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Dow 20K - It's All In Your Mind
Wednesday, December 21, 2016 - 3:50pm | 476Despite the approach of Christmas Day, the beginning of Hanukkah and the start of a new year, some investors are finding joy and excitement elsewhere: the Dow Jones Industrial Average. However, there are those who aren't in the same spirit, wondering what exactly is the true meaning of Dow 20...
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No More Paper
Sunday, May 29, 2016 - 5:04pm | 724Certain things for certain places leave an impression on you. For me, there is one thing from my time spent on the trading floor at the Chicago Mercantile Exchange from 1985–1992, that will never escape my mind: the paper. In other words, the tremendous of amount of excess paper that covered...
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Goldman: High Yield Selloff Won't Stabilize Until Oil Does
Monday, December 14, 2015 - 10:37am | 505Friday's trading session saw a large spike in high-yield ETF volumes, resulting in single-day record volume. Tim Anderson of TJM Investments said Friday's trading activity was also an exercise in "sell what you can, if not what you want to." Lotfi Karoui of Goldman Sachs noted that 2015 could be...
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Floor Trader: Why Goldman Is Wrong (Again) On $20 Oil Prediction
Monday, September 14, 2015 - 7:58am | 508Tim Anderson was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Crude oil prices are down substantially over the past 52 weeks. The United States Oil Fund LP (NYSE: USO) is down 57 percent, while the VelocityShares 3X Long Crude...
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3 Experts Weigh In Before Retail Sales Report
Wednesday, June 10, 2015 - 4:48pm | 603The U.S. Census Bureau will release its inflation-adjusted retail sales figures for the month of May tomorrow at 8:30 a.m. ET. Forecasts expect a 1.1 percent increase month-over-month. In April, retail sales were flat. Retail sales are considered the foremost indicator of consumer spending, which...
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If You Want To Be Bullish, Check Out Transportation, Says Pro Tim Anderson
Friday, April 24, 2015 - 4:34pm | 529Tim Anderson, managing director of MND Partners – a division of TJM Investments, told Benzinga that investors should keep an eye on the transportation sector. Anderson pointed out the recent price and volume action in CSX Corporation (NYSE: CSX) and Norfolk Southern Corp. (NYSE: NSC). A...
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Did Apple Just Time The Bond Market Nearly Perfect (Again)?
Tuesday, February 3, 2015 - 4:38pm | 205Apple Inc. (NASDAQ: AAPL) continues to hoard investors’ attention as it managed to raise a better-than-expected $6.5 billion through a corporate bond sale that took place on Monday. The idea behind this bond sale is funding share buybacks (about $130 billion by the end of 2015), while...
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Why This NYSE Floor Trader Is Warning Against Transocean
Tuesday, January 13, 2015 - 2:58pm | 488TJM Investments Managing Director Tim Anderson says the only oil stocks that are secure right now are big international ones. Names like Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), ConocoPhillips (NYSE: COP) and even BP plc (ADR) (NYSE: BP), which has the most exposure...
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Unusual Drop In Intel Due To Problems With Regulation NMS
Tuesday, October 14, 2014 - 2:25pm | 461TJM Investments Managing Director Tim Anderson told Benzinga that numerous people brought it to his attention when shares of Intel Corporation (NASDAQ: INTC) dropped from above the $32.50 level to $31.50 last Friday. Anderson joined Benzinga’s #PreMarket Prep to explain why he thinks...