Sunday, May 6, 2018

One group of traders is on pace to shatter performance records — here's what they're buying

Feedburner
One group of traders is on pace to shatter performance records — here's what they're buying

options traderScott Olson / Getty Images

Amid the turbulence that's rocked the stock market this year, one group of traders is on pace for its best year on record. Bank of America Merrill Lynch shows just how well they're doing so far in 2018, and explains which specific investment decisions have contributed to their success.

As equity investors attempt to make sense of all the cross-currents whipsawing markets right now, one group of traders can rest easy.

That would be active managers — also known as stock pickers — which make their living identifying single stocks that they believe will outperform.

See the rest of the story at Business Insider

NOW WATCH: What will probably happen with the North and South Korean peace treaty

See Also:

One group of traders is on pace to shatter performance records — here's what they're buyingWarren Buffett shares the epiphany he had in 1942 that dictated the rest of his investment careerMORGAN STANLEY: The next bear market in stocks may already be underway — and it'll be unlike any in recent history

SEE ALSO: 'Earnings are not all that matter' — A Wall Street chief strategist breaks down the story he says the market is ignoring