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2 Must-read Articles Examine Stock Market’s Flaws – Picture Is Not Good

By John S. Tobey

The flaws in the US stock market that caused the May 6 “flash crash” remain. These two articles bring troubling news. »

Wall Street Hits Air Pocket – Two Trading Lessons (Part 3)

By John S. Tobey

Actually, the title should read, “Two 1967 Trading Lessons Confirmed.” Thursday’s stock market gyrations reminded me of those still-valuable lessons learned 43 years ago as a result of one trade… »

Wall Street Hits Air Pocket – Two Must-See Videos (Part 2)

By John S. Tobey

No news is bad news. The lack of a clear, informed, logical report on Thursday’s air pocket shows that trading ran amok. Like those science fiction films where the machines take over, the stock exchanges became simply arenas in which the automatons could wreak havoc. This is not to say that we should sell... »

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