The market's best-known fear gauge was sliding on Thursday, signaling that the previous session's big selloff isn't rattling investors too much. The Cboe Volatility Index, which trades under the ticker VIX and tracks S&P 500 options contracts, dropped 25% to about 21 in early trading.
Israel Englander is the CEO of Millennium Management, the second most profitable hedge fund in history as measured by net gains since inception, according to LCH Investment. In total, Millennium owns more than 6,000 stocks, index funds, and options, but Englander downsized one of his largest positions in the third quarter. Specifically, he sold 11.5 million shares of Apple (NASDAQ: AAPL), reducing his stake by 90%.
We recently compiled a list of the Retirement Stock Portfolio: 7 Safe Dividend Stocks To Invest In. In this article, we are going to take a look at where AbbVie Inc. (NYSE:ABBV) stands against the other dividend stocks. As investors near retirement, achieving financial stability becomes a top priority. Among the various investment choices, steady […]
OK