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**FLASH** Goldman Code Theft BOMBSHELL?

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**FLASH** Goldman Code Theft BOMBSHELL?

bombshellCourtesy of Karl Denninger of The Market Ticker

Something really ugly popped up on Daily Kos yesterday late in the afternoon…..


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Zero Hedge

Everything You Need to Know About Dodd's Financial Reform Bill: "This Legislation Will Not Stop the Next Crisis from Coming"

Courtesy of George Washington

Instead of going into a lengthy analysis about the pros and cons of Chris Dodd's financial reform bill, I'll let the Senator speak for himself:

This legislation will not stop the next crisis from coming. No legislation can...

What Dodd is really saying is that there's no use in doing any of the things which all of the top independent economists and financial experts say need to be done to stabilize the economy. See this, this and this.

Poor old Wall Street has to become a more from Tyler

Chart School

CONSTRUCTIVE PULLBACK COULD CREATE BUYING OPPORTUNITIES

CONSTRUCTIVE PULLBACK COULD CREATE BUYING OPPORTUNITIES

Courtesy of David Grandey at All About Trends

The S&P 500 hit resistance at 1150 last week and is now pulling back.  It's all about the trend channels at this point.

Bottom line this overbought condition when viewing the 60 minute charts gets worked off by either going sideways or a pullback to trend channel support.

See the S&P 500 during January? It went sideways range bound. Don't rule that out over the next week or so. 

Well as you can see we are starting to work our way towards the trend channel support line. We'll either do that sideways till we catch it or down to it. Thus far the action seems corrective vs. impulsive.  Market Leaders 

Some MAY be topping right here. It doesn't take a rocket s...

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Trading Goddess

How Have the High Priced Shares Performed?

Back 0n August 21, 2008, we published an article called Top High Priced Share Stocks, which listed all the stocks trading in excess of $100 a share, that had P/E ratios less than 20, PEG ratios less than 1, market caps above $15 billion, and all but one paid a dividend. Remember, this is just before the market took its big dump.

Surprisingly, an interesting correlation turned up. The higher the higher priced shares, the better the return, and the shares that traded close to the $100 breakpoint did the worse. All the stocks that traded under $135 per share were down, and the others were up.

Goldman Sachs Group, Inc. (GS) the large investment banking firm, had the highest priced shares on the list at about $154 per share. It is now trading at $175, an increase of 14%.

CNOOC Limited (CEO) is the explorer and producer of crude oil and natural gas off the coast of China ...

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The Options Report

By Andrew Wilkinson


Fortune Brands’ Shares Trade at New 52-Week High, Bullish Players Covet Call Options

Today’s tickers: FO, STJ, XLB, BSX, BIDU, VRSN & MNKD

FO - Fortune Brands, Inc. – Shares of the holding company with subsidiaries such as Beam Global Spirits & Wine, Inc., which manufactures Jim Beam whiskey and Maker’s Mark, and Acushnet Company, the producer of Titleist golf products, rallied 2.35% during the session to reach a new 52-week high of $48.45. The increase in Fortune’s share price inspired bullish options trading on the stock today. Approximately 1,000 calls were picked up at the April $50 strike for an average premium of $0.66 apiece. But, the real action took place at the June $50 strike where nearly 15,500 calls were purchased for an average premium of $1.68 per contract. Investors holding the June $50 strike call options stand ready to amass profits only if Fortune Brands’ shares rall...



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Insider Zone


Insiders: March to Exit

By Ilene

Let's take a look at Insider Buying and Selling over the last week or so. These are screen shots from Finviz - the significant buys against a green background first and significant sells against the pink background second.  All the buys fit into my screen shot but the sells did not.  Click here to see all the sells.  

Note that the largest buy in the group, for KITD was at a price of 9.73 (KITD is currently at 11.54). The buy was part of an Equity Offering rather than an open market purchase. Tuzman Kaleil Isaza's (KITD's Chairman and Chief Exec. Officer) history of buys is http://www.insidercow.com/ more from Insider

OpTrader


Swing trading portfolio - week of March 15th 2010

This post is for live trades and daily comments. 

To learn more about the swing trading portfolio (strategy, membership etc.), please click here

- Optrader

...

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