The stock market has been rising of late because too much money is chasing too few opportunities, Mohamed El-Erian says. There's a hope in the stock market that the liquidity trade hands off to the reflation trade, he says. Such a move would play down the influence of central bank policies on the stock market, he adds. By Matthew J....
On Friday of last week, our Afternoon Channel Trader alert service recommended a bearish trade on Capital One Financial (COF). Specifically, the newsletter suggested the Capital One (COF) June monthly 87.5 puts (COF 170616P87.5), which expire on June 16th. Normally we don't divulge trades until they're entirely closed out. But, in light of the fact that we've already locked in...
On Friday of last week, our Afternoon Channel Trader alert service recommended a bearish trade on Capital One Financial (COF). Specifically, the newsletter suggested the Capital One (COF) June monthly 87.5 puts (COF 170616P87.5), which expire on June 16th. Normally we don't divulge trades until they're entirely closed out. But, in light of the fact that we've already locked in...
This weekend, the White House unveiled a deal that will facilitate the sale of $350 billion worth of arms and defense equipment to Saudi Arabia and other Middle East U.S. allies over the course of the next ten years. The news is clearly good for defense names like Lockheed Martin (LMT) and General Dynamics (GD), but also bodes well companies...
This weekend, the White House unveiled a deal that will facilitate the sale of $350 billion worth of arms and defense equipment to Saudi Arabia and other Middle East U.S. allies over the course of the next ten years. The news is clearly good for defense names like Lockheed Martin (LMT) and General Dynamics (GD), but also bodes well companies...
The market may have ended the week on a bullish note, but in the grand scheme of things that strong finish didn't negate Wednesday's heavy damage. That is to say, stocks still booked a loss of 0.4% for the week. Worse, the S&P 500 retreated from a key line it needed to hurdle on Friday if the rally was going...
The market may have ended the week on a bullish note, but in the grand scheme of things that strong finish didn't negate Wednesday's heavy damage. That is to say, stocks still booked a loss of 0.4% for the week. Worse, the S&P 500 retreated from a key line it needed to hurdle on Friday if the rally was going...
By Tom DiChristopher, CNBC U.S. crude surged above $50 a barrel for the first time in more than three weeks, as a report surfaced that OPEC members are considering cutting production more deeply to tackle a persistent supply glut that has weighed on prices. U.S. West Texas Intermediate crude futures for June delivery were more than 2 percent higher at...
By Tom DiChristopher, CNBC U.S. crude surged above $50 a barrel for the first time in more than three weeks, as a report surfaced that OPEC members are considering cutting production more deeply to tackle a persistent supply glut that has weighed on prices. U.S. West Texas Intermediate crude futures for June delivery were more than 2 percent higher at...
Friday's bounce for stocks is commendable, but not remarkable. We've still only reclaimed just a little more than half of what was lost with Wednesday's 1.8% drubbing, and the key indices — the S&P 500 in particular — remain below key technical lines in the sand. So far, we can only chalk Thursday's and Friday's gains up to a dead-cat...
