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Investors are officially panicking, Citigroup says

Stock-market investors entered panic mode after the wild ride to end 2018, meaning it might be a good time to buy equities, according to Tobias Levkovich, chief U.S. equity strategist at Citigroup. Citigroup’s Panic/Euphoria model hit panic levels after a massive drop in stock prices last month, Levkovich said. This …

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Chicago traders in their ’80s heyday had a crazy move called the ‘O’Hare Play’

John Zich | AFP | Getty Images Traders in the OEX pit at the Chicago Board Options Exchange climb the walls of the pit in their scramble to make trades 18 April 2001 in Chicago, Illinois, at the moment news hits that the Federal Reserve has made an unexpected half-point …

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Italy’s watchdog reportedly suspends trading in Carige shares

Alessia Pierdomenico | Bloomberg | Getty Images A pedestrian passes a Banca Carige SpA bank branch in Rome, Italy. The European Central Bank has appointed temporary administrators for troubled Italian lender Banca Carige with the decision coming after the majority of the bank’s board members resigned on Wednesday. The ECB …

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This wacky daily trading strategy posted a 13% return in this rough year

Xinhua News Agency | Getty Images Traders work at the New York Stock Exchange in New York, the United States. Buy the S&P 500 at the close every day and sell it at the next open. Sounds wacky? You could have outperformed the market by 20 percent. According to Bespoke …

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The winner for best trade of 2018 is… chocolate

Looking back on a tumultuous year where the majority of asset classes were deep in the red, cocoa futures turned out to be one sweet spot. In fact, a look at the top year-to-date performers among major futures markets reveals that cocoa has returned a whopping 28 percent this year. …

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Merck surges more than 30% in 2018, taking the crown as biggest Dow winner

Bess Adler | Bloomberg | Getty Images Ken Frazier, chairman and chief executive officer of Merck & Co., speaks during an Economic Club of New York event in New York, U.S. on Wednesday, Oct. 3, 2018. 2018 may have been the worst year for the Dow Jones Industrial Average in …

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Fed could be factor in week ahead as stocks exit worst year in decade

Investors can bid farewell to the worst year for stocks in a decade, but they may not find a way to escape the volatility when the new year starts with a bang. By the first Friday of 2019, it’s back to business in a big way with the December jobs …

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Stocks wrap up 2 weeks of ‘disturbing’ moves

Source: FactSet Wall Street’s wild ride began on Dec. 17, with the S&P 500, Dow and Nasdaq all dropping more than 2 percent. Fears of a slowing economy and worries over the course and speed of Federal Reserve monetary policy pressured stocks that day. On Dec. 19, Fed fears came …

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Is the buyback surge over? Don’t bet on it

Brendan McDermid | Reuters A trader works at his post on the floor of the New York Stock Exchange, December 19, 2018. The Wall Street Journal reports Apple has lost nearly $9 billion this year buying back its own stock. Apple is one of those buyback monsters that has spent …

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The real test happens two weeks from now

This week’s wild swings on Wall Street mean little to some market players, who look past the huge bounce in stocks and are ready to zero in on the earnings season that kicks off in the second week of January. The Dow Jones Industrial Average on Wednesday surged a whopping …

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