The Chicago School of Trading

Week of February 1st, 2009 Well here we go again. Some overhyped rodent sticks his head out of a hole and pretends to be a prognosticator, but enough about your broker lets talk about Punxsatawney Phil. According to Phil’s official website (yes he has a website that I will not...

Week of January 25th, 2010 It was an old tradition on the trading floor. When there was a relatively quiet moment in the pit, someone would say something like “There having a raffle to raise money for this orphanage I help sometimes and I want all you guys to buy...

Week of January 4th, 2010 Our first column of this decade begins with a term that did not exist in the popular vernacular ten years ago: Webinar. What is a webinar? According to Wikipedia (which also wasn’t around ten years ago) a webinar is: ” a neologism to describe a...

Christmas, 2009 All of us at The Chicago School of Trading would like to wish everyone a great holiday season. 2009 was our first full year of operation and we have made great strides in bringing our knowledge to a new generation of traders. We would like to take this...

Week of November 23 – 30, 2009 The first Thanksgiving occured in 1621 in the Plymouth Colony in Massachussets when the Pilgrims invited the local Wampanoag Indians to dinner to celebrate a successful harvest and to thank the Wampanoag for not killing them. This is where our current Thanksgiving tradition...

Week of November 16 – 22, 2009 President Obama and other world leaders have long touted the new green economy. These are the new opportunities for entrepreneurs who provide Earth-friendly products and services that decrease our dependence on fossil fuels. Here are three recent news stories involving the growth of...

Week of November 8th, 2009 Today the world celebrates the 20th anniversary of the collapse of the Berlin Wall. Actually that sounds like there was an earthquake or something, and the wall came a tumbling down. What actually happened on November 9, 1989 was that the Communist East German government...

Week of November 2 – 8, 2009 Bang for Our Buck: -CIT, which took $2.3 billion in TARP money from federal government, filed for bankruptcy in New York. Goodbye $2.3 billion. -Ford Motor Company, which was the only one of the big three US automakers to not take TARP money...

October 29, 2009 Today is the 80th Anniversary of Black Tuesday. On October 29, 1929 the stock market, which had been falling for almost a week and had seemingly stabilized, crashed. As Variety put it in their famous headline, “Wall Street Lays an Egg”. We all know what happened after...

Week of October 25 – 31, 2009 Thanks to all of you who we talked to and got a chance to know at last week’s FIA Futures and Options Expo in Chicago. We got to meet a lot of interesting people who are doing a lot of interesting things in...