When RJ Parsons put stop-loss orders on his 5,000 shares of MannKind Corp. , he thought it would protect him from losing a chunk of his investment.
An exchange-traded fund that appreciates as calm is restored to financial markets has never been more popular.
U.S. stocks sank, extending the Standard & Poor’s 500 Index’s worst two-day drop since June, amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market’s best performers.
"That was a little bit of a disappointment."
- Randy Frederick on Jan 09, 2015