Zero Hedge

On Monday, Bill Gross appeared on CNBC to clear up a misconception regarding the holdings of his PIMCO Total Return Fund. In April, market blog Zero Hedge reported that Gross was actively betting against U.S. government bonds. Zero Hedge stated, “In March, PIMCO's flagship Total Return Fund has...

The S&P 500 has gained 101% from the low set back in March of 2009 (666.79). Even with yesterday's market plunge, the S&P is only 15% lower than its all time high of 1,576.09, which was set back in October of 2007. The question is why. Has the economy really improved that much since the...

It would appear as though the silver market is in the midst of a short squeeze. The NYMEX futures price of the commodity rose over 4.5% in Thursday's trading action, closing near the highs of the day. The price of silver has now risen for seven consecutive days, and 15 out of the past 17 trading...

Rumor circulating that Greece may default as early as this weekend. Seeing Yen crosses higher.

ZeroHedge has been kind enough to post that the CME Group (NYSE: CME) is raising margins on the various oil contracts. The margin for Nymex crude oil will go $6,750 per contract, up from $6,075 per contract. Heating oil margins rise to $6,413 from $5,063, and gasoline rises to $6,750 from $5,400....

Nomura Securities certainly thinks so. If the geopolitical unrest extends for any period of time, and WikiLeaks is proven right that Saudi Arabia has grossly overstated its proven reserves, then analyst Michael Lo believes we could see $220 per barrel relatively soon. Lo writes: "In order to...

A tweet from ZeroHedge says that an Italian source says that OPEC is considering extraordinary meeting to raise oil output following Libyan unrest. If this were to happen, oil prices could see some pressure, and oil ETFs such as United States Oil Fund LP ETF (NYSE: USO) and United States Brent Oil...

Apple Inc. (NASDAQ: AAPL) shares just started plunging for no apparent reason. Zero Hedge tweeted that there are rumors running around about Steve Jobs, but did not say what the specific rumors are. Shares were fractionally higher before the sharp sell off. At last check, shares were off $5.47 to...

According to Paul Tudor Jones's PR firm, Mr. Jones did not make any calls on the S&P 500 or bonds. A call was placed to Abernathy MacGregor, the public relations firm by Zero Hedge and that was the response given. Earlier, Doug Kass had tweeted that he was hearing that Paul Tudor Jones had...

According to a tweet from Zero Hedge, the U.S. Postal Service will not be making its $5.5 billion retiree payment on September 30, 2011 in full. The United States Postal Service is undergoing a major restructuring, as it seeks to shed thousands of employees, while it deals with falling mail volumes...

According to a tweet from Zero Hedge, Russia's chief investigator says the blast that occurred at Moscow's Domodedovo airport this morning is indeed a terrorist attack. This news comes from the Interfax News Agency. Stay with Benzinga as we cover this story today.

Telestone Technologies (NASDAQ: TSTC) is plummeting on the back of a Zero Hedge piece, which compares the company to RINO, which is a Chinese reverse merger, that has had plenty of scandal and speculation around the company. An earlier Benzinga article did not have the reason for the move, but it...

Zero Hedge just tweeted that the Bank of Japan may increase its asset purchases if the economy doesn't get better. So far, this is a positive for the U.S. dollar, as it weakens the Japanese yen.

Zero Hedge just tweeted that there is a market rumor of a large fund selling its E-mini S&P 500 contracts, in a large amount. Stocks are well off their highs with all three broader indexes struggling to hold onto their gains.