Global
Stocks Down as Range Tightens Before a Huge News Month

Stocks Down as Range Tightens Before a Huge News Month

Stocks fell again last week but remain trapped in a range as investors wait for some huge news events next month. The S&P 500 slid 1 percent between Friday, September 20, and Friday, September 27. Still, the index held some key levels and remained within striking...

Trade War Escalates as China and Trump Exchange Blows

Trade War Escalates as China and Trump Exchange Blows

So much for a quiet Friday in August. The drama started early today when China slapped tariffs on $75 billion of U.S. goods. S&P 500 futures (@ES) fell 25 points. About 2-1/2 hours later President Donald Trump hinted in a tweet that he viewed Chinese leader Xi...

The Yield Curve Inverted, and the Bears Are Going to Work

The Yield Curve Inverted, and the Bears Are Going to Work

The big story today is that weak economic numbers overseas caused the yield curve to invert. That means the yield on 10-year Treasury bonds fell below the two-year rate. Stocks, especially financials, are crashing as a result. The "inverted curve" is a potentially big...

Emerging Market ETF Has Options Traders Feeling Bearish

Emerging Market ETF Has Options Traders Feeling Bearish

Some big options traders seem to think the pain may continue in emerging markets. Two large strategies were detected today in the MSCI Emerging Markets ETF (EEM), which is heavily concentrated in China and East Asia. One will profit from the fund dropping further,...