Trading

S&P 500 Is Trading At Historical Extremes: "It's Not The Winning, It's The 'Not Losing' That Counts"

Authored by Lance Roberts via RealInvestmentAdvice.com, Welcome to 2021. As we kick off a new year, we begin with the S&P 500 trading at historical extremes. It is essential to have some perspective to set reasonable expectations for future returns and quantify the “risk” of something going wrong. As we discussed with our RIAPRO.NET subscribers yesterday, the real risk…

How One Bad Oil Bet Sparked A Global Trading Disaster

Authored by Haley Zaremba via OilPrice.com, By now we are all keenly aware of the near-devastating impact that the novel coronavirus has had on oil markets and the fossil fuel industry around the world. (If this is news to you, what rock do you live under and is there room for one more?) But while…

Bonuses For Goldman's Trading Desk Could Jump 20% This Year

As if Friday afternoon’s new of the Fed allowing the banks to resume buybacks wasn’t good enough for news for many working at Goldman Sachs, those in the trading division will be especially chuffed this holiday season – as the company plans on boosting bonuses for the division by up to 20%.  The bonuses are a result…

Citadel Makes Over $1 Billion Trading Commodities In 2020

It’s not just J PMorgan that made a $1 billion trading commodities, at roughly the same time that it paid a record $1 billion fee for manipulating the gold market: Ken Griffin’s Citadel, where Ben Bernanke is a senior advisor, also had a great year in the sector with Reuters reporting that Citadel’s investments in…

Water Futures Begin Trading on the CME

By Peter A. Kirby According to a slew of mainstream media outlets, water futures have begun trading on the Chicago Mercantile Exchange (CME). Some might say that this is a great triumph for free markets everywhere. But, does everything need to be traded as a financial instrument? Free markets are great, but when we consider…

First Europe, Then Japan, Now Australia Hit By Unprecedented Full-Day Trading Halt Due To “Software Glitch”

First, it was a “technical issue” in Europe which back on July 1 caused European stock markets to suffer a 3 hour outage. Then, in August, New Zealand’s stock market was forced to halt trading over four days in August after distributed-denial-of-service attacks overwhelmed its website. Then on October 1, another “technical issue” hit the Tokyo Stock…

Crude Crashes In Early Asia Trading

WTI just tumbled to a $33 handle in early trading (after being above $40 just 3 days ago) as demand fears (European lockdowns) and supply concerns (Libya ramped up its production) combined to spark anxiety about the energy complex outlook. Dec WTI Futs are down over 5%… This is the lowest front-month oil price since…