About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
There is a different market, domestic and export market, they should find it and because they are not committed to returning currency because their activity is not an official activity. The basis of market prices and trading prices is actually the situation of the market. Big amin is the one who feels if there is no shortage in the market and i have to do it cheaply , they do it at a cheaper price than what the Exchange Rate is in the free market or in the Exchange Center, and the result is that there is the same amount of excess demand or speculative demand as in it is supplied to prevent the inflammation of the market from exports, which in the past years it has been doing more exports. In fact, what is prevented is that the market supplies whatever amount the merchant has. Our main producer does not export. He returns the value and returns it to the Exchange Center it should provide a multiple effect on the one hand, the trader likes to increase the price of the unofficial secret ma
Im anna edwards. Manus and im manus cranny. Algorithms abound in the market, smashed down 6 at its worst point today, but that is nothing. On the brexit day, we dropped by over 8 . We dropped by 6 and saw it come back to a decline of 1 , standard deviation. There they are. This is one standard deviation, two standard deviations. Has dropped by approximately one and a half standard deviations. Goldman sachs says there has been a big psychological break. That break of 120 changes the dynamic. On one platform, it traded down to 113. 78. Hollandether francois had something to do with it during a very low volume period of trading, that is something to consider. Lets start the risk radar around the pound and show you how we are recovering. The pound was selling against a number of currencies, not just the dollar. We have recovered a bit, that we are still down 1. 5 against the u. S. Dollar into down by 1 against the euro. We have seen is essential move, or the Great British selloff. Manus th
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I dont know, but i hope so. I know that for every mick jagger in the world, there are 10,000 musicians who are in the trenches and theyre all younger. Theyre all younger too. [laughter] and they depend on those royalties that theyre not getting. And, you know, lack of a performance royalty, ill just say this quickly, is kind of, its kind of a way of saying music should be free. If music should be free, im willing to have that discussion when musicians arent the only ones who arent being paid. And i really do want to hear from the broadcasters, too, because youve inherited your Business Model. You didnt create it. Your Companies Owners bought based on a value that we put in that when mr. Conyers and i try to change the law to a certain extempt, were taking away extent, were taking away value youve bought and paid for, and i want to be sensitive to everyone at the table has the red light has illuminated, so well hear from two witnesses, darrell. Whos most motivated to answer . Please. An