I have to be honest; I did not catch the selloff. what stocks are the best to invest in now I saw it shaping up but didnt react fast enough and when it went downI bought CME S&P 500 calls. When everyone was calling for an end to the bull market I was quietly picking up cheap calls. I never got the feeling that the markets were going to crash.
South African stocks down, Naspers retreats from record high - Yahoo News
July industrial output increased by a more-than-expected 0.4%. The August University of Michigan Consumer Sentiment Index will be reported at 9:55 a.m. In Friday's top corporate headlines , the world's largest soda-maker Coca-Cola is paying $2.2 billion in cash for a 16.7% stake in energy-drink upstart Monster Beverage . Coca-Cola shares were up 1.82% to $40.91, while Monster Beverage shares were surging 25.28% to $89.81. Metals and mining company BHP Billiton was adding on 2.04% to $72.60 after it said that it was planning a demerger of its aluminum, nickel and manganese assets, potentially creating a $14 billion spinoff company.
Stock Market Today: Stocks Break Through Resistance Levels; Correction Fears on Back Burner - Yahoo Finance
The Dow Jones industrial average rose 91.13 points, or 0.55 percent, to close at 16,651.67. The S&P 500 was up 12.97 points, or 0.67 percent, to close at 1,946.72. The Nasdaq Composite added 44.88 points, or 1.02 percent, to end at 4,434.13. Cisco Systems Inc reported a smaller-than-expected drop in quarterly revenue after the bell, driving its stock down 2.9 percent in extended-hours trading. The network equipment maker had expected to see revenue decline between 1 percent and 3 percent, but reported a drop of only 0.5 percent instead.
Stocks rally, led by surging biotechs | New Hampshire Business
REUTERS/Siphiwe JOHANNESBURG (Reuters) - South African stocks fell for a third straight session on Thursday after a slew of financial results knocked prices of companies such as lender Standard Bank and mining firm Harmony Gold. Naspers jumped on Wednesday after China's Tencent, in which it owns over a third, reported higher first-half earnings. The benchmark Top-40 index dipped 0.42 percent to 45,920 while the wider All-share index was down 0.38 percent to 51,073. Standard Bank fell 3.43 percent to 140.85 rand after it took an $80 million hit from its exposure to suspected metal financing fraud in China, wiping out its first-half earnings growth.