Friday, 31 October 2014
Last updated 11 hours ago
Apr 22 2013 | 11:12am ET
Hedge funds have cut their long bets on oil.
Holdings of Brent crude contracts by asset managers dropped by 7.5% in the week ended April 16, ICE Futures Europe said. Hedge funds remain net-bullish on oil, however, with longs outnumbering shorts by 108,100 lots.
Hedge fund's long crude holdings have not been so low since December.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.