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Wall Street Unplugged - What's Really Moving These Markets

Ep 342 Frankly Speaking: Stink Bids, Commercial Construction, Stop Losses and Gold

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.51.1K Ratings

🗓️ 28 August 2015

⏱️ 28 minutes

🧾️ Download transcript

Summary

We start today with a question from Mike who wants to know about creating limit orders with extremely low prices.  “Can you discuss more about this type of trading when the market has huge pullbacks”? The next is a comment from Pete who wants to let Frank know that the commercial construction in the Midwest. “ “It’s finally come-back and its going strong”. Bill wants to know if it’s time to get into gold shares? Paul wrote in to thank Frank for the he did on Monday when the market had its big pullback. Our last question today is about stop-losses. If like to know about Frank’s special discount offers just .   And don’t forget send in your questions

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.1

financial media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.8

right to you on Main Street.

0:14.0

How is it going out there?

0:17.0

It's Friday, August 28th.

0:19.0

I'm Frank Curzio hosted the Frankly Speaking Podcast

0:22.0

where I answer all your questions about the

0:23.7

market stocks economy sports anything else you want to throw at me I created this

0:28.6

podcast to answer more of your questions that you were sending me through my Wall Street

0:31.8

unplugged Podcasts,

0:33.6

the podcast I host every Wednesday.

0:35.6

If you have any questions you want answered,

0:37.4

to send an email at cursio1 at gmail.com,

0:40.2

be sure to put frankly speaking in the headline. You never know your question may be the one I read on this

0:45.1

podcast. Let's start with a question from Mike.

0:47.4

To say Frank, sometime over the years you mentioned the idea of creating limit orders with crazy low prices. Asia slumping, I put in a few last night, and they filled in the

0:56.5

open. I think when Mike says last night, I think this was on Sunday you sent me this email on Monday,

1:01.5

because I closed hours later for a 15 to 30% gain. It's amazing.

1:05.8

And I also got an email. It's going to relate to this from Alan. So today was a field day for

1:10.6

stink bids. Maybe you can discuss why they happen and also how to avoid

1:14.8

getting caught selling at an artificially low bid. I'm guessing some of the low-ball

1:18.8

morning bids came at the expense of people who had trailing stops entered with brokers or maybe market

...

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