Commodities Drop Brings Stocks Down (Bloomberg)
After the S&P 500 reached a new closing high last week, stocks fell today, thanks in part to a decline in commodity shares, specifically copper and oil, triggered by worries about the Chinese economy. “China is a big importer of copper and intraday that triggered a little bit of fear in equities,” Joe Bell, senior equity analyst at Cincinnati-based Schaeffer’s Investment Research Inc., said. “Copper is somewhat related to the health of the global economy, so that could have pushed people to take some money off the table.”
“Congratulations on your work. It has been a long slog to get the national accounts…
The broken wing butterfly and the butterfly spread are two different types of option trading…
The bear call spread and the bear put spread are option strategies used when an…
It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…
While Charles Dickens’s famous statement, “It was the best of times, it was the worst…
Five advantages to day-trading with a 90% win rate offer a tempting opportunity. The five…