The Retail Investor Gets Rolled Once Again
I don't believe markets are going to die. They aren't going the way of the dinosaur. However, confidence is dead -- confidence in market operations and trading, which doesn't kill the markets but kills the retail trader.
Memories of the "flash crash" are still fresh in everyone's minds. It is a quick go-to when problems in trading arise. But this year has brought no relief for the retail investor and trader. The European financial crisis, bank trading losses, a LIBOR scandal, a screw-up on the most overhyped IPO in history and now issues this morning with multiple names sending volatility and price action skyrocketing in a group of stocks, further damaging any hope for a return in confidence....382 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.