Amazon Plans to Protest Lost Cloud Computing Contract

Amazon plans to protest award of $10 billion cloud-computing contract to Microsoft

Amazon.com Inc. plans to protest the award last month of a 10-year, $10 billion Pentagon cloud- computing contract to Microsoft Corp. that many assumed would go to Amazon AMZN, +0.28% .

marketwatch.com/amazon-plans-protest-cloud-computing-contract

U.S. and China ‘getting close' to trade deal: White House economic adviser

WASHINGTON (Reuters) – The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war.

reuters.com/usa-trade-china-kudlow

Warren Buffett’s Berkshire Hathaway reveals new stake in furniture retailer RH, shares surge

Berkshire Hathaway owned 1.2 million shares of furniture retailer RH, formerly known as Restoration Hardware, at the end of the third quarter, according to a filing with the Securities and Exchange Commission.

cnbc.com/warren-buffett-furniture-retailer

How Professional Traders Determine the Correct Share Size

How do you determine share size per trade? Is it documented in a written trading plan?

Day trade and risk go together, it’s tough to say one without the other.

The problem for most new day traders is they never learn to adjust risk with volatility. A $500 risk is not the same in every stock or from day-to-day.

Stocks have different volatility, known as average true range. This is the amount price action fluctuates from high to low (on average). New traders should assess risk tolerance, capital and decision making ability and coordinate these resources with volatility.

The truth is, new day traders can’t handle faster, wider movements. They have not learned to make good decisions yet. They don’t have enough experience.

This is one of the top reasons talented day traders fail. They trade too much volatility too soon. They are focused on potential profits before learning how to handle risk.

CONTINUE READING == >

Pete Renzulli
 

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