Category: Trader Talk

In this article NDAQ Follow your favorite stocksCREATE FREE ACCOUNT Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE The S&P 500 and the Nasdaq-100 indexes get new members added and old ones kicked out on Friday in a quarterly rebalancing mostly based on companies’ adjusted market capitalization.  Years ago, these…

Traders work on the floor of the New York Stock Exchange during morning trading on Nov. 26, 2024. Michael M. Santiago | Getty Images Bitcoin exchange traded funds are now the largest holders of the flagship cryptocurrency.  The 12 spot bitcoin ETFs in existence have collectively passed $100 billion in assets under management, one of…

Art Cashin speaking at the NYSE on Dec. 30th, 2022.  CNBC Art Cashin, UBS’ director of floor operations and a fixture at the New York Stock Exchange for nearly 60 years, died this week at age 83.  Cashin was one of the great historians of the stock market, but he was not an academic. His method…

Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. He was 83 and had been a regular on CNBC for more than 25 years. In the intensely competitive and often vicious world of stock market commentary,…

In this article GLRE Follow your favorite stocksCREATE FREE ACCOUNT David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivering Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Greenlight Capital’s David Einhorn was interviewed by our Leslie Picker at CNBC’s Delivering Alpha event Wednesday.  Einhorn spoke…

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute’s 56th annual conference on securities regulation.  It sounded awfully…

In this article HOOD NDAQ ICE Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange is seen during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | Getty Images News | Getty Images The New York Stock Exchange, owned by Intercontinental Exchange, wants to do trading 22 hours…

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty Images Investors may soon see their favorite stocks quoted in half-penny increments. The U.S. Securities and Exchange Commission will vote Wednesday to change the minimum pricing increment for…

José Luis Gutiérrez | iStock Photo Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index Fund Advisors and author of the book, Investing in U.S. Financial History: Understanding the Past to Forecast the Future. The answers have been edited for clarity. What is it…

SEC Chairman Gary Gensler testifies before the U.S. Senate Committee on Banking, Housing and Urban Affairs during an oversight hearing on Capitol Hill in Washington, D.C., September 15, 2022. Evelyn Hockstein | Reuters Securities and Exchange Commission Chair Gary Gensler on Wednesday will hold a vote on one of his most controversial proposals: a rule…

The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). Sylvain Sonnet | The Image Bank | Getty Images Word that Taylor Swift and Travis Kelce had been seen on the marina of this tiny speck (5 square miles) of an island…

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst | Reuters The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will require most publicly traded companies to disclose climate-related risks…

Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and €5.  Nathan Laine | Bloomberg | Getty Images Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside…

U.S. Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill September 12, 2023 in Washington, DC. Drew Angerer | Getty Images The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities and Exchange Commission in the coming…

Traders work on the floor of the New York Stock Exchange NYSE Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it picked up steam. On Thursday, Williams Sonoma…

Algerina Perna | Baltimore Sun | MCT | Getty Images The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed. That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since…

Nurphoto | Nurphoto | Getty Images Spot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin.  These ETFs will invest directly in ether, which is the cryptocurrency used in…

In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT The BlackRock logo is pictured outside the company’s headquarters in the Manhattan borough of New York City on May 25, 2021. Carlo Allegri | Reuters When BlackRock CEO Larry Fink bought the iShares ETF business from Barclays for roughly $13 billion in 2009, the economy…

In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Halfpoint Images | Moment | Getty Images How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more.  Vanguard has released its annual report, How America Saves 2024. Vanguard and Fidelity are the two biggest sponsors of 401(k) plans,…

Bob Pisani, CNBC Scott Mlyn | CNBC Thinking of writing a book? You might want to reconsider. On Monday, a federal judge blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that joining the two giant publishing houses would lessen competition for top-selling books. As an author, I agree…