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Investors are terrified of something a year from now and they’re placing bets to hedge themselves

Stock investors are hedging in a big way against something scary coming at them this time next year and it could be related to the outcome of the presidential election. The price of buying downside puts, meaning a negative bet on the S&P 500 is at a historical level compared …

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Three options strategies for the week: December 9, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Michael Khouw looked into call buying in the Technology ETF.  Dan Nathan illustrated call buying in Starbucks. Khouw and Guy Adami broke down a call calendar in Lululemon.  Disclaimer Trader disclosure: Guy Adami is long CELG, EXAS, …

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Wall Street bets international stocks will top US equities in 2020

A pedestrian walks past a stock indicator displaying numbers of the Tokyo Stock Exchange and the world’s major markets in Tokyo. Kazuhiro Nogi | AFP | Getty Images  (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click …

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2020 could be the year everything changes for people with student debt

Outstanding education debt has outpaced credit card and auto debt. The average college graduate leaves school $30,000 in the red today, up from $10,000 in the 1990s. Nearly 40% of students who took out loans in 2004 will default on their debt by 2023, according to the Education Department’s own …

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Chime quadruples valuation to $5.8 billion as it raises $500 million

Chime CEO Chris Britt Source: Chime A war is brewing in digital banking, and one leading player just loaded up on ammunition. Chime, the largest of a new breed of branchless U.S. banks, raised $500 million in a series E round it closed recently valuing the company at $5.8 billion, …

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Stocks on verge of year-end rally, Bespoke’s Paul Hickey predicts

The market could be on the verge of a year-end rally. According to Bespoke Investment Group’s Paul Hickey, stocks generally stage their final push for the year in mid-December — even when the month starts off weak, as this one did. “You would think you’d see strong performance throughout the …

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JP Morgan says CEOs are worried about 2020 despite stock market highs

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters The stock market has been hitting record high levels day after day, but that doesn’t mean corporate CEOs are bullish about next year, according to J.P. Morgan Chase regional investment banking head John Richert. Instead, …

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Bitcoin sinks to a 6-month low as China accelerates crackdown

People walk past a board with the logo of Bitcoin in a street in Yerevan, Armenia September 9, 2019. Anton Vaganov | Reuters What a tough month it has been for bitcoin. The world’s most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according to industry …

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Investors are left to wonder if the stock market rally is resting or rolling over

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) This month has become a sideways “slowvember” slide in recent weeks, with stocks remarkably steady near record highs, as investors are again left to wonder if the …

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The stock market and its ‘fear gauge’ VIX are moving in unison

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the …

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