According to currency traders in New York and Sampa, some fast money accounts were taking profits Monday.
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It may be that hot, fast money prefers liquidity to hard assets right now, especially if leverage is involved.
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Apple is the largest holding of hedge funds and other fast money traders.
It is typical for Wall Street to sell after an approval because the fast money has already been made.
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My guess is that the shares are now in the hands of a lot of arbitrageurs and the fast money crowd.
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And what does the fast money crowd do when the dollar rises?
But when Draghi cocked his arm in the last days of July, he scared the shorts into covering and the fast money into buying.
As a result, managers and HR professionals often believe the most effective way to get employees and reports to perform is to offer fast money.
She was an easy mark when a friend invited her to an April seminar held by a company called BigSmart.com that promised fast money on the Internet.
If my erstwhile acquaintance and his ex-editor advisor want to make big fast money, maybe they should be investing in a law firm specializing in the Net.
Fluffing a company, pushing the limits of regulations, hyping the public are time-tested roads to fast money, though of course they contribute nothing in terms of value creation.
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"People in it for fast money were looking for big pieces of land to grab so they could hang a sign and say they were a uranium company, " Adnani says.
"It's very much driven by a good story and fast money and momentum trading rather than a belief among the world's institutional investors or real-money investors that the weaker yen is sustainable, " Mr. Dehn said.
Google may be able to mitigate this by being very explicit in its press release but there is so much fast money that there could be some swings in the shares when the initial numbers hit analysts screens.
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The revival of Clifford Odets' "Golden Boy, " a play about a young man torn between his natural talent as a violinist and the fast money and fame of being a boxer, earned eight nominations, the most for any play.
To review, we must remember that the fast-money types have been shorting the dollar and buying commodities, stocks, etc with the proceeds.
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From a simplistic point of view, the fast-money types had taken risk out of their portfolios on Friday for fear of potential headline risk over the weekend.
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Thus, if a fundamental reason for the dollar to rally should emerge, there could be some fireworks in the buck as the fast-money rushes to cover their shorts.
While nobody but the fast-money crowd enjoys a range-bound market, the fact that there is still a fair amount of uncertainty on any number of topics appears to be keeping the indices from straying too far in either direction at the present time.
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But my point is that the current action smacks of the fast-money types rotating out of stocks like Rovi Corp ( ROVI) and Apple ( AAPL) (both of which I own in portfolios I manage) and into the former yawners such as Home Depot ( HD) and Wal-Mart ( WMT).
But when IT and medical products crashed in 2000, Firsthand began losing money fast.
Private equity firms have raised billions from eager investors and can't spend the money fast enough.
In that case you report the capital gains only as fast as the money comes in.
Some of their leeriness is cultural--a fast-talking money guy horning in on an insular society.
M2 velocity is a measure of how fast broadly defined money supply turns over each year.
Using this new-found talent, he made money fast, and was able to finance further dance studies in Tel Aviv and Guildford, south-west of London.
Investors believe the Fed will provide the fast, easy money.
That's because the value of the back-end tax reward compounds just as fast as the money in the savings account. (Reread the fourth paragraph in the introduction.) Barry R.
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