From a modest stucco house in suburban west London, where jetliners roar overhead on their approach to Heathrow Airport, a small-time trader was about to play a hand in one of the most harrowing moments in Wall Street history. Navinder Singh Sarao was as anonymous as they come -- little more than a day trader by the standards of the Street. But on that spring day five years ago, U.S. authorities now say, Sarao helped send ...
Mark Minervini makes an interesting point: the market is like poker in that the most important element of success is knowing which game to sit in on. All too often, I find that traders in a slump focus on the hold 'em versus fold 'em choices of trading when, in fact, they're sitting at the wrong table. How can we sit at the wrong trading table? Several variations of this challenge immediately come to mind: * You're a momentum ...
In a special note to clients today, Goldman Sachs updates its outlook on EUR/USD and USD/JPY noticing that the latest messages form the ECB and BoJ seem to be 'lost in translation'. The following are the key points in GS' note along with its latest forecasts for EUR/USD and USD/JPY. 1- "When central banks are implementing QE – as the ECB and Bank of Japan clearly are – they deliver two basic messages. First, they comment on whether ...
= As the pace of Moore’s Law has slowed and shifted, every process node has become more difficult and complicated to achieve. The old days, where a simple die shrink automatically brought faster chips and lower power consumption, are now gone. Today, companies perform a die shrink (which makes most aspects of the chip perform worse, not better), and then find supplementary technologies ...
Earlier this year, ARM announced its Cortex-A72 — a new custom microarchitecture from the CPU designer that builds on and refines the 64-bit Cortex-A57. Ordinarily it takes up to 24 months for new ARM cores to come to market, after the company announces a new CPU design. But Qualcomm has*told us to expect Cortex-A72 cores by the end of the year. If true, that would make this one of the company’s fastest ...
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