In last week’s commentary, I cautioned that stocks stiff faced delta-hedging risk, whereby sellers of portfolio insurance, or put options on the index and exchange-traded fund (ETF) options, are ...
After stocks got pummeled once again on weaker-than-expected monthly employment numbers, flashbacks to Aug. 2 and Aug. 5 immediately came to mind. In this period, the S&P 500 Index (SPX -- 5,408.42) ...