From the NYSE site : Click on the blue Top 15 Most Active A Pdf formatted link will come up. Notable: Goldman traded 1 billion shares of program trading this week. 928 million shares was prop. 130 million was customer business. This is huge market moving program trading. Interesting. The game has changed. Is anyone watching this? (more…)

GSCO upgrading BAC is kind of like Ted Kennedy endorsing John Kerry. Or Rush plugging Hannity. Or George Soros endorsing Al Franken. Or Donald Trump describing the beauty of Mar-a-Lago. No. Just let me know when Meredith upgrades Bank of America instead, thank you very much… (more…)