First Read Hits & Takes John Lothian & JLN Staff The long-standing “pattern day trader” (PDT) rule, created in 2001 to limit risky, rapid trading after the dot-com crash, is being eliminated, allowing retail investors to trade stocks and options more freely without maintaining the $25,000 minimum balance previously required for frequent, same-day trades on […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff CBS News fired veteran “60 Minutes” correspondent Scott Pelley on Tuesday after he publicly accused new Editor-in-Chief Bari Weiss of “murdering” the show and challenged incoming executive producer Nick Bilton’s qualifications at a staff meeting. Pelley — a 37-year network veteran — said that CBS […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff There is an interesting market structure, price discovery, index inclusion, and exchange rules video from the More Perfect Union newsroom, a video-first non-profit progressive media organization founded by Faiz Shakir in February of 2021. Shakir, a former senior advisor to Bernie Sanders, set the primary […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff We have upgraded the JLN Newsletter! You will notice there is now a table of contents just to the left of this note, listing our subsections. If you have an e-mail client that supports this, you can click on a section in the list and […]
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