S&P 500 Has Biggest Drop of Year on Concern About Europe – Bloomberg 02-04-13

Salient to Investors:

Joseph Veranth at Dana Investment Advisors sees little change to the strong trend in the US.

Patrick Legland at Societe Generale said the S&P 500 is overvalued given the slow economic recovery, and the risk-on mode may end soon with a lack of positive economic data.

Investors are taking advantage of the cheapest options in 5 1/2 years to protect against losses. Marko Kolanovic at JPMorgan Chase  said options trading has increased as investors try to boost returns by collecting option premiums.

Read the full article at http://www.bloomberg.com/news/2013-02-04/u-s-stock-futures-are-little-changed-before-data.html

 

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