Featured Topics
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Commodities
Oil pipelines to drive Canadian economy like 1880s railroads
Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
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Financials
S&P 500 rockets higher on Bernanke
The JUN13 E-mini S&P 500 rallied quick and hard this morning to 1685 upon the market digesting Bernanke’s testimony. Now the market is up 12.50 points to 1678.
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Options
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
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Regulations
Gensler recusal faulted in CFTC watchdog’s MF Global report
Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
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