• Market moves higher but surprisingly the Volatility Index didn't move lower

    12 days ago - By ETF Daily News

    From Dana Lyons : Despite a more than 2% jump in the S&P 500, short-term volatility expectations unprecedentedly closed higher on the day.
    Yesterday saw traders push stocks sharply higher on the heels of an apparently more dovish Fed. In the case of the S&P 500 , we are talking about a gain of 2.3% on the day. So does that mean that the re-test is over and stocks are in the clear for their year-end rally? Perhaps not yet, at least according to the volatility market. As most market participants know, volatility expectations typically fall when stocks rise, especially a big rise like...
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  • Markets Right Now: Stocks open lower on Wall Street

    Markets Right Now: Stocks open lower on Wall Street

    12 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening slightly lower on Wall Street as energy companies slide along with the price of crude oil.
    ConocoPhillips sank 1.2 percent in early trading Friday.
    Video game seller GameStop plunged 11.8 percent after issuing a weak forecast.
    Marriott International dropped 5.6 percent after disclosing a massive data breach.
    The S&P 500 index fell less than 1 point to 2,736.
    The Dow Jones Industrial Average lost 40 points, or 0.2 percent, to 25,295. The Nasdaq composite fell 7 points, or 0.1 percent, to 7,266.
    Bond...
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  • 'Pick-and-shovel' stocks are the best way to get into the marijuana industry, money manager says

    'Pick-and-shovel' stocks are the best way to get into the marijuana industry, money manager says

    12 days ago - By Business Insider

    High-flying and volatile cannabis stocks have caught the attention of both the Main street and Wall Street this year.
    Recently, Canada became the second country to legalize recreational cannabis and Michigan joined nine states and Washington, DC, in allowing full use of marijuana.
    Money manager Ken Mahoney explains why 'pick-and-shovel' companies are a great way to take advantage of the opportunities that cannabis brings while avoiding the volatility of weed stocks.
    High-flying and volatile cannabis stocks have caught the attention of both the Main Street and Wall Street this year...
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