink The Froth In Tesla And Netflix's Cups"