The short-vol trade is dead. Long live the short-vol trade.
Investors are discovering fresh ways to bet volatility across asset classes will tumble anew even as hawkish monetary policy, emerging-market turmoil and February’s vol-mageddon underscore headwinds to the complex trade.
ZTE Corp.’s shares cratered after it agreed to pay at least $1 billion in penalties and overhaul its management as part of a sweeping settlement agreement that allows it to resume business after a two-month hiatus.
China’s second-largest telecoms equipment maker fell as much
Shares of Wynn Resorts (WYNN ) experienced marginal gains on Monday, just one day before the company is scheduled to report its first quarter financial results. This climb is part of a larger 9% surge over the last four weeks, which might suggest that investors are expecting big things from the resort and casino giant in Q1.
Wynn looks like it could be set for even more changes on top after....More>>>
Source: ThinkstockFebruary 15, 2018: The S&P 500 closed up 1.2% at 2,731.22. The DJIA closed up 1.2% at 25,200.65. Separately, the Nasdaq was up 1.6% at 7,256.43.
Thursday was yet again another positive day for the U.S. markets. All three major indexes reached over 1% on the day, after briefly dipping into the red this morning. Crude oil continued its comeback adding another 1%. The S&P....More>>>
Anybody who has ever been to a financial adviser knows the drill. The adviser begins by asking you to fill out a questionnaire, aimed at getting at a key measure: your appetite for risk. By knowing how much risk youre able to tolerate, the adviser knows how much youre willing to lose to get where you want to go.
The adviser can then construct a portfolio that reflects your risk tolerance.
The marijuana revolution is taking over the country.
Eight states – Alaska, California, Colorado, Maine, Maryland, Massachusetts, Oregon, and Washington – and the District of Columbia have fully legalized possession of small amounts of marijuana for adults’ recreational use. An additional 13 states have decriminalized it. And 29 states, along with Puerto Rico and Guam,....More>>>
Teach your kids the concept of savings by using physical money and opening a saving account at a bank branch.
The world seemed much less complicated in the 1980’s when I pioneered the topic of teaching kids about money. By and large, consumers of that time used physical coins and bills to make purchases; digital currency in the form of credit cards was in its infancy. Today,....More>>>
Charlie Munger (Trades, Portfolio) is an investor and the business partner of the world’s most famous investor, Warren Buffett (Trades, Portfolio), but he is also among the rarified group that cleaned up during the financial crisis. The fountain of wit, wisdom and ice-cold discipline got into the market at its most despairing and quietly made a small fortune, primarily on banks, which he....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Commscope Holding Company Inc (NASDAQ:COMM) by 331.6% during the 1st quarter, Holdings Channel reports. The firm owned 25,510 shares of the communications equipment provider’s stock after buying an additional 19,600 s
Plantronics (NYSE: PLT) and Ciena (NYSE:CIEN) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership and di
Flinton Capital Management LLC lessened its position in Align Technology, Inc. (NASDAQ:ALGN) by 45.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 2,912 shares of the medical equipment provider’s stock after selling 2,380 shares during the period. Flinton Capital M