Dangers 'Smart Money' And Thin Markets
6 months ago
2
What Could Go Wrong?
I hope nothing.
The late December equity markets produced relatively light volume.
Below is a racetrack lesson on a not particularly distinguished bunch of horses registered for an unimportant race.
Late in the betting period there is a sudden surge in betting on a specific horse for no apparent reason. The chatter in the grandstand is that it was caused by external bookmakers balancing their betting exposure on a given horse. The presumption being that the clients of the bookmakers “knew” something that improved its probabilities. This surge was labeled “smart money” by those at the track. Sometimes, but not always, the chosen bet wins.
Loading comments...
-
LIVE
The Quartering
6 hours agoTrump Biden Debate LIVE React, Fact Check Prizes & Games!
6,204 watching -
LIVE
Laura Loomer
2 hours agoEP55: LIVE COVERAGE OF THE FIRST PRESIDENTIAL DEBATE WITH LAURA LOOMER
2,860 watching -
DVR
Kim Iversen
2 hours agoFIGHT NIGHT! Will Trump Be An Ass and Will Biden Stroke Out?
4.86K11 -
LIVE
The Charlie Kirk Show
1 hour agoTHOUGHTCRIME Presidential Debate Special
6,180 watching -
LIVE
WeAreChange
2 hours agoCNN SUCKS Presidential Debate: Joe Biden vs Donald Trump w/ Roger Stone In Studio
1,777 watching -
1:27:55
Glenn Greenwald
3 hours agoCNN’s Kasie Hunt Has Humiliating Meltdown Ahead of Biden-Trump Debate; SCOTUS Protects Biden Administration's Social Media Censorship Program from Review | SYSTEM UPDATE #290
77.5K72 -
1:21:03
Donald Trump Jr.
10 hours agoDebate Day, Exclusive Interview with Glenn Beck | TRIGGERED Ep.149
122K223 -
1:20:59
Havoc
4 hours ago90's Vs. Now | Stuck Off The Realness Ep. 2
17.1K -
DVR
Roseanne Barr
3 hours agoDanger Close with Patrick Byrne Part 2 | The Roseanne Barr Podcast #54
71.2K18 -
LIVE
Akademiks
6 hours agoFoolio Murder about to be Solved?? Yungeen Ace RICO otw? Gunna vs Thug. Sexy Redd vs King von sis
5,546 watching