Wall Street Warriors Season 1 Episode 2: Closing the Deal
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| Wall Street (Photo credit: Dan Nguyen @ New York City) |
Season 1 Episode 2
Wall Street Status:
The market is down after authorities discover a plot to bomb the Holland Tunnel
As Sandra works on closing a $500 million deal, a looming deadline may throw a wrench in her plans. Tim enjoys the commute from his bedroom to his living room, where he runs a successful hedge fund. Bob teaches about Wall Street practices in the pre-technology age, and Guy explains the necessity of getting in synch with the market’s rhythms.
Street Talk:
Scalping: A trading strategy that tries to make profits on small price moves
Specialists: Work on the floor of the Stock Exchange. If someone wants to sell a stock and there are no buyers present, specialists must buy according to federal law
Black Monday: The day of the stock market crash on October 19, 1987. On this day, specialists had to buy up the stocks that were rapidly sold, even if it meant borrowing money against their insurance policies or triple mortgaging their homes
Managers: Individuals on Wall Street who decide which securities to buy and sell
Season One features the following people:
Warrior/Nickname
Timothy Sykes The Start-Up
Alex Gerchik The Day Trader
Sandra Navidi The Deal Maker
Parker Quillen The Portfolio Manager
Jill DiLosa The Analyst
Guy De Chimay The Fund Manager
Bob Nunn The Specialist
