Oil Falls Back Below $30 With Brent Discount Biggest Since 2010 by Ben Sharples & Grant Smith Oil fell to a new 12-year low below $30 a barrel in New York, while the discount on global benchmark Brent reached a five-year high as Iran moved closer to restoring exports. West Texas Intermediate futures dropped as much as 5.8 percent in...
The one chart that may hold the truth about China by Stephanie Yang As China's stock market continues its roller-coaster ride into 2016, many market watchers are turning to an alternative measure to track what's going on in the world's second-largest economy. Rather than looking to stock prices or economic data, investors are focused the country's currency, the yuan. Attracting that...
That Giant Sucking Sound You Hear Is the ETF Options Market Options on exchange-traded funds are soaring. by Eric Balchunas & Tracy Alloway As investors rush to protect their portfolios in a tumultuous start to the year, odds are they will be using options on exchange-traded funds to do it. While much of the recent focus on the ETF phenomenon has...
2015 was the hardest year to make money in 78 years by Stephanie Yang It's been a really, really tough year for returns. According to data from Societe Generale, the best-performing asset class of 2015 has been stocks (SPX) (SPY), whose meager 2 percent total return (that is, including dividends) still surpasses those of long-term bonds (TLT), short-term Treasury bills and...
Here Are the Best- and Worst-Performing Assets of 2015 — From currencies to corporate bonds. by Julie Verhage As 2015 draws to a close, it's time to tally up the best- and worst-performing investments of the year. Here they are, in glorious and sometimes excruciating detail. Currencies While those going long the Somali Shilling saw nice returns in 2015, anyone who thought...
Price Headley, CEO & Founder of BigTrends.com, was on CNBC twice this week, including Closing Bell with Bill Griffeth and Sara Eisner, discussing his 2016 stock market outlook. The video link is here, beginning about the 40 second mark. Happy New Year, everyone!
The World's 10 Most Famous Traders Of All Time by Dan Blystone There are several famous former traders who moved on to different careers, such as John Key (Prime Minister of New Zealand) and Jimmy Wales (founder of Wikipedia). However, this list is made up of traders famous for being traders. The lives of the world's most famous traders are...
Citi Is Latest to Predict Modest Stock Gains in 2016 by Kristen Scholer Citigroup Inc. (C) is the latest bank to predict modest stock returns next year. In a note to clients this week, Citi’s U.S. equity strategist, Tobias Levkovich, said he sees the S&P 500 (SPX) (SPY) ending 2016 at 2200, 7.2% above where it recently traded at 2052.58. The bank wrote that subdued...
Share Repurchases Return to Growth in Q3 by Andrew Birstingl, FactSet Insight Information Technology Tops Buyback Spending; AAPL and MSFT Lead the Way Companies in the S&P 500 spent $156 billion on share buybacks during the third quarter. This represented a 16% boost in spending from the second quarter and a 6.4% increase from the year-ago quarter. The total dollar-value share...
Tech is going to rally like it's 1994: Technician by Stephanie Yang According to one technician, tech stocks are starting to look a lot like they did in 1994. The S&P 500 technology sector (XLK) has been one of the best-performing sectors of the year, up almost 8 percent compared to the flat broader market (SPY). And Ari Wald, head...
