University student Spencer Singleton is among a growing band of amateurs turning to computer-driven automated stock trading - until now the preserve of hedge funds and mega brokers - and says he's beating the market.
Oil prices rebounded after some of the biggest names in the hedge fund world and private equity lost billions betting on a rebound in energy prices and distressed energy debt. What’s more, many of them are staying with it.
Some of the top U.S. hedge fund investors and activists, including Jana Partners LLC, took new positions or raised their equity stakes in fast food chain McDonald's Corp during the first quarter, according to regulatory filings on Friday.
Hedge funds that had a record short position coming into this week must be a little bit worried that crude oil prices could not stay lower after the Energy Information Administration reported a mind boggling 10.3 million barrel build in crude oil supply.
U.S. stock-index futures fell, after the Standard & Poor’s 500 Index rose to a record Tuesday, as data showed a drop in housing starts and wholesale prices before the release of minutes from the last Federal Reserve meeting.