Been thinking about employee stock options and the theoretical value of "public companies mandated to have ESOs for all employees, and for said ESOs to ALWAYS have voting power, and for ESO voting power to always be at least 49% of the company, as in 49% of the stock has to be owned by either employees or the company itself (range to allow for flux)" and it's never going to happen but man. Imagine if it did.
Imagine if public companies were beholden to employees, not just wealthy stockholders. Imagine if employees could vote against investors. Miss me with the capital investment of ESOs, let us VOTE.
Investors heartened by strong U.S. growth are turning to a broader set of stocks, rather than just the big tech companies that drove indexes to records
"The real reason companies have become obsessed with your data"
This is a great channel
This is a great video, it is about 12 minutes
The first 10 minutes or so are great information about general stuff
The last 2 minutes discuss how data brokers sell information to stock market makers so the latter can build predictions as to what the market is going to do next...
...which is why...
so many people strongly recommend against picking single stocks and instead investing in broad funds that track things
By investing in funds that track the market, an industry, or something similar, you trade a built-in management fee to piggy back on their knowledge.
LET US DO AN EXAMPLE
1 share of Slime Stock Tracking Fund = $101.00. This is the thing you buy.
Slime Stock Tracking Fund holds 10 stocks, each worth $10, for a total worth of $100.00.
The $1.00 you paid on top of this $100.00 for a basket of stocks is the Slime Tracking Fund management fee of 1%.
PROS
For this $1.00 fee, Slime Stock Tracking Fund employs lots and lots of really smart people who are explicitly incentivized to maximize your return (in short: if they don't make money, they are fired)
You also do not pay transaction fees. Slime Stock Tracking Fund has 10 stocks and will regularly say "Hey Stock #3 sucks, sell that. Now buy something else." Or it will reduce or increase a portfolio based on the overall, continually evolving strategy that does not have an end-date.
SIDE BAR: "I don't pay transaction fees, I use--"
Yes you do. The price is cloaked.
It works the same way as your local corner store which sells you a candy bar for $1.25, but the grocery store 20 minutes away sells it for $1.15. Your fee-free broker is showing you a very slightly manipulated price and pocketing the difference.
The Plain Bagel is another fantastic finance YouTube.
CONS
Someone else is making the decisions on what stocks to hold. This may violate your personal stance on the world and/or make you less money because you picked Slime Stock Tracking Fund and not Ghost Stock Tracking Fund which for innumerable reasons did better right now.
SIDE BAR: All funds (that are not scams) produce documentation, often with a short summary, "This is how we pick stocks. These are the stocks we hold." You can therefore make your decisions based on how you want your money to work.
Financial and other shocks, Sun Uranus conjunct May 9
The shock waves will reverberate out as the Sun and Uranus conjunct at 12:36 pm PDT/ 3:56 pm EDT/7:56 pm GMT at 18+ degrees TAURIS. URANUS the planet of chaos, shock, revolution, hi-tech, freedom, liberations, literally earthquakes, crypto and financial bull markets will bring shake downs, and rebellion, innovation and radical high times.
This is an annual URANUS CAZIMI, with the full tilt wild…
The doji pattern is a candlestick pattern commonly used in technical analysis to indicate indecision in the market. It occurs when the opening price and the closing price of an asset are very close to each other, resulting in a candlestick with a very small real body.
The doji pattern can have different shapes, but the common characteristic is that it has a small real body, a long upper and…
Stock futures tick up on mixed earnings results from big banks
Stock futures tick up on mixed earnings results from big banks
Stock futures rose Friday as investors turned their attention to big bank earnings after the major averages staged a historic turnaround rally.
Futures tied to the Dow Jones Industrial Average increased 190 points, or 0.63%. S&P 500 futures gained 0.69%, and Nasdaq 100 futures ticked up 0.66%.
JPMorgan Chase and Wells Fargo gained after revenue topped expectations. Morgan Stanley reported a…
Ontonix launches a Market and Cryptocurrency Crash Anticipation System and Shorting Signals service, which delivers early warnings of large drawdowns or crashes in major markets, Bitcoin and gold.
Early warnings are issued on a weekly (basic) or daily (premium) basis for the following:
BITCOINGOLDNASDAQ 100S&P 500FTSE 100DAX 40CAC 40
The service is offered under the Uniratings brand:
There…
Hedge funds are sitting on a record level of bearish bets on the stock market
Hedge funds are sitting on a record level of bearish bets on the stock market
Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022.
Brendan McDermid | Reuters
Hedge funds are getting increasingly skeptical about this big rally that broke out in the middle of a bear market.
Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and…
Stock futures are flat as S&P 500 wraps up best first quarter since 2019: Live updates
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Weekly jobless claims come in lower than expected
Weekly jobless claims came in lower than expected for the week ending on March 16, 2024.
Initial filings for unemployment insurance totaled 210,000. This was slightly lower than the 211,000 that economists polled by the Dow Jones expected.
— Lisa Kailai Han
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Walgreens dips after second-quarter report
Shares of Walgreens…