Codywillard

Here’s (at least part of) what every serious investor and trader needs to know this weekend. Bill Gross Leaving Pimco for Janus: Bill Gross leaving Pimco is pretty big news in the Wall Street world. First thought is why doesn’t Bill just retire? He’s 70 years old and worth, literally, billions. Isn’t there more to life? Second, I’m sure nobody will ever discuss it really, but I wonder if the investigation into his bond-fund pricing mechanisms by the SEC made this decision easier for him. Bill Gross exit weighs on Treasury market: You’ve got to be kidding me that traders and investors in bonds actually base their buy and sell decisions on where Bill Gross is hanging his hat? That’s not a sustainable way to make money in the markets. Starboard is pushing Yahoo to join forces with AOL: I want to short Yahoo (YHOO), as I can hardly believe their lack of revenue growth during the last five years as mobile-ad growth has exploded and online ads have grown steadily. Maybe another few days of rally like this, and I