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Wall Streeters Seek an Edge Through Testosterone Treatments

via CNBC

Traders on Wall Street are always looking to get an edge and pull ahead, especially in this catch-a-falling knife market. The latest secret weapon isn’t some complex trade or computer algorithm, it’s something more primal — testosterone.

M.G. Mooij | Getty Images
I can take this kid!

Testosterone has been blamed for many a bar fight but some aging traders and executives — and aging on Wall Street means 30 and up — who feel these young kids breathing down their necks and the economic screws tightening, say boosting their testosterone levels has helped them get their edge back.

Testosterone levels in men tend to be anywhere from 150 to 850 nanograms per deciliter (ng/dL), depending on age and other factors. Testosterone levels typically start to decline after age 30. For some men, as they get older, those levels fall to 200 or below. “Low T” as its been branded, has been attributed to that sluggish feeling, muscle aches, belly fat, low stamina, low sex drive and lack of focus that many just attribute to the aging process.
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Netflix Makes a Comeback With Video

“Netflix has seen the amount of video its subscribers watch drastically increase over the past few months: In the fourth quarter, Netflix announced that it had topped 2 billion viewing hours during the three month period. Then, in June, it reached a billion viewing hours in that month alone. But what are viewers watching? According to research firm Nielsen, the growth in video viewing at the streaming provider coincides with an increase in the percentage of subscribers who are relying on Netflix to watch TV shows.”

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Boeing Announces a HUGE Order for 737s

“CHICAGO, July 12, 2012 /PRNewswire/ — Boeing (NYSE: BA) announced today an order by United Continental Holdings, Inc. (NYSE: UAL) and its wholly owned subsidiary, United Air Lines, Inc., for 150 737 airplanes, including 100 of the new 737 MAX 9. United, the world’s largest airline by traffic, is the latest carrier to choose the newest member of the 737 family, which today eclipsed 10,000 orders overall.

The deal, worth $14.7 billion at list prices, also includes 50 Next Generation 737-900ERs (Extended-Range).

“This order is a major step in building the world’s leading airline, and we look forward to offering our customers the modern features and reliability of new Boeing airplanes, while also making our fleet more fuel efficient and environmentally friendly,” said Jeff Smisek, United’s President and CEO. “New aircraft deliveries support our flexible fleet plan, permitting us to tailor future capacity up or down, based on changes in demand or other market conditions.”

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Wells Fargo to Settle Loan Probe for $125 Million

Does anyone see the continuity of settlements beefing up the wallets of government ? One could argue that this is ultimately tax payer money in a 3 card monte style game of paying settlements and not admitting to guilt or having anyone go to jail.

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How Sound is China’s Banking System ?

“Chinese banks shares were hit yesterday on the stock market, led by China Construction Bank (CCB), which fell by 2.95% in Hong Kong on the news that it is the biggest lender to Zhejiang Zhongjiang, which is going bust. Interestingly, three months ago we had a brief mention of Zhongjiang when one of its subsidiaries, Jinxing Property, filed for bankruptcy.”

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Burberry Opens Up Concerns Over the Higher End Consumer

It seems all levels of consumers are pulling back on spending as Burberry reported weaker sales this quarter. Burberry led to weaker retail stock performance in Europe that may spill over to U.S. retail stocks.

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Americans’ Confidence in Television News Drops to New Low

WASHINGTON, D.C. — Americans’ confidence in television news is at a new low by one percentage point, with 21% of adults expressing a great deal or quite a lot of confidence in it. This marks a decline from 27% last year and from 46% when Gallup started tracking confidence in television news in 1993.

Trend: Americans' Confidence in Television News

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Kayak Prices IPO Between $22-$25

“Kayak’s perpetually-delayed IPO finally moved forward today, as the company has officially announced it has priced its shares between $22 and $25, and will begin trading on the NASDAQ under the ticker symbol “KYAK.”

In the most recent SEC filing, the company said it’s going to offer 3.5 million shares, in a deal led by Morgan Stanley – Stanley’s first since the Facebook IPO. Other banks participating include Deutsche Bank, Piper Jaffray, Stifel Nicolaus and Pacific Crest.”

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