Ken Griffin’s Citadel made $16 billion last year – the largest annual hedge fund return on record, investor says
Ken Griffin’s U.S. hedge fund Citadel made $16 billion in profit after fees last year – the largest annual gain ever made by a hedge fund manager, an investor has estimated. In a report published on Monday by fund of funds LCH Investments, Citadel topped the top 20 hedge fund manager’s list beating John Paulson’s […]
Heads Up: Bulls Get Benefit of the Doubt as Positive Breadth Divergence Emerges | Top Advisors Corner
After the fall in stocks on 1/19/23, someone asked me if I was still bullish. And my answer was: “as long as the New York Stock Exchange Advance Decline line (NYAD) remains above its 200-day moving average, the bulls get the benefit of the doubt.” On 1/20/23, the market moved decidedly higher, regaining much of what it […]
The S&P 500 Showing More Bullish Signals, Watch This Key Level | Trading Places with Tom Bowley
Say what you want, but January has proven to be a very reliable predictor of U.S. stock market action from February through December since 1950 and, with just a little more than a week left to go in January 2023, market action is suggesting that we’re going to have a very strong year. It’s just […]
Friday’s 20% Gain Has This Stock’s Short Sellers Running For The Exits | Don’t Ignore This Chart!
We keep a Short Squeeze ChartList (SSCL) at EarningsBeats.com and there are currently 42 stocks on it that have very high percentages in terms of short percentage of float. What these stocks have in common is a propensity for short sellers to panic and cover their short positions as price action moves higher and higher. […]
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my Social Security at 70. I receive about $31,000 yearly in Social Security. I also take $600 each month out of my retirement account. I calculated […]
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but higher borrowing costs will last longer than a flash. The nonbank sector—made up of the thousands of private-equity funds, hedge funds, and insurance companies—now plays role the biggest banks used […]
Week Ahead: Ranged Movement Expected In The Truncated Week; These Levels Stay Crucial | Analyzing India
Over the past couple of weeks, it is being categorically mentioned that so long as the NIFTY stays below the 18300 levels, it is likely to continue to consolidate in the present range. The index has created a very well-defined trading range for itself at the moment and continues to stay within the defined boundaries. […]
Sam Bankman-Fried’s two anonymous sponsors put up $700,000 to get him out of jail
Sam Bankman-Fried was released on bond after two anonymous individuals put up a total of $700,000, according to court filings. Bankman-Fried, the disgraced former crypto mogul whose FTX exchange declared bankruptcy in November, has been under house arrest in his parents’ $4 million Palo Alto, Calif., home since last month. He was released from federal custody in […]
SPY Has a Clear Level to Beat | Art’s Charts
The S&P 500 has been trending lower since the peak in January 2022, but this decline could be a long correction after a massive advance. The pattern taking shape and the retracement amount are typical for corrections. Today’s article to highlight this setup and show the key level to beat going forward. The price chart […]
The Most Important Breadth Indicator to Follow | The Mindful Investor
I like to keep my process simple. That means I define the market trend using a simple combination of exponential moving averages. That also means that my charts are relatively straightforward, avoiding too many indicators and sticking to what I consider simple measures of trend and momentum.So when I think about market breadth, I (not surprisingly) prefer […]