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July 18, 2024

How the “Smart Money” Profits

Hey, it’s Ross Givens here with the Chart of the Day. The five major Wall Street banks made nearly $15 billion in stock trading profits in the second quarter – 18% higher than last year. As a former VP at one of these banks, this doesn’t surprise me. They have the capital to move markets with their trades, leveraging not just their own money but also influencing their top clients’ trades. It’s not an even playing field, but knowing how the game is played can work to our advantage.

July 18, 2024 No Comments

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