Resilience Has Been Markets' Answer to Terror Since 9/11 Attack by Aleksandra Gjorgievska European stocks pared losses and U.S. futures rebounded after a terror attack in France killed dozens of people, the latest display of market resilience in keeping with recent history. Over the past 15 years, financial-market reactions to terror have proven increasingly short-lived. At least 84 people died and...
Crude oil: The 'last ugly chapter' for prices is yet to come by Tom DiChristopher Commodity investors generally agree that the oil market is coming into balance, but huge stockpiles of fuel and teeming strategic Chinese crude inventories could send prices on one last, ugly slide lower, analysts tell CNBC. On Wednesday, oil futures were down more than 1 percent, following...
VIX, the market's fear gauge, plunges in historic one-week move by Alex Rosenberg The market's primary measure of fear has cratered, representing a dramatic turnabout in investors' emotional state. The CBOE Volatility index (VIX) (VXX) plunged 42 percent in the prior trading week, in the biggest one-week drop in the history of the index going back to 1990. The move came as markets...
Boring is beautiful this year, as the utilities sector surges skyward by Paayal Zaveri Utilities stocks (XLU) have surged so far this year, and some market analysts think the best may still be ahead. The S&P 500 utilities sector is up 21 percent in 2016, making utilities the best-performing sector as it outperforms the broader S&P by nearly 20 percent. What's most impressive,...
Gold Climbs to Two-Year High as UBS Sees Start Of New Bull Run UBS raises short-term target to $1,400/oz from $1,250 Investors seeking haven assets as Brexit vote hits markets by David Stringer Gold (GLD) climbed to a two-year high as investors sought a haven from the tumult in financial markets, with UBS Group AG saying bullion is probably at...
Goldman Expects The S&P 500 to Fall as Much as 10 Percent Before Ending the Year at 2100 by Julie Verhage According to Goldman Sachs Group Inc., now is not the time to buy stocks. In a new note from Chief U.S. Equity Strategist David Kostin and his team, the firm says it expects there to be a pullback of as much...
Technical Analysis: Four Basic Principles by Adam Grimes We have all seen so many lists of trading rules that we sort of become numb to them. Even if they contain good advice (“always respect your stops”), they are so omnipresent in the trading literature and on Internet forums that we probably don’t pay as much attention to them as we...
Don't expect the energy bounce to continue: Traders by Rebecca Ungarino Energy stocks were up in the just-ended second quarter, but experts say the rest of the year may not be so smooth. "Right now, the options market is really suggesting that we're going to likely take a breather here," said Stacey Gilbert, head of derivative strategy at Susquehanna. "Investors are...
Bulls vs bears: Two arguments for stocks in the second half by Fred Imbert Stocks have been flat for 18 months, but some market participants see potential upside in the second half despite many reasons to doubt the staying power of this weeks' gains. After Thursday's close, the Dow Jones industrial average and the S&P 500 were virtually unchanged for the year, having gained...
How Brexit Caught Investors and Oddsmakers Off Guard by Katherine Burton A London-based investor was on an airplane heading home on the night of June 23 when the pilot announced that the U.K. had voted to exit the European Union. Cheers went up in the back of the plane. The passengers sitting around him in business class groaned. The difference in reaction...
