The Year in Review and Preparing for 2015

The internet has plenty of articles discussing what may be in store for stocks in 2015, and they all disagree with each other. Some are bullish on the U.S. with falling oil, while others are insistent that valuations are too high; with a TTM P/E ratio over 20 for the...

Another VIX Spike on Cheap Oil, Tight Credit

Wall Street’s favorite mean reverting indicator has fallen far from the mean. The S&P 500 Volatility Index, or VIX, rose to over 19 on Thursday after falling below 12 earlier in December. Complacency about a bullish December for U.S. stocks on improving economic...

Understanding Oil

An unexpected and largely unpredicted fall in commodity prices has hit energy stocks, causing at least one hedge fund to close its energy fund completely. Allocations to the industry did not lighten before oil began falling this summer, and the futures market showed...