Autos, no autos, as sales for the big three U.S. automakers came in today! General Motors Co. said December sales slipped 3.3%, to 308,539 vehicles. The nation’s largest auto maker posted solid gains in pickup trucks and crossover SUVs—among its most profitable products—and posted record sales for the year in both categories. Analysts were pleased…
The major indices got off to a strong start in the New Year yesterday with all three major averages climbing to record levels with five of the 11 primary S&P 500 sectors gaining more than 1% on the day. Both the S&P 500 and the Nasdaq hit intraday records in the final minutes of trading.…...
So, you’re thinking about shorting UVXY/TVIX/VXX/VIXY/etc.? Or selling calls on UVXY/VXX? If so, please be advised that these types of trades have “undefined risk,” meaning that you could potentially lose not only everything in your brokerage account, but you could end up owing your broker even more money than you actually possess. All it would…
