-
Uncertainty Trumps Potential For Power Solutions; Wunderlich Downgrades
Monday, February 6, 2017 - 11:57am | 266Read More...Shares of Power Solutions International Inc (NASDAQ: PSIX) were halted on a circuit breaker during Friday's trading session after the company received notice that its independent accounting firm will no longer be providing its services and that the company's chief financial officer Michael Lewis...
-
Vanderbilt Study: High-Frequency 'Phantom Liquidity' Is Not Hurting Retail Traders
Friday, July 29, 2016 - 11:25am | 414Read More...A new study by Vanderbilt University Assistant Professor Jesse Blocher has seemingly debunked the myth that high-frequency traders (HFTs) are systematically setting pricing traps to lure retail traders. HFTs are the primary topic of Michael Lewis’ best-selling book “Flash Boys,”...
-
The SEC Could End This 9-Month Battle In An Upcoming Ruling
Thursday, June 9, 2016 - 8:54am | 448Read More...IEX Group is a stock trading venue that gained the national spotlight following Michael Lewis' book "Flash Boys." IEX is a dark pool, or an alternative trading system, based in the United States. The trading venue is unique in the sense that the computer equipment that handles trading is located in...
-
SunTrust Upgrades Equity Residential, Downgrades Apartment Investment, Camden
Thursday, June 2, 2016 - 3:28pm | 508Read More...SunTrust has upgraded Equity Residential (NYSE: EQR) to Buy from Neutral, while downgraded Apartment Investment and Management Co (NYSE: AIV) and Camden Property Trust (NYSE: CPT) to Neutral from Buy. On EQR, Analyst Michael Lewis said concerns about New York/SanFranciso and an urban focus have...
-
Michael Lewis: The Book That Will Save Banking From Itself
Thursday, May 5, 2016 - 2:26pm | 415Read More...Michael Lewis is perhaps most well-known for authoring the best-seller "Flash Boys: A Wall Street Revolt" and "Moneyball: The Art Of Winning An Unfair Game," among others. On Thursday, he penned an article on Bloomberg, in which he discussed one of his favorite memories from his professional career...
-
The Perils Of High-Frequency Trading For The Uninitiated
Monday, July 20, 2015 - 11:46am | 487Read More...Bradley "Brad" Katsuyama, co-founder and CEO of the Investors Exchange (IEX), featured prominently in bestselling financial author Michael Lewis' book on high-frequency trading, "Flash Boys." Katsuyama was on this week's edition of Wall Street Week to discuss how high-...
-
Michael Lewis: Wall Street Has Been Taken Over By 'Geeks'
Monday, March 23, 2015 - 3:17pm | 412Read More...Financial journalist and author of bestsellers like "Liar's Poker," "The Big Short," "Moneyball" and "Flash Boys," Michael Lewis was recently on CNBC to discuss if markets are in the bubble territory, why he considers Berkshire Hathaway Inc. (NYSE: BRK-...
-
Why Felix Salmon Doesn't Like 'Flash Boys'
Wednesday, November 19, 2014 - 10:52am | 421Read More...“Flash Boys” author Michael Lewis is one of Felix Salmon’s favorite writers. “He is the best writer of nonfiction financial journalism in the world,” he said. “There’s really no doubt about that.” Salmon is a senior editor at Fusion, former...
-
Dennis Gartman On The Bull Market, Gold And Why The Market Is Not Rigged
Wednesday, July 9, 2014 - 8:44am | 743Read More...Despite the number of people remaining bearish, Dennis Gartman says it's still a bull market out there. Gartman has been writing his daily financial trading commentary, “The Gartman Letter,” every day for the past thirty years -- with the single exception of his parent's 50th wedding anniversary....
-
Turney Duff, Author Of 'The Buy Side' Talks Insider Trading, Galleon Group & The White House
Wednesday, May 28, 2014 - 1:20pm | 968Read More...Turney Duff is the author of the New York Times bestseller The Buy Side: A Wall Street Trader's Tale of Spectacular Excess. Recently, Sony Pictures purchased the rights to develop the book in to a TV show or movie. Duff was a special guest on Benzinga's #PreMarket Prep show on May 23 to talk...
-
Michael Lewis Is Right: The Market Is Rigged, To The Upside
Wednesday, April 2, 2014 - 4:36pm | 696Read More...On Sunday night, author Michael Lewis shocked the world on the 60 Minutes television program, by announcing that the market is “rigged." Lewis' premise, that High Frequency Trading has created an unlevel playing field for investors, has some merit. However, only Predatory High Frequency...
-
Defending The Indefensible: Flash Trading Helped Save the Stock Market
Tuesday, April 1, 2014 - 4:01pm | 1077Read More...In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...
-
Jim Cramer Outlines How To Beat The 'Flash Boys'
Tuesday, April 1, 2014 - 2:28pm | 522Read More...When it comes to the notion of a stock market rigged by high-frequency traders, aka the so-called “Flash Boys,” CNBC’s Jim Cramer suggested his own version of fighting fire with fire. The way to win, Cramer said, is to do basic homework. Cramer doesn’t dispute author Michael Lewis’ allegations...
-
Michael Lewis' New Book: The Stock Market Is Rigged
Friday, March 28, 2014 - 3:00pm | 289Read More...Best-selling financial journalist Michael Lewis thinks that the U.S. stock market is rigged in favor of high frequency traders, stock exchanges and large Wall Street banks who utilize speed trading to gain an edge over everyone else. In his newest book Flash Boys: A Wall Street Revolt, Lewis...
-
Can a Picture of the CEO Predict Stock Performance?
Monday, December 19, 2011 - 8:14am | 863Read More...Earlier this fall a noted author, Michael Lewis, talked about an interesting investment strategy on CNN's Global Public Square. Lewis discussed his Moneyball book and the theory that people make misjudgments when they rely too much on their eyes instead of numbers and hard data. Lewis mentioned...















