|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||38.00 - 39.29|
|52 Week Range||25.85 - 53.82|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||N/A|
|Expense Ratio (net)||N/A|
The New York Federal Reserve's recession indicator now stands at 24%, indicating the average spread between the 13-month Treasury Bill and the 10-Year Treasury Note have compressed to levels seen in advance of certain prior recessions. Separately, Yahoo Finance's Julia La Roche interviewed Jeffrey Gundlach, who said his recession indicators are flashing yellow-green. Yahoo Finance's Alexis Christoforous and Jared Blikre break it down. Read Julia's article here.
The recent market darlings -- the FAANG stocks -- are either in bear market territory or right on the cusp. Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google's Alphabet (GOOGL) are all down 20 percent or more from their 1 year high. But Apple is holding on by a slim margin. The stock would need to close at 185.65 or below ... to officially be in bear territory. The Dow has had a rough month. It has already lost more than 12-hundred points from its November high just 11 days ago. Yahoo Finance's editor-in-chief Andy Serwer and Jared Blikre join Alexis Christoforous to break down the latest market action.
A popular product linked to the VIX volatility index ceases trading near the end of January, but a new alternative has been launched.
The Cboe Volatility Index, or the VIX, has closed above the 15 level for 72 straight days, the fifth-longest streak on record. But few seem to have noticed.
With stock market volatility ramping up in recent months, the idea of trading options might seem intimidating. Benzinga sat down with Todd Salamone, Senior Vice President at Schaeffer's Investment Research, to discuss his best tips for new traders, how to play high volatility, and why education is the key. Benzinga: Does market volatility affect the type of research that is provided for investors?
Two popular exchange traded notes that tracks CBOE Volatility Index, or VIX, futures are set to mature. Barclays Bank PLC, the underwriting bank behind the line of iPath ETNs, recently highlighted the upcoming maturity of the iPath S&P 500 VIX Short Term Futures ETN (VXX) and iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) , which are scheduled to mature in January 30, 2019. "The Closing Indicative Value (the 'CIV') on the final valuation date (January 29, 2019) for each of the Maturing ETNs would be the final cash settlement value received by holders of record on the final redemption date," according to a Barclays note.
Klarman oversees the $27-billion hedge fund Baupost Group and said in a letter seen by New York Times' Andrew Ross Sorkin that the growing political and social divide worldwide could usher in an economic disaster. Commenting on Klarman's letter to Sorkin — who also co-hosts CNBC's "Squawk Box" — billionaire investor Ray Dalio said concerning global trends have yet to become a "factor in terms of creating disruptions" in the stock market.
Traders can capitalize on volatility spikes in the equity market, like the wild price swings seen in February and December last year, by using exchange-traded funds (ETFs) that broadly track the Chicago Board Options Exchange (CBOE) Volatility Index (VIX).
Goldman Sachs noted that rising volatility (VXX) and the potential for an additional sell-off in equities makes it bullish on gold despite the higher interest rate outlook. In a report published on November 26, Goldman Sachs reiterated its positive views on commodities, especially oil (USO) and gold. Goldman Sachs expected slower US growth to benefit gold since its appeal as a safe-haven asset increases.
Barclays Bank PLC (“Barclays”) provided further guidance today around the upcoming maturity of the iPath® S&P 500® VIX Short-Term Futures™ ETNs (VXX) and the iPath® S&P 500® VIX Mid-Term Futures™ ETNs (VXZ) (together, the “Maturing ETNs”). Barclays had previously announced the listing of the iPath® Series B S&P 500® VIX Short-Term Futures™ ETNs (VXXB) and the iPath® Series B S&P 500® VIX Mid-Term Futures™ ETNs (VXZB) (together, the “New ETNs”) on January 4, 2018.
Bank of America Merrill Lynch (BAML) is overweight on precious metals going into 2019. In its preview for 2019, BAML strategist Michael Widmer and his team noted that the market is close to extremely bearish on the metal. BAML uses four variables to forecast gold prices (GLD)(JNUG): the US dollar (UUP), US real interest rates (TLT), cross-asset volatility (VIX), and oil prices (USO).
Honing in on dollar volume ETFs will reveal the true picture of liquidity. We have highlighted 10 ETFs that have seen higher dollar volume this year.
The extended bouts of volatility this year has been a boon for volatility-related exchange traded funds as the CBOE Volatility Index, or so-called VIX, remained elevated for much of the year. The CBOE Volatility index was trading around a 30.1 reading Wednesday and hovered around its historical average of a 20 reading ever since the markets tanked at the start of October. In comparison, the VIX traded below the 10 level at the end of 2018, marking 2017 as one of the least volatile years in decades.
Volatility (VXX) has made a comeback in the markets this year after a prolonged calm. October’s elevated volatility sent equity markets into a tailspin. US–China (FXI) trade tensions, slowing global economic growth, the Fed’s latest rate hike and policy outlook, and the government shutdown have been major sources of volatility for US markets lately.
The Dow Jones Industrial Average ended Friday's trading session with a sleigh ride of volatility following a 400-point loss, effectively putting the Dow in the red 9.20 percent year-to-date. The S&P 500 is also down 9.61 percent, while the Nasdaq Composite has shed 8.26 percent through Friday's session. The losses have been a recurring theme for U.S. equities, but three exchange-traded products (ETPs) have been benefitting from the increased bouts of volatility. 1.
In a year market by market volatility, it is not a surprise to find that some of the best performing ETFs of 2018 are not the typical stock market categories of yesteryear. Among the best performing non-leveraged ...
Fed Hikes Rates, Yield Spread Shrinks to 10 bps The Federal Open Market Committee read its tea leaves and decided that the economy could handle another 25 basis-point hike in overnight interest rates, bringing the target range to between 2.25-2.50%. The interest rate paid on excess reserves was pushed down another 5 basis points relative […] The post Market Morning: Fed Hikes, Stock Frights, Vix Still Calm, Tilray Bud’s for You, Tariffs Cause Hoarding appeared first on Market Exclusive.
The huge sell-off in the U.S. stock market this week has gotten the attention of both investors and market experts. Cooperman in a CNBC interview said the increase in market volatility in the past decade is largely due to to the elimination of the Uptick Rule, a trading regulation eliminated in 2008 that required every short selling trade to be executed at a higher price than the previous trade. “I think your next guest ought to be somebody from the SEC to explain why they have sat back calmly, quietly, without saying anything and allowing these algorithmic, trend-following models to wreak havoc with what has, up to now, been the best capital market in the world,” Cooperman said.
After the initial jubilation, investors took a second look at the U.S. and China trade war ceasefire, dragging down markets and triggering a spike in CBOE Volatility Index and VIX-related exchange traded ...
Last year was particularly calm as volatility plunged to a multi-decade low, but October’s elevated volatility sent equity markets into a tailspin. The CBOE (Chicago Board Options Exchange) Volatility Index (VIX), the “fear gauge,” has remained elevated. As reported by CNBC, Morgan Stanley equity strategist Michael Wilson said, “Such market behavior is rare and in the past has coincided with official bear markets (20 percent declines), recessions, or both.” He pointed out that more than 40% of S&P 500 (SPY) stocks had fallen at least 20%.