getting out of the #funk

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via http://lizprincepower.com

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I like this idea #VC #twitter $$

Chispas

 

I hardly remember how I run into this company, but It clicked on -what seems to me- a good idea: it basically becomes a broker of advertisement that connects independednt publishers with advertiser in order to monetize their social media presence.

Will be following this company from now since I think the have found a great market and would like to learn more from them

Answer: Very quick… #HFT

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Trading floors were once the preserve of adrenalin-fuelled dealers aggressively executing the orders of brokers who relied on research, experience and gut instinct to decide where best to invest.

Long ago computers made dealers redundant, yet brokers and their ilk have remained the masters of the investment universe, free to buy and sell wherever they see fit.

But the last bastion of the old order is now under threat.

Investment decisions are no longer being made by financiers, but increasingly by PhD mathematicians and the immensely complex computer programs they devise.

the bug of understanding the inner works of HFT is getting to me, as I´ve found some more interesting material in this chronicle by the BBC on regards to some more aspects of the HFT Business.

 

 

Gettin??around $ZIP

Zip2
Zip5Zipp

Following up on the weekend post (dec. 23) where I covered zipcar.com, it provided a good move along with the rally experienced yesterday in the US Market. It gained 4.58% for the day.

The move tagged the 20EMA -which offered resistance-$19.25- Ultimately -provided the bullish action persists- the target would be the 50EMA, which has previously worked as resistanceover the last 2 months.

It is importante to note, that yesterday´s move left a 0.50 cent gap, which depending on the price has to be eyed if no continuation is developed.

On the “fundamental” side: finviz reports it has a high institutional ownership (almost 40%), which I have to say it was suprising to me -might it become a new market leader?

Shortsqueeze.com reports it has 15.8 “days to cover”, while finviz 13.2. Regardless of the difference, this implies that it will take aprox. 2 weeks or nearly 3 trading weeks to cover the entire float, which will surely add spark to the bull case.

Getaround $ZIP

Z

 Zipcar is a  company where you can can reservecars online or by phone, 24 hours a day, seven days a week. Reservations can be made minutes up to a year in advance and the advantage is that memeber´s can rent cars either billable by the hour or by day. Zipcar broke thru the traditional rental-car companies, by providing an easy-to-use and flexible alternative at a competitive rate in easily accessible locations. The company has expanded from its early days in San francisco to more than 20 areas in the US,Canada and the UK.

It went public in early April at a price range of $14-16. This week it broke support in the low 17´s range as it is nearing the bottom of the trendline. It also has showed relative strenght today, gaining almost 5%. I would keep a close eye on it, provided the market ignites a little rally.

Following this idea, I´ve found the folks at Getaround.com – similary to ZIP, it offers the possibility to its members to rent a car by the hour. What it set it aside from it, is that instead of renting a car from the company´s fleet, the member actually rents it from another nearby member of the community. They have developed their on iPhone app where you can locate, rent from the palm of your hand, instantly.

I wonder if we will be seeing an IPO in a not too distant future?

Next Week??s Tape $SPY $SPX $ES_F #market

Erik-estrada-and-verne-troyer-0001

Monday

German Ifo sentiment data

St. Louis Fed President James Bullard speaks

Fed Governor Sarah Bloom Raskin speaks

Minneapolis Fed President Narayana Kockerlakota speaks

Chicago Fed National Activity Index for August

New home sales for August

Dallas Fed index for September

Tuesday

Case-Shiller Home Price Index for July

Consumer Confidence for September

Richmond Fed index for September

Atlanta Fed President Dennis Lockhart speaks

Wednesday

Bank of England financial policy committee statement

Fed Chairman Ben Bernanke speaks

Kansas City Fed President Thomas Hoenig speaks

Boston Fed President Eric Rosengren speaks

Durable Goods Orders for August

Treasury auctions 5-year notes

Thursday

Eurozone confidence indexes

German parliament votes on expanding eurozone bailout fund

Jobless claims

Philadelphia Fed President Charles Plosser speaks

Boston Fed President Eric Rosengren speaks

Second-quarter GDP, second revision

Pending Home Sales index for August

Friday

Personal income and spending for August

Chicago ISM for September

Michigan consumer sentiment for September

St. Louis Fed President James Bullard speaks again

Earnings:

Monday

None

Tuesday

Paychex

Walgreen

Jabil Circuit

Wednesday

Family Dollar

McCormick

Micron Technology

Darden Restaurants

Thursday and Friday

None

HT to marketbeat