Volatility. If folks as we kick off the final hour of trade, weve got the dow adding 430 points of losses to yesterdays 240point drop. S p is down 47. Weve got the nasdaq lower by 194. Russell 2000 down 44 points. That is the worst percentage drop here of all of the majors, more than 2 down. And we show the vix . Weve got to look at the vix, because right now, as you see, youve got the volatility index up 7. 7 right now which means we have seen a 2day move that began sort of later in the session, and weve got that, i believe its about 13 higher over the past 48 hours. Right now were at 14. 71, still historically very low. Headline number two, the stock stories shaking the markets most, humana is the worst performer on the s p. Right now weve got it tanking about 13 . Updated word from the government that the new 2025 reimbursement rates for Medicare Advantage payments will remain unchanged at 3. 7 despite massive pressure from the sectors lobby is. Humana, which has the most exposure t
Warren buffett seven years in a tenyear bet with Hedge Fund Guys buffett is crushing it, outperforming the socalled smart money. How buffetts doing it and how you can easily get in on the action. First, though, lets go to sue whos here today at hq. I am indeed. We begin with bullish news from two American Auto icons ford and General Motors. Ford is actually adding jobs to ramp up hiring for production of its aluminum f150. As you recall, there was skepticism about that model when they changed from steel to aluminum. Gm revving up profits and boosting its dividends. Phil lebeau joins us from chicago with details on both of those stories. Lets start with the ford news which came out early this morning. This once again another expansion by ford, adding jobs, creating more production when it comes to the f series. Theyre adding 1,550 jobs, about 900 of these are going to be at the kansas city truck plant. Theyll have production later on this spring. Once that plan the is up alongc with the
Marketfield Asset Management LLC increased its stake in shares of Star Bulk Carriers Corp. (NASDAQ:SBLK – Free Report) by 42.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 172,145 shares of the shipping company’s stock after purchasing an additional 51,639 shares during the quarter. Star Bulk Carriers makes up 3.0% of Marketfield Asset Management […]
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