I thought you'd enjoy a well-written article in today's Financial Times which discusses the future of equities. I was especially interested in what Andrew Lo of MIT had to say near the end about a new paradigm and the future of ETFs. TradingMarkets Senior Editor David Penn interviewed Professor Lo ... Read more

Not sure why I'm going to waste 10 minutes on this, but if we had a -3x CNBC ETF, it would have hit FAZ-like highs this morning. Here's the chart of the action today. Somewhere in there, I believe around 10:45 or 10:50, Obama spoke for 10 minutes. CNBC then argued for 10 minutes over how resp ... Read more

Bearish momentum from Wednesday's breakdown to new multi-year lows led to another session of sharp losses across the board. After opening lower, the major indices briefly reversed into positive territory by mid-day, but the bears returned in the afternoon, sending all the main stock market indexes ... Read more

The recent tug-of-war between the bulls and bears continued yesterday, as the stock market's erratic, whippy intraday price action of the past several days failed to abate. This time, however, stocks traded in an inverse pattern of the preceding two days. On November 14 and 17, the major indices r ... Read more