The New York Stock Exchange NYSE trading floor has changed a lot since its peak in the 1980s, mainly due to advances in technology. While computers now handle most trades, there are still real people on the floor doing important work for investors around the world. TradeMas Inc. senior floor trader Peter Tuchman, known as the "Einstein of Wall Street" because of his distinctive white hair, is one of the most recognizable figures on the trading floor. He's been working there for decades, offering valuable insights to clients during both good and bad market conditions — making him the go-to source for understanding market trends. Here's why Tuchman says stock trading isn't a "get rich quick scheme." More: https://lnkd.in/eyNmWb4A #yahoofinance #finance #investing #markets #money
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The NYSE trading floor has changed a lot since its peak in the 1980s, mainly due to advances in technology. While computers now handle most trades, there are still real people on the floor doing important work for investors around the world. What was it like to work on the floor in the '80s? "Crazy," if you ask TradeMas Inc. senior floor trader Peter Tuchman. "There were thousands and thousands of people," Tuchman told Yahoo Finance Executive Editor Brian Sozzi. "It was open outcry auction market." More: https://lnkd.in/eyNmWb4A #yahoofinance #finance #trading #markets #money #investing
Longtime stock trader describes 'crazy' 1980s NYSE floor
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Here's a fun question for my LinkedIn network on a summer afternoon: Ever wondered where the terms Bull and Bear Market came from? They’re as much a part of our daily finance lingo as coffee is to our morning routine! ☕💼 Last week, I found myself in Amsterdam, face-to-face with a miniature bear and bull sculpture at a client's office, just like the ones (pictured) near Wall Street! 🐂🐻🗽 Here we were at the meeting, six financial professionals, with a combined experience of 75+ years, all stumped by this question! 😮💭 Yes, none of us knew the answer! The origin of these terms isn't tied to the brawn of these beasts. Nope! Instead, we have to take a time machine back 300+ years to uncover their roots. Would you have guessed it involves skin trading and a Pope? I promise we’re still talking finance here, and not an episode from an adventure movie! 😄 🎬🏴☠️ #FinancialTrivia #BullsAndBears #stockmarkets #stocks https://lnkd.in/euWTJzdK
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Hey LinkedIn! If you’re new to following me, I talk about #stockmarket. Let me know if you have any suggestions on what to share! ✒️ Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations. Stock markets are components of a free-market economy because they enable democratized access to investor trading and exchange of capital. Stock markets create efficient price discovery and efficient dealin.... #finology #trending
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This is worth your time. And there are other assets in the sector that many believe will outperform Bitcoin over the next 4 years. If you think it’s here to stay, it’s probably time to diversify into the sector.Benaiah Capital
Preston Pysh articulates on an episode of Scarce Assets with Andrew Edstrom, CFA, CFP & Jesse Myers, that once investors more deeply understand bitcoin’s fundamentals & its upside potential, the immense opportunity cost associated with owning richly valued equities becomes clear. https://lnkd.in/giZ4cwmF
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Keith Gill May Have Resurrected the Criminal Art of Market Manipulation ******************** "After five short years, we may now need to be reminded what Wall Street was like before Uncle Sam stationed a policeman at its corner, lest, in time to come, some attempt be made to abolish that post." FERDINAND PECORA, lead prosecutor of the Stock Exchange Practices Hearings ******************** Keith Gill's latest gambit on Gamestop has landed him in some very hot water. Details are still emerging, but it's possible that he has shed his reputation as an annoying lottery winner masquerading as an investment genius in exchange for a criminal rap sheet as a market manipulator. Many retail investors applaud Mr. Gill, but this would be a grave misunderstanding of his harmful behavior. Market manipulation was outlawed with the passage of the Securities Exchange Act of 1934. This law was not designed to protect the stock operators of Wall Street; it was designed to protect the average investor. Prior to its passage, market manipulation was rampant on Wall Street. One of the more infamous manipulators was Jay Gould, and among his go to tactics was publishing his positions to pump up stocks or cause a sudden collapse in price depending on whether he was buying or shorting. Again, it is unclear whether Mr. Gill has entered the realm of criminal activity, but at a minimum, his behavior runs contrary to the spirit of U.S. securities laws. It is unsurprising, however, that he continues to push his luck. In 1914, Louis Brandeis wrote, "the weakness of human nature prevents men from being good judges of their own deservings." Mr. Gill appears to possess this human weakness in ample quantity, but he also possesses another. In the 1903 classic, "Letters from a Self-Made Merchant to His Son," George Lorimer cautioned that "when a speculator wins, he don't stop until he loses." Mr. Gill is not hero, and if he violated U.S. securities laws, he deserves to be punished accordingly. #sec #marketmanipulation #gamestop https://lnkd.in/duTWSCPr
SEC options probe reports rock GameStop stock after Roaring Kitty returns
thestreet.com
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Historically, trading in subdollar symbols hovered around 4-5% of market volume. But times have changed. Over the past year, this has surged to more than 15%. What's driving this shift, and how does it affect institutional trading? I take a closer look at the nuances of this trend in my latest blog on Square Edge. Read below.
IEX Square Edge | What the Rise in Subdollar Stock Volume Means for Institutional Trading
iex.io
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Cannon Trading has rolled with the big players in the trading industry! 💼🌐 We've had the privilege of sitting across the table with market titans, seasoned professionals, brilliant educators, and savvy traders. Each conversation is a deep dive into their trading journey, shining a spotlight on their experiences, market wisdom, and unique trading perspectives. 🚀💡 These stories make us who we are and give us an edge in this ever-evolving world of trading. So here's to more coffee, conversations, and market magic! ☕🗨️✨ 🌐 https://lnkd.in/ehp4MjyE 📞 (800) 454-9572 *Futures trading is risky and not suitable for everyone* #CannonTrading #MarketGiants #TradingLife #MarketMagic
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Start your day with The Daily Feather. Retail investors, institutional investors, traders and hedge funds utilize the timeliness of the Feather to anticipate movements in the markets and position themselves nimbly and profitably. Subscribe Via Substack https://hubs.ly/Q02D7J_Z0
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Chairman of Stocks🏦
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