Stock trading today 1-11-17 _ gs goldman sachs news money laundering examples uk

Stock trading today 1-11-17 | wednesday edition

Wall street stocks on pause as investors wait for cue from trump

Merck, KB home could be active ahead of the open

U.S. Stock futures were treading water wednesday, as investors stayed on the sidelines ahead of a much-anticipated press conference from president-elect donald trump.

“if the press conference does not give direction to the markets, then this consolidation could continue to trump’s inauguration next friday,” said richard perry, market analyst at hantec markets, in a note.

Marketwatch.Com

China’s central bank launches spot checks on bitcoin exchanges

China’s central bank said on wednesday it launched spot checks on major bitcoin exchanges in beijing and shanghai, knocking the price of the cryptocurrency down by more than 6 percent.

The probe of bitcoin exchanges, including BTCC, huobi and okcoin, was to look into a range of possible rule violations, including market manipulation, money laundering and unauthorized financing, the people’s bank of china (PBOC) said.Money laundering examples uk it did not say if any violations had been found.

Reuters.Com

Shark tank’s kevin O’leary thinks we should ‘hail king trump’

“shark tank” star kevin O’leary senses a comeback for the U.S. Economy.

“I think the next five years are going to be just amazing, and ‘hail king trump’ is what I say,” O’leary said in a recent QA session at benzinga’s detroit office.

Asserting interest in fewer taxes and fewer regulations, O’leary expressed optimism about the U.S.’s developing economic climate.

Benzinga.Com

Volkswagen set to plead guilty and to pay U.S. $4.3 billion in deal

Volkswagen is on the verge of pleading guilty to criminal charges and paying $4.3 billion in fines, in a deal that would resolve a federal criminal investigation into its cheating on vehicle emissions tests, the automaker said on tuesday.

Nytimes.Com

U.S. Intelligence agencies have no clothes

At this point, pretty much everyone in america has seen the results of hillary clinton media pet, john harwood’s recent twitter poll.Money laundering examples uk

Https://twitter.Com/johnjharwood/status/817180166942298113?Ref src=twsrc%5etfw

The significance of the above cannot be overstated. U.S. Intelligence agencies, like so many other national institutions, have lost nearly all credibility in the eyes of the american public.

Zerohedge.Com

The obama bull market: A 140% jump in the dow

If donald trump is lucky, he may never be faced with a market crash as gruesome as the one that welcomed president barack obama when he first took office in 2009.

Money.Cnn.Com

Alibaba’s 1 million american jobs promise isn’t realistic

Alibaba founder jack ma met with donald trump monday and pledged to create one million jobs in the U.S. Over the next five years through the company’s e-commerce platform.

That is a vague and misleading promise.

Money.Cnn.Com

How to trade A stock after it hits an all-time high

The markets are in unchartered territory, and some of blue chips such as netflix, inc.Money laundering examples uk NFLX and berkshire hathaway inc. Are there too.

The euphoria of an index/stock hitting an all-time high usually triggers fears of a pullback (falling back of a price from its peak) or correction (a pullback quantified as at least 10 percent from the peak) or even a reversal (a positive or negative change against the prevailing trend).

Benzinga.Com

Goldman sachs could earn an extra $3 billion from a major trading rebound

FICC — trading business on wall street, and one bank stands to win big from it.

Goldman sachs could earn as much as $3 billion in additional revenues over the next two years, according to UBS analyst brennan hawken. In a recent note, he forecast a $15 billion recovery in FICC revenues for the bulge bracket firms, bringing the wallet back to 2011-2013 averages.

Goldman, being the best-positioned FICC franchise in hawken’s view, could stand to capture one-fifth of the revenue expansion.Money laundering examples uk

Businessinsider.Com why goldman sachs group inc (GS) could be about to take off

The months since the U.S. Presidential election have been a whirlwind for many stocks, and banks have been among the biggest beneficiaries.

But many of these financial names have also been taking a breather over the last few weeks. Among these is goldman sachs group inc (NYSE:GS) — which is up roughly 33% from its nov. 8 close, but has been stalling out in the $240-$245 region since early december.

Schaeffersresearch.Com