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The New Market Leverage

From Peter Tchir of TF Market Advisors

The New Market Leverage

Mark to market and monthly hedge fund returns are the new leverage.  So many of the old measures or guides to “leverage” in the system are just outdated.  You can get some stock exchange data on net margin, but how useful is that when so many ETF’s exist.  If people are margining SH (inverse SPY), what does [...]

Are You Really Protected From Another Flash Crash?

by Themis Trading

Pop Quiz:  Let’ s suppose, hypothetically, you are  trading a non-Russell 1000 stock.  All of the sudden, out of nowhere, the network at a major exchange is hacked by some foreign intruders.  Data becomes corrupted and the high freak “liquidity providers” head for the exits as fast as they can.  Stop limits are being triggered everywhere and the phantom bids that represent today’s [...]