December 6, 2010
Hints on The Greatest Show on The Stock Market
The Stock Market is like a day at the horse races, the state fair, and the gorilla exhibit rolled into one occasion. Nearly per hour of everyday with the exception of some holidays the Stock Market is open somewhere globally.
The currency traders are the vampires of the Stock Market. Their work day begins in the wee hours of the night and ends often at the break of dawn. The commodity traders check headlines throughout the world in order to determine how the volatile futures market is going to play out for the day. If there is a natural disaster that impacts a commodity the commodity trader needs to take note. The commodity trader needs to factor in significant and occasionally obscure news events that might spur on or decrease the availability of a commodity. The commodity trader is a news junkie.
The greatest show on earth takes place on the trading floor. Orders come in and traders in the center stage quite often called the pit position the orders between collecting their thoughts and barking back to to the other performers. It is an astonishing feat thinking about the onerous task at hand and the surrounding circumstances. On some days some traders would prefer confront the ferocious lion than a day on the trading floor.
In the background unseen by the crowds is the order makers. The select members of the stock exchanges that have the privilege of front row seats, but prefer the private box seats. The stock broker and mega buck investor who can shift the mood of the day by a single block of buys or sells. The strategic player who can play the upside and the disadvantage of any news occasion or rumor and keeps the crowds coming back each day.
The stock analysts who determine based on graphs, moving averages and mathematical formulas the strategy for their investors. The analyst takes into account not only market news, but the probabilities of particular occasions impact on a unit or the entire market. The analyst is in a few ways like the fortune teller at the circus with a crystal ball armed with a Hewlett-Packard hand calculator.
The show wouldn’t be complete without the critics. The clever and learned group of commentators and writers who explain or elaborate on the days events. It is a dead ringer for the play by play announcer at a Jai Alai game The ball often times travels quicker than the words may be uttered from any human form of speech. This could explain why stock market commentators speak in fast forward fashion.
The Stock Market is the greatest show on earth and this could be explained by the very human trait of enjoying the art of the trade. It is the present day version of a day in the square with all of the smells, color and fanfare of a carnival where men and women communicate and get together to trade their wares. The Stock Market provides that ingredient of human existence that likes watching or taking part in an excellent trade.
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