Maxwell Meyers is the Executive Producer for CNBC's Options Action, Futures Now and Talking Numbers. Since joining CNBC in 2005, Meyers has served as the Senior Producer of The Strategy Session, Money in Motion Currency Trading and a Producer for both Fast Money and Mad Money with Jim Cramer. Prior to joining CNBC, Meyers worked at CNNfn, where he was a part of the launch of Open House. He has written for Kiplinger's Personal Finance, The Bond Buyer and CNBC.com.
While many investors remain mesmerized by the record rally in stocks, commodities like wheat and corn have logged huge losses in the past month.
The S&P has gone 468 days since experiencing a correction of 10 percent or more. That's the fourth longest streak on record. How long will it last?
Dennis Gartman told CNBC.com that he's the most positive he's been on stocks in months.
It’s the kind of performance that can almost make you nostalgic for the good old dot-com days, when the fleecing of mom and pop investors was left to the Pets.com and iVillages of the world.
Two big stocks, two bold calls. That describes last Friday’s "Options Action," where the traders got bearish on a financial giant, and bullish on the king of Internet search.
Despite massive call buying a curious thing happened in the options pits: many people lost money. How could that be?