Lori Spechler is a Senior Editor at CNBC responsible for booking and coverage of major market events. In addition, she has written for CNBC.com and NETNET on topics ranging from gold to the height of women's heels. Formerly a trader and market maker in commodity options, her resume includes such infamous Wall St. names as AIG Trading Corp. and Drexel Burnham Lambert Trading Corp.
“People didn’t run to gold this time because the price couldn’t get through $1,700 an ounce,” says one trading, implying that investor demand may have peaked for the moment. Read More
A founding trader from John Arnold’s flagship energy fund is looking to start his own hedge fund, according to a source close to the situation. Read More
John Arnold, the billionaire manager of the Houston hedge fund Centaurus Advisors, told investors and employees Tuesday that he plans to retire, according to people familiar with the matter. Read More
Fears of a big move post earnings created intense demand for Apple options, pushing implied volatility up to levels that made buying short-dated options expensive and had traders scrambling for other options. Read More
Options volume and volatility were both spiking on shares of Apple, ahead of its quarterly earnings report, expected after Tuesday's market close. Read More
President Obama's proposal to clamp down on oil speculation would give the federal government a direct role in how energy markets function and could actually make prices more volatile, industry experts say. Read More
Gold prices could stay range-bound, as investors react to the competing themes of bearish fundamentals versus a more bullish macro-economic environment. Read More