Baird upgraded Nike, and Goldman Sachs upgraded Restoration Hardware. The FMHR traders discuss their play on both stocks.» Read More
I give up. Just when I think I've seen it all...suddenly, there's Handerpants. "Underwear for your hands!" proclaims the marketers of the fingerless gloves designed to look like men's briefs.
The recent financial struggles of two formerly great athletes are a reminder that risk management is vitally important, no matter how much money you have.
Newly confirmed FDA Commissioner Dr. Peggy Hamburg has got her work cut out for her. The FDA is responsible for policing a wide array of consumer goods, from foods and pharmaceuticals to cosmetics and medical devices...the agency has limited resources, so she’ll have to identify policies that can do the most for the greatest number of Americans, writes Peter Pitts a former Associate Commissioner for External Relations at the FDA.
Many times over the past several months, I have opened a newspaper or tuned into a show to hear opponents of health care reform say that it’s not that they oppose universal health care – they just don’t want to pay for it. Why, they argue, should they have to pay higher taxes when they are perfectly satisfied with the way the current system benefits them?
Friday I got to dress up my basset hound, Homer, in a new, as-yet-to-be-released, beach knapsack made especially for dogs by Body Glove.....Pet products and services are a $40 billion business in the U.S. which may be recession-proof, so everybody would like to dive in.
One major bank's recent announcement that it will boost base pay while reducing bonus opportunities for certain employees spawned headlines around the globe, and with good reason.
No account of the financial collapse last year would be complete without an in-depth discussion of the role played by the credit rating agencies – the supposed impartial arbiters of debt whose decisions determine creditworthiness.
If human beings were purely rational actors, people would never enter into a mortgage contract they did not understand and our elected officials would be motivated entirely by policy – and not political – considerations.
Never underestimate the power of persistence. Throughout history, political, literary and sports figures have learned that lesson. In fact, Winston Churchill once said, “Success is not final. Failure is not fatal. It is the courage to continue that counts.”
Just because it's Independence Day, that doesn't mean you can't make some investing hay. In fact, holidays are a great time for the average Joe to earn money. During holidays, most top traders take time off. And that spells opportunity for those who stick around.
People tend to see what they want to see, so it's not surprising Bernie Madoff was able to convince scores of investors his scam was legit. And while many still wonder how such a large-scale fraud could happen, there were a number of missed warning signs for investors.
Money makes some people crazy. And no one can exploit that better than the Russians. According to an Austrian newspaper called Wirtschaftsblatt....Russian luxury ocean liners are offering customers "pirate hunting cruises".
Maybe the one-two punch of the Brooks and Markoff cases are the warning sign we needed—a reminder that it’s time to rethink how we relate to one another and reconsider the wisdom of cyber connections morphing into face-to-face liaisons, writes guest bloggers Marian Salzman and Jim Diamond.
It's hard to walk away from a gold mine, but Discovery Communications' TLC is doing just that. After more than ten million viewers tuned in this week to learn that Jon & Kate Gosselin were divorcing, the show is going on hiatus until August, following a retrospective next week. How long have the Gosselins been estranged? What did TLC know and when did it know it?
This is the problem with the new 'personal branding' business model: persons are more fragile than business. We are deeply wired to identify with other people more than with corporations or logos or abstractions.
Range Bound markets can make your portfolio bleed cash. And with all the unanswered questions looming about what’s next for the economy, it looks like we could be stuck in a range for a while.
A man walks into a bar. He’s carrying a carpet under his arm. He wraps himself in the carpet, lies on the floor, covers his face and waits for people to step on him. A sign taped to the bar reads: “Step on carpet.”
Losing patience can cost a lot of money. Yes, the Market can be frustrating, especially when there is a lot of uncertainty. Unfortunately, impatience can lead to losses and cause traders to behave in ways that kill a portfolio.
Let's be honest, trading is not rocket science. In fact, trading succes has little to do with how smart you are. Rather, it's more about your mental process. Successful traders generally do many of the same things, regardless of which market or product they trade.
Those of you who know me, know I love the world of competitive eating. I'm credited with bringing the Nathan's Hot Dog Eating Contest to ESPN (I did sideline reporting for the live broadcast for two years) and I'm recognized by most of the stars of the Major League Eating tour.