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
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-514451378&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/514451378/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Company logo of Apple on an Apple store in Manhattan on February 25, 2016 in New York, United States of America. (Photo by Thomas Trutschel/Photothek via Getty Images)
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore....More>>>
Whole Foods Market, Inc. (NASDAQ:WFM) shares are surging higher on Monday on reports that grocery chain Albertsons is exploring a takeover bid. WFM stock is up roughly 3%, capping a 20%-plus rise out of its March low.
Albertsons is owned by private-equity firm Cerberus Capital Management, who reportedly held preliminary talks with bankers on an offer, according to Financial Times.
Although physical gold has been hailed as a great long-term investment and hedge against inflation, the best gold miner to invest in can offer even better returns than the precious metal itself. Gold mining stocks are outperforming the spot price of gold so far in 2017 by a wide margin.
Video3 Catalysts That Will Boost Gold Prices in 2017
U.S. equities finished mostly higher on Wednesday, with large caps stronger and small caps weaker, following the Federal Reserve’s latest policy announcement.
In the end, the Dow Jones Industrial Average gained 0.5%, the S&P 500 gained a fraction, the Nasdaq Composite gained 0.2% and the Russell 2000 lost 0.6%. Treasury bonds were stronger, the dollar weakened notably, gold lost....More>>>
The "game of catch-up" just kicked into overdrive… On July 11, the benchmark S&P 500 Index broke out to an all-time high. That day, I showed my DailyWealth Trader subscribers that after the S&P 500 hits its first all-time highs in at least a year, it nearly always (92% of the time) continues higher. And its average gains over the following 12 months are far....More>>>
Crude prices crumbled on Wednesday, closing more than 5% down to around $50 per barrel, after oil inventories jumped to a new record. Overall, crude stockpiles rose by 8.2 million barrels, according to the latest data from the U.S. Energy Information Administration, which was well above the analyst consensus for a 1.97 million-barrel increase. It was the ninth straight weekly....More>>>
On Friday, four out of ten of the worst performing small cap stocks had double digit losses due to announcing public stock offerings:
Medical device stock Transenterix Inc (NYSEMKT: TRXC) sank 40.37% after announcing a $24.9 million offeringand the pricing of its public offering of units, each consisting of one share of the Companys common stock, one Series A warrant to purchase one share....More>>>
News coverage about Benefitfocus (NASDAQ:BNFT) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies
Press coverage about Tapestry (NYSE:TPR) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale
Home Bancshares Inc (NASDAQ:HOMB) saw an uptick in trading volume on Friday . 3,045,400 shares were traded during trading, an increase of 269% from the previous session’s volume of 825,553 shares.The stock last traded at $22.76 and had previously closed at $22.71.
A little-known Office of Management and Budget official is President Donald Trump’s leading candidate to become permanent director of the Consumer Financial Protection Bureau, according to four people with knowledge of the matter.
If approved by the Senate, Kathy Kraninger would suc
Fitbit (NYSE:FIT) stock has surged more than 35% over the past couple of weeks. A slew of much-needed good news has been released, offering relief for shareholders after results from the first quarter of 2018 failed to impress. While recent events may be the proof many investors have been lookin