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Our View We are seeing what happens when too many traders get too far offside on the short side. Combine that with portfolio managers and hedge funds that are underwater this year and you get what we’re seeing now: A vicious bear-market rally. I don’t know how or when this one will end, but these
Our View We are seeing what happens when too many traders get too far offside on the short side. Combine that with portfolio managers and hedge funds that are underwater this year and you get what we’re seeing now: A vicious bear-market rally. I don’t know how or when this one will end, but these
Our View No matter what anyone says, there has never been a time in history that the S&P moved so much. I was asking some traders that were in the S&P pit in the early 1980s about how big the ranges were and they said the SPU moved 2, maybe 3 points a day and
Our View No matter what anyone says, there has never been a time in history that the S&P moved so much. I was asking some traders that were in the S&P pit in the early 1980s about how big the ranges were and they said the SPU moved 2, maybe 3 points a day and
Our View The S&P has been killed in the lead-up to the FOMC event. It may get rough today with the FOMC Minutes due up at 2:00 ET. I didn't t