All aspects of the market could be on the verge of a major shakeup, and the greenback is the ultimate decision-maker here. ------------------------------------------------ Things aren't quite the way they're "supposed to be" for the market, but odds are good that will change sooner than later. Namely, stocks are rising, but bonds as well as commodities -- especially gold -- are rising as well. Generally speaking one or two should always be rising at the expense of the other one or two of those asset categories. As was noted though, things should be changing soon. The chart below tells the tale. In March and for the better part of April it looked like stocks were setting up a pullback... some "Sell in May" action. In fact, gold as well as bonds both started to rally then in anticipation of a flow of money from equities to at least one of the… more
Optimism about the potential for serious upside in the next few months appears to have dissipated almost completely. Strategist Stacey Gilbert says the "skew" between call option prices and put prices is the greatest it has ever been since 1990. For investors who remain bullish on stocks, speculating on market upside has never been cheaper. By Alex Rosenberg, CNBC Are... more
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.... more
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... more
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... more
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... more
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... more
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