Goldman Sachs: Follow the ‘Smart Money’ Stocks

Investors tend to focus on stocks that hedge funds are buying. Or stocks that mutual funds are buying. But Goldman Sachs has found that it is the stocks that overlap both these categories that are delivering the strongest returns right now. “Great minds think alike,” Goldman Sachs’ David Kostin wrote in a report. “The median shared […]

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U.K.'s 50-Pound Note to Feature Enigma Code-Cracker Turing

Jul.15 — Alan Turing, code breaker and father of artificial intelligence, was chosen from almost 1,000 eligible nominations from the field of science as the face of the U.K.’s new polymer 50-pound note. Bloomberg Opinion columnist Alex Webb has the details on “Bloomberg Surveillance.” Webb’s opinions are his own.

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Why Serious Day Traders Need A Specialized Broker

The types of brokers that cater to day traders are very different than the types of brokers that many retail traders normally think of. Whereas retail investors are normally making long-term investments, day traders are starting and ending the day with no open positions – and placing a large volume of trades in the meantime. […]

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