Friday marks the monthly expiration of November options, at time when markets can be especially volatile. So how can investors benefit from the volatility? Richard Sparks, senior equities analyst at Schaeffer’s Investment Research, shared his insights.
The individual investor is back, says Cramer, who sees money pouring into the market from the pockets of the public, and the money is not just going into stocks.
Berkshire Hathaway isn't happy with a Reuters story initially published with the headline, "Buffett's Berkshire: We Goofed On Derivative Risks." Berkshire CFO Marc Hamburg tells Warren Buffett Watch, "There is no indication whatsoever in my letter to the SEC that we made an error or that we underestimated the risks of falling stock prices."
Warren Buffett's Berkshire Hathaway reports $1.532 billion in derivatives gains during its second quarter, contributing to an overall net profit of $3.295 billion dollars for the quarter, or $2,123 per class A share. It's a return to profitability for Berkshire, after reporting a $1.5 billion net loss in this year's first quarter.
Stock market gains in April, May, and June, will energize second quarter net earnings from Warren Buffett's Berkshire Hathaway when the numbers are released after the stock market closes today. That will be a sharp contrast from recent quarters when market losses depressed Berkshire's net numbers and its stock price.
Coach is gaining with upside options activity despite broad market headwinds, indicating that fashion is not yet a victim of the economic downturn.