GM doing business with Taxiservice Lyft

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General motors invests a total of $500 million in taxi service Lyft. Lyft is a service similar to the popular taxi service Uber and is one fastest growing taxi services in the US. The company announced Monday that they exchange the  capital injection from GM for 10% shares in Lyft. …

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Record year Passive Investment funds $347 Billion

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The year 2015 was a record year for passive investment funds. In total over the year $347 billion flowed in the exchange-traded funds or etf’s reports bloomberg  according to statistics from BlackRock This total exceeds the total of 2014, in that year funds gathered a total of $330 billion. BlackRock …

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Ackman Sells 5 Million Shares Valeant

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American Bill Ackman, CEO and fonder of the hedfund group Pershing Square Capital Management sells a 5,000,000 of his shares of the Canadian pharmacitucal company Valeant according to Reuters. The announcement comes short after the hospitalization of chairman and CEO of Valeant          

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What is Day trading?

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Day trading One thing you quickly learn as a day trader is that the only constant is change! As they say  “The trend is your best friend”. Which is true because for a day trader it doesn’t matter which way the stock goes, up or down as long as there …

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