Stocks in the materials space are among the weakest performers, as miners and steelmakers weigh...

Friday, January 11, 2:21 PM ET
Stocks in the materials space are among the weakest performers, as miners and steelmakers weigh following hotter-than-expected Chinese inflation data. Among non-precious metals: WLT -5.8%, CLF -4.3%, CENX -9.2%. Also, BHP Billiton (BHP -2.6%) and Rio Tinto (RIO -2.9%) were both downgraded to Neutral from Outperform at Macquarie.

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This news story has 10 comments:

Stone Fox Capital Comments (4545)

kinda crazy to make such daily reactions. Inflation wasn't that high.

11 Jan, 02:27 PM Reply Like

HoldAndBuyInvestor Comments (146)

It was due to extremely cold weather. Mostly food items. I see it falling back once cold weather settles.

11 Jan, 02:31 PM Reply Like

HoldAndBuyInvestor Comments (146)

Also, if scam street aka wall street does not do fear mongering, how can fraud funds aka hedge funds make money. Last year, on average, HFT based funds had 45% return.

11 Jan, 02:32 PM Reply Like

agmao Comments (4)

Do you have a reference for that 45% number?

11 Jan, 05:04 PM Reply Like

HoldAndBuyInvestor Comments (146)

It was a video interview in Bloomberg. It was with reference with few hedge funds run by Paulson who lost 20% or so.

11 Jan, 05:41 PM Reply Like

Vince Martin Comments (559)

And the average hedge fund was WAY behind the S&P 500 (something like 14% for the index, 3% for global hedge funds). "Fear mongering" has nothing to do with HFT, so if you think manipulation is occurring for the sake of hedge funds, why are they trailing the broad market so badly as of late?

11 Jan, 06:14 PM Reply Like