88m3
Fast Money & Foreign Objects
@Domingo Halliburton what you recommend for a 401k etf with low fees?
@Domingo Halliburton what you recommend for a 401k etf with low fees?
It seems as though the prevailing thought is that the Middle East turmoil between OPEC powers makes it less likely that OPEC gets together to cut production in unison. If the opposing factions continue competing for market share, the production surplus continues on.Crude still getting killed even with the middle east bullshyt
The ratio of bearish to bullish options on an exchange-traded fund tracking financial companies in the Standard & Poor’s 500 Index has climbed to the highest level in a year this week, according to data compiled by Bloomberg. That reflects rising demand for protection against losses in an ETF that absorbed $1.7 billion over the last three months of 2015, the most among nine industries.
Traders own 178 bearish contracts on the SPDR Financial Select Sector ETF for every 100 bullish ones, according to data compiled by Bloomberg as of Jan. 4. The measure rose to 181 on Dec. 30, the highest put-call ratio since Nov. 24, 2014. On average in 2015, the ratio was 118-to-100.
"Everyone’s saying the financials are going to get better because interest rates are rising but it’s not going to happen overnight,” Michael Block, chief strategist at Rhino Trading Partners LLC in New York, said by phone. “People should be worried about earnings, about how banks are going to make money. They need higher interest rates and they need more trading opportunities.”