November 20, 2008
Schaeffer's Media Outtakes: An Elevated VIX Points to Continued Gains
In our Schaeffer's Media Outtakes series, Bernie Schaeffer dissects the news, using contrarian analysis to provide a unique take on the market."As stocks return to record levels, the smooth sailing that characterized stock trading at the end of 2006 and early 2007 isn't likely to return, these traders are signaling by demanding considerably more for options on the Standard & Poor's 500-stock
Dyadic investigating potential improprieties, stock trading halted
Dyadic International said it has discovered potentially material operational and financial improprieties at its Hong Kong and mainland China operations. As a committee looks into the problems, the company's top officer is on leave and Dyadic stock trading is temporarily halted.
Stocks fall on worries of economic slowdown
U.S. stocks slipped on Friday on signs the economy may be slowing more sharply than previously thought, threatening corporate profits, including those of large industrial companies.
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