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Wonder what traders are talking about today?<\/p>\n
We\u2019re here with the top 10 stories we\u2019re sharing with colleagues today, covering topics like:<\/p>\n
And more!<\/p>\n
So check out these links right now and get up to speed:<\/p>\n
1)\u00a0Kyle Bass says this will be the first sign of a bigger market meltdown (MarketWatch)<\/em><\/strong><\/p>\n The stock market may never go down again.<\/p>\n Maybe not such a far-fetched notion, when you consider the Dow industrials yesterday nailed its 50th record close of the year and paid a visit to the 23,000 milestone, which it looks set to revisit and maybe stick to today.<\/p>\n Read the Story ==><\/strong><\/span><\/a><\/p>\n 2) Traders have never been more confident that volatility is dead\u00a0(Business Insider)<\/em><\/strong><\/p>\n Traders have never been so sure that volatility in US stocks is over, at least looking one month ahead.<\/p>\n Nothing quite demonstrates that mindset more than the chart below.<\/p>\n \u200bRead the Story ==><\/strong><\/span><\/a><\/p>\n 3) How Implied Volatility Works\u00a0(T3 Live)<\/em><\/strong><\/p>\n If you don\u2019t understand implied volatility, you don\u2019t understand options.<\/p>\n Period. Read this article and learn how implied volatility impacts the price of an option.<\/p>\n Continued Reading ==><\/a><\/strong><\/span><\/p>\n 4)\u00a0China's Xi lays out vision for ‘new era' led by ‘still stronger' Communist Party (Reuters)<\/em><\/strong><\/p>\n Chinese President Xi Jinping on Wednesday laid out a confident vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution.<\/p>\n Continued Reading ==><\/a><\/strong><\/span><\/p>\n 5)\u00a0Bitcoin is a ‘speculative bubble' and unlikely to become a real currency, UBS says (CNBC)<\/em><\/strong><\/p>\n Cryptocurrencies like bitcoin are in a “speculative bubble” and are unlikely to become mainstream currencies, according to UBS.<\/p>\n There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in value over the past few years. Bitcoin for example is up over 470 percent year-to-date.<\/p>\n Continued Reading ==><\/strong><\/span><\/a><\/p>\n 6)\u00a0Treasury secretary: Pass a tax bill or markets will tank (Politico)<\/em><\/strong><\/p>\n Steven Mnuchin has a stern warning for Congress: You could blow up the stock market if you fail to cut taxes.<\/p>\n The Treasury secretary said Wall Street\u2019s big run-up following the election of President Donald Trump is largely based on expectations of Congress passing a major tax-relief bill, and failure to do so could have significant consequences.<\/p>\n Continue Reading ==><\/a><\/strong><\/span><\/p>\n 7) 6 Tips for Picking the Right Stocks for Day Trading\u00a0(T3 Live)<\/em><\/strong><\/p>\n You can spend years learning about moving averages, gaps, trendlines, and indicators.<\/p>\n But if you\u2019re day trading the wrong stocks, you\u2019re setting yourself up for failure.<\/p>\n If you ever find yourself asking yourself \u201cwhat should I trade now,\u201d then this article is for you.<\/p>\n Continue Reading ==><\/span><\/a><\/strong><\/p>\n 8) Volvo Prepares to Take on Tesla with a Revamped Polestar\u00a0(Wired)<\/em><\/strong><\/p>\n Volvo is in the midst of a reincarnation. The Swedish automaker is leaving behind its former life as the maker of super safe, super boxy wagons, and embracing an existence dedicated to technological prowess, electric propulsion, and svelte design.<\/p>\n