… The best part for investors
Finally the presentation gets to the best part, questions and answers. Q & A takes the rest of the hour, which is the length of a typical quarterly conference call.
In large companies, only analysts ask questions. Analysts are professional employees of brokerage houses that often have a financing business relationship
… carry less and less weight
when you can’t see it you can’t count it. That means we can no longer depend on any volume based analysis to give reliable and useful information about market activity. There has been much hand wringing by pundits over the declining reported volumes, but it is not hard …
… investors. But most important, we must understand how to deal with HFT.
To be clear and fair, this is not a blanket condemnation of HFT. Informed observers, reporters and analysts see computerized trading as useful. And as part of the market. Lesson 9 includes some useful, justifiable and legitimate HFT strategies. Those strategies do not …