Finance

Cramer: Most astonishing fact about low oil prices

While many investors are fretting over bad debts in the oil patch, Jim Cramer is worried about something else. Why the heck aren’t lower oil prices translating into consumer spending? “I find it astonishing. Here we are, a principal cost cut in half, and it isn’t translating,” the “Mad Money” host said. (Tweet This) There has not been a pickup ... Read More »

The correlation between the S&P 500 and high-yield bonds

High-yield exchange-traded funds have become a hot story in the last few days, with many market participants wondering what the effect might mean on the broader market. To get right to the point, here’s the correlation between the overall stock market and high-yield bonds. To be specific, this is a chart of the rolling three-month correlation between the S&P 500 ... Read More »

After-hours buzz: Amgen, AAP, LL & more

Check out the companies making headlines after the bell Tuesday: Shares of Amgen got a small boost after the company announced a 27 percent increase in its 2016 first-quarter dividend. The $1 per share dividend will be paid on March 8, 2016. Advance Auto Parts was higher following a report that the company is eyeing a sale after being approached ... Read More »

Here’s why traders are nervous about the Fed and options expiration

Stocks are having a great day. High yield and oil are behaving, and we are entering a seasonally strong period of the year. It may last, but it may not. The problem is the unusual combination of an historic Fed meeting and the quadruple witching expiration, the quarterly expiration of stock and index options, and stock and index futures, which ... Read More »

Virtu CEO: Our firm is ready for the Fed

Doug Cifu, co-founder and CEO of electronic trading firm Virtu Financial, said his company is ready for all contingencies in light of Wednesday’s looming Fed decision. “Obviously, this is something that folks are anticipating. We’re getting ready for it,” he said. “We’ll be there with capital. We’ll be there with our risk controls. All the things ready to rock and ... Read More »

Fed’s rate hike calendar will be gradual: Experts

The markets are primed for a rate hike. So about 24 hours from the Fed’s decision, the question now becomes, how many rate rises are to come, and how often? Bruce Bittles, chief investment strategist at R.W. Baird, told CNBC’s “Squawk on the Street” on Tuesday that he’ll be looking for the word “gradual.” “[Fed Chair Janet Yellen] said that ... Read More »

Why the markets are rallying

Why is the market rallying? There have been tremendous cross-currents buffeting stocks for the past two weeks. Some of them have changed from negative trends to positive ones. 1) The two biggest sources of recent market volatility—oil and the high-yield market—are behaving themselves today. 2) Tax selling season—the period in early December when traders traditionally sell their biggest losers to ... Read More »

Pete Najarian: Buy these three winning stocks

In hopes of moving out of the penalty box, CNBC “Halftime Report” trader Pete Najarian reshuffled most of his model portfolio on Tuesday. Najarian, who’s lagged behind the rest of the group this year, is selling out of Citigroup, Under Armour and JetBlue in favor of three stocks he believes are about to take off. Here’s what the options trader ... Read More »

Here’s what’s so troubling about Apple: Technician

Shares of Apple started the week in the red after a number of analysts trimmed their iPhone estimates based on firms’ checks. And according to a highly regarded technician, the charts point to even more pain. “The very fact that it’s no longer in an uptrend is a problem,” said Carter Worth of Cornerstone Macro on CNBC’s “Fast Money,” referring ... Read More »

Americans go searching for the Fed

With the Fed expected to raise interest rates on Wednesday, interest in the Fed itself is rising. According to Google trends, U.S. Google searches for “The Federal Reserve” have been rising sharply since August. In fact, partial data for December show that more people are searching for the term this month than they ever have before, going back to at ... Read More »