- Apr 30, 2011
- 10,915
- 2,735
Are/were you holding? What are you gonna do with it if you're still holding?
OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT
- Thread in 'General' Thread starter Started by dey know yayo,
- Start date
Are/were you holding? What are you gonna do with it if you're still holding?
- Apr 4, 2003
- 4,984
- 39
Bought HIMX a couple days ago at $5.68
- May 14, 2001
- 1,784
- 355
LITB, had a trade the day it gapped over 18. made a few bucks there.. I was liking the chart longer term though. Glad I didn't get a 50% or more haircut lol
SFM up on earnings. This is going to be on my radar tomorrow. Like a long over 40.25 for a trade
CRAZY nasdaq down for 2 hours.
"@CNBC: BREAKING: Nasdaq says trading halt occurred to protect the integrity of the markets"
All speculation at this point but a good point is made in the article. Coming from an IT background.. this could have been a DoS attack on nasdaq
http://www.usatoday.com/story/cyber...igns-with--denial-of-service-attacks/2687323/
SEATTLE — Officials for the moment say they cannot pinpoint anything malicious about the extraordinary outage of the Nasdaq stock exchange earlier today.
But the incident had all the earmarks of the three waves of denial-of-service attacks that have bedeviled U.S. financial institutions, including stock brokerages, since last September.
An Iranian hacking collective — Cyber Fighters of Izz ad-Din al-Qassam — has claimed credit for orchestrating sophisticated attacks that have overwhelmed the expensive security systems U.S. banks have put into place to keep their online banking services up and secure.
"My first thought is that it is a denial-of-service attack, but I'm not sure," says Gartner banking security analyst Avivah Litan. "It's a very attractive target. It's very visible, and that's what these Iranian state attacks are all about, making a political statement by disrupting a visible website."
Video: Anatomy of a distributed denial of service attack
More recently, a copycat group of profit-minded hackers has conducted denial-of-service attacks against certain U.S. banks as a smoke screen to divert attention while they execute an Ocean's 11-style wire transfer fraud.
Litan earlier this month blogged about that caper. These bad guys, she says, set into motion sophisticated denial-of-service attacks that overwhelmed pretty sturdy bank network security. While tech staff labored manually to get the banks' websites back into service, the crooks scrambled behind the scenes to extract funds from a bank employee's privileged account, which they had gained access to.
Instead of getting into one customer account at a time, the criminals used the employee's account to control the master payment switch for wire transfers, and moved as much money as they could from as many accounts as possible for as long as possible, Litan reports.
"Considerable financial damage has resulted from these attacks," says Litan.
However, Litan says those copycats would have a considerably harder time trying to extract funds from a stock exchange, where funds move about in a highly complex process understood only by stock market tech gurus.
It's more plausible that the Iranian ideological hackers would be behind a disruption of Nasdaq, like the three-hour outage that began shortly after noon, Eastern time, Litan reasons.
The first wave of denial-of-service attacks attributed to the Cyber Fighters of Izz ad-Din al-Qassam began last September and lasted about six weeks. Knocked offline for various periods of time were Wells Fargo, U.S. Bank, Bank of America, JPMorgan Chase & Co. and PNC Bank.
The second wave commenced in December and lasted seven weeks, knocking out mid-tier banks and credit unions.
And a third wave of high-powered denial-of-service attacks commenced in March targeting credit card companies and financial brokerages.
"I don't have any inside knowledge, but I think this one (Nasdaq) is political, as well," Litan says.
Nasdaq has been hit by hackers before. In 2011, the FBI disclosed that they discovered suspicious files lurking in a server supporting Nasdaq's Directors Desk, a cloud-based collaboration service for company board members and senior executives.
Hackers often embed such files to snoop for valuable data, in this case possibly to gain information to make trades using insider knowledge.
Nasdaq at the time issued a statement saying "there is no evidence that any Directors Desk customer information was accessed or acquired by hackers."
However, it typically takes weeks to months for forensics experts to unravel where expert hackers have roamed in a breached network.
Security experts also note that brokerage Goldman Sachs reported a startling Internet-related glitch on Tuesday.
The giant brokerage house reported a system programming error that set incorrect price limits and selling algorithms affecting contracts for companies such as JPMorgan Chase & Co., Johnson & Johnson and Kellogg Co., according to Reuters.
The timing of today's Nasdaq outage -- occurring within 48 hours of the Goldman Sachs glitch -- strikes Roel Schouwenberg, senior researcher at Kaspersky Lab, as peculiar.
"It's definitely possible that either cybercriminals or hacktivists were responsible for either of these incidents," Schouwenberg says. "So that means it could either be an operation which is financially motivated or an operation which is aimed at sabotage. However, this is speculation. These could all just be glitches of sorts, but the timing is definitely strange."
Sean Sullivan, a security adviser at F-Secure, concurs.
"Well, so far this week there's been a computer error that caused Goldman Sachs to sell options for a dollar, and now this," Sullivan observes. "It really, really makes me wonder about the undisclosed details surrounding the Nasdaq forum hack."
But the incident had all the earmarks of the three waves of denial-of-service attacks that have bedeviled U.S. financial institutions, including stock brokerages, since last September.
An Iranian hacking collective — Cyber Fighters of Izz ad-Din al-Qassam — has claimed credit for orchestrating sophisticated attacks that have overwhelmed the expensive security systems U.S. banks have put into place to keep their online banking services up and secure.
"My first thought is that it is a denial-of-service attack, but I'm not sure," says Gartner banking security analyst Avivah Litan. "It's a very attractive target. It's very visible, and that's what these Iranian state attacks are all about, making a political statement by disrupting a visible website."
Video: Anatomy of a distributed denial of service attack
More recently, a copycat group of profit-minded hackers has conducted denial-of-service attacks against certain U.S. banks as a smoke screen to divert attention while they execute an Ocean's 11-style wire transfer fraud.
Litan earlier this month blogged about that caper. These bad guys, she says, set into motion sophisticated denial-of-service attacks that overwhelmed pretty sturdy bank network security. While tech staff labored manually to get the banks' websites back into service, the crooks scrambled behind the scenes to extract funds from a bank employee's privileged account, which they had gained access to.
Instead of getting into one customer account at a time, the criminals used the employee's account to control the master payment switch for wire transfers, and moved as much money as they could from as many accounts as possible for as long as possible, Litan reports.
"Considerable financial damage has resulted from these attacks," says Litan.
However, Litan says those copycats would have a considerably harder time trying to extract funds from a stock exchange, where funds move about in a highly complex process understood only by stock market tech gurus.
It's more plausible that the Iranian ideological hackers would be behind a disruption of Nasdaq, like the three-hour outage that began shortly after noon, Eastern time, Litan reasons.
The first wave of denial-of-service attacks attributed to the Cyber Fighters of Izz ad-Din al-Qassam began last September and lasted about six weeks. Knocked offline for various periods of time were Wells Fargo, U.S. Bank, Bank of America, JPMorgan Chase & Co. and PNC Bank.
The second wave commenced in December and lasted seven weeks, knocking out mid-tier banks and credit unions.
And a third wave of high-powered denial-of-service attacks commenced in March targeting credit card companies and financial brokerages.
"I don't have any inside knowledge, but I think this one (Nasdaq) is political, as well," Litan says.
Nasdaq has been hit by hackers before. In 2011, the FBI disclosed that they discovered suspicious files lurking in a server supporting Nasdaq's Directors Desk, a cloud-based collaboration service for company board members and senior executives.
Hackers often embed such files to snoop for valuable data, in this case possibly to gain information to make trades using insider knowledge.
Nasdaq at the time issued a statement saying "there is no evidence that any Directors Desk customer information was accessed or acquired by hackers."
However, it typically takes weeks to months for forensics experts to unravel where expert hackers have roamed in a breached network.
Security experts also note that brokerage Goldman Sachs reported a startling Internet-related glitch on Tuesday.
The giant brokerage house reported a system programming error that set incorrect price limits and selling algorithms affecting contracts for companies such as JPMorgan Chase & Co., Johnson & Johnson and Kellogg Co., according to Reuters.
The timing of today's Nasdaq outage -- occurring within 48 hours of the Goldman Sachs glitch -- strikes Roel Schouwenberg, senior researcher at Kaspersky Lab, as peculiar.
"It's definitely possible that either cybercriminals or hacktivists were responsible for either of these incidents," Schouwenberg says. "So that means it could either be an operation which is financially motivated or an operation which is aimed at sabotage. However, this is speculation. These could all just be glitches of sorts, but the timing is definitely strange."
Sean Sullivan, a security adviser at F-Secure, concurs.
"Well, so far this week there's been a computer error that caused Goldman Sachs to sell options for a dollar, and now this," Sullivan observes. "It really, really makes me wonder about the undisclosed details surrounding the Nasdaq forum hack."
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- May 31, 2003
- 1,010
- 230
Well I made back all the money i lost 2 weeks ago.
Home depot pissed me off though, beat earnings estimates yet still dropped. Lowes beats estimates but jumps higher, what am i missing?
Home depot pissed me off though, beat earnings estimates yet still dropped. Lowes beats estimates but jumps higher, what am i missing?
- May 31, 2003
- 1,010
- 230
Ahh i see, thanks for the explanation, i should do more research.
- Sep 28, 2003
- 28,232
- 12,585
FB wow
- Aug 15, 2004
- 1,260
- 365
Gold is headef back up. Get on the train while its still cheap.
I'm long on AUY
I'm long on AUY
- Aug 15, 2004
- 1,260
- 365
And TSLA smh
- Apr 30, 2011
- 10,915
- 2,735
And NFLX
Watched FB climb from $36
Watched TSLA climb from $133
Watched NFLX climb from $210
I hate myself
- Sep 28, 2003
- 28,232
- 12,585
Looking for LNKD to make new high.
- Oct 10, 2005
- 21,569
- 12,405
- Sep 28, 2003
- 28,232
- 12,585
My advice was to not buy the IPO when everyone wanted to throw money hand over fist. Then a few weeks ago, I gave you guys a heads up but most seemed uninterested. 
- Oct 10, 2005
- 21,569
- 12,405
I usually check out whatever you guys are saying, but I had to take a break from the market when my school work started piling up last semester and haven't gotten back in sinceMy advice was to not buy the IPO when everyone wanted to throw money hand over fist. Then a few weeks ago, I gave you guys a heads up but most seemed uninterested.
- Apr 30, 2011
- 10,915
- 2,735
My heart hurts 
- Jul 26, 2002
- 249
- 44
Huge gains over the last two years by the big boys - Starbucks, Ford, U.S. Airways, BofA, etc. have all doubled. Safe to say that I feel dumb. Can/will the market keep it up?
- Sep 28, 2003
- 28,232
- 12,585
get money
- Apr 30, 2011
- 10,915
- 2,735
Good day today except for AAPL trading pretty much flat.
What's the general consensus on playing LULU with earnings on Sep 2? Thinking of just dropping it while I'm up a few bucks.
$F should be good money with earnings on Sep 4 I would think.
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gold st capital
Banned
- Jul 18, 2012
- 829
- 314
how are you guys playing the syria crisis?
- May 31, 2003
- 1,010
- 230
Oil etf's
- Sep 28, 2003
- 28,232
- 12,585
Nobody cares about oil, we have TSLA.
- Jun 1, 2008
- 38,406
- 7,519
Still money to be made in oil
- Sep 28, 2003
- 28,232
- 12,585
My sarcasm went over your head.
- Jun 1, 2008
- 38,406
- 7,519
It didn't fam, just saying.
- Oct 1, 2011
- 5,686
- 529
I placed a call option on SIRI Jan2015 at $4 for 1 contract....I'm pretty bullish on this one but I just wanted to test the waters on options (only cost ~50$)....but just so I'm sure how this works, hypothetically if the price (currently at 3.62) jumps up to $6.45 in say March 2014....I can immediately exercise the option and lock in the profits right?
So if I exercised it at the $6.45 price, do I then turn around and sell those 100 shares to get the additional money? Is that how you make the money on options? Sorry if this is a reakl basic question for the experienced guys, I just want to make sure I know how it works.
So if I exercised it at the $6.45 price, do I then turn around and sell those 100 shares to get the additional money? Is that how you make the money on options? Sorry if this is a reakl basic question for the experienced guys, I just want to make sure I know how it works.
