Archive for February, 2010

APS Asset’s Gheur Discusses Convertible Bonds, Stocks: Video

Feb. 26 (Bloomberg) — Adrien Gheur, portfolio manager at APS Asset Management Pte Ltd. in Singapore, talks with Bloomberg’s Susan Li about investment strategy for convertible bonds and stocks. (This is an excerpt from the full interview. Source: Bloomberg)

Duration : 0:4:44

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Ron Paul: America Is With Me On Foreign Policy (CNBC 2/2)

http://www.RonPaul.com

In the second part of his appearance on CNBC’s Squawk Box this morning, Ron Paul asserted that the world would be a lot safer if the US government didn’t start so many wars and continually tried to meddle in the affairs of other countries.

He explained that Iran poses no credible threat to America and that Obama’s policy of assassinating US citizens on secret charges demonstrates that something has gone terribly wrong with American foreign policy.

Ron Paul supports regaining US security through diplomatic and economic engagement backed by military deterrence instead of aggression, murder and perpetual warfare.

Ron Paul is America’s leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies.

For more information visit the following sites:

http://www.RonPaul.com

http://www.CampaignForLiberty.com

http://www.house.gov/paul

http://www.DailyPaul.com

http://www.RonPaulForums.com

Duration : 0:6:45

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Alex Jones Tv 3/5: Alex Takes Calls on Bank Holiday

Update: Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals
Announcement stokes fears of old fashioned bank runs if economy takes a turn for the worse

Paul Joseph Watson
Prison Planet.com
Monday, February 22, 2010

A new advisory being sent by Americas third largest bank to its account holders has stoked fears that major financial institutions could be preparing for old fashioned bank runs if the economy takes a turn for the worse.

Originally reported by John Carney over at the Business Insider website, Citigroup is sending the following information to customers along with their bank statements.

Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.

An almost identical advisory to the one being sent out can be read on page 22 of Citbanks Client Manual effective January 1, 2010, which can be read here from Citibanks own website.

We reserve the right to require seven (7) days advance notice before permitting a withdrawal from all checking, savings and money market accounts. We currently do not exercise this right and have not exercised it in the past, states the manual.

According to the Future of Capitalism blog, Citigroup originally claimed that the warning was only sent nationwide as a result of a mistake, but that the measures do apply to account holders in Texas.

However, in a statement, Citigroup confirmed that they had reserved the right to impose the new 7 day rule on all account holders nationwide, but claimed they had no plans to enforce it. The bank stated that they had been forced to enact the new policy as a result of federal regulations.

When Citibank moved to unlimited FDIC coverage in 2009, we had to reclassify many checking accounts to allow for immediate withdrawals in order to ensure all customers qualified for the additional coverage. When we moved back to standard FDIC coverage with most major banks in 2010, Citibank decided to reclassify those accounts back to make them eligible again for promotional incentives. To do so, Federal Reserve Reg D requires these accounts, called NOW accounts, to reserve the right to require a 7-day notice of withdrawal. We recently communicated this technical requirement to our customers. However, we have never exercised this right and have no plans to do so in the future, reads a statement released by the bank.

Over the last 18 months, numerous rumors of bank runs, bank holidays, and limitations on access to cash at ATMs have been floating around. Citigroups new policy to restrict withdrawals wont do anything to calm such fears.

As we reported back in 2008, the Federal Deposit Insurance Corp., which guarantees individual accounts up to $100,000, only has about $50 billion to insure about $1 trillion in assets across the nations financial institutions.

This revelation prompted fears that an accelerating amount of bank closures could absorb FDIC funds and leave holders of money market and traditional savings accounts exposed.
http://www.prisonplanet.com/citigroup-warns-customers-it-may-refuse-to-allow-withdrawals.html

Duration : 0:10:54

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Warner Says He and Corker Agree on Resolution Authority: Video

Feb. 25 (Bloomberg) — U.S. Senator Mark Warner, a Virginia Democrat, talks with Bloomberg’s Carol Massar and Matt Miller about the agreement he reached with Senator Bob Corker, a Tennessee Republican, on a financial-regulation overhaul plan for winding down systemically important companies after they fail. (Source: Bloomberg)

Duration : 0:4:7

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Winning and losing option plays in Johnson & Johnson (NYSE: JNJ)

The Pick Johnson & Johnson (NASDAQ: JNJ):

On Oct. 16, a Fast Money cast member said, At $60, JNJ is a good buy. JNJ shares were trading at $64, up from $60.80 at the time of Fast Moneys call.

Bullish Option Traders for JNJ:

Bullish investors bought Stock for $60.80 and sold the January 60 calls for $2.05 to pay $58.75. The call expired with the stock at $64.56, making this trade a winner of $1.25 with the stock up $3.20.

Bearish Option Traders for JNJ:

Bearish investors bought April 80 puts for $20.30 and sold April 60 puts for $3, paying a net debit of $17.30 per spread. This spread is now marked at $15.50, making this trade a loser of $1.80 with the stock up $3.20.

By opening a free virtual trading account with OptionsHouse, you can build a profit/loss diagram to help visualize this trade.

For more trading ideas and breaking news on the options market, stay tuned in to The Options News Network.

Duration : 0:2:11

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Market Technical Analysis – Markets Pop On Bernanke Dollar Comments…New Home Sales Ugly!

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics. All included in the Research Center for just $49.99/month. Best value and guidance on Wall Street by those that avoid the Wall Street hype! RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.

Duration : 0:10:23

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Alex Jones Tv 4/5: Alex Takes Calls on Bank Holiday

Update: Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals
Announcement stokes fears of old fashioned bank runs if economy takes a turn for the worse

Paul Joseph Watson
Prison Planet.com
Monday, February 22, 2010

A new advisory being sent by Americas third largest bank to its account holders has stoked fears that major financial institutions could be preparing for old fashioned bank runs if the economy takes a turn for the worse.

Originally reported by John Carney over at the Business Insider website, Citigroup is sending the following information to customers along with their bank statements.

Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.

An almost identical advisory to the one being sent out can be read on page 22 of Citbanks Client Manual effective January 1, 2010, which can be read here from Citibanks own website.

We reserve the right to require seven (7) days advance notice before permitting a withdrawal from all checking, savings and money market accounts. We currently do not exercise this right and have not exercised it in the past, states the manual.

According to the Future of Capitalism blog, Citigroup originally claimed that the warning was only sent nationwide as a result of a mistake, but that the measures do apply to account holders in Texas.

However, in a statement, Citigroup confirmed that they had reserved the right to impose the new 7 day rule on all account holders nationwide, but claimed they had no plans to enforce it. The bank stated that they had been forced to enact the new policy as a result of federal regulations.

When Citibank moved to unlimited FDIC coverage in 2009, we had to reclassify many checking accounts to allow for immediate withdrawals in order to ensure all customers qualified for the additional coverage. When we moved back to standard FDIC coverage with most major banks in 2010, Citibank decided to reclassify those accounts back to make them eligible again for promotional incentives. To do so, Federal Reserve Reg D requires these accounts, called NOW accounts, to reserve the right to require a 7-day notice of withdrawal. We recently communicated this technical requirement to our customers. However, we have never exercised this right and have no plans to do so in the future, reads a statement released by the bank.

Over the last 18 months, numerous rumors of bank runs, bank holidays, and limitations on access to cash at ATMs have been floating around. Citigroups new policy to restrict withdrawals wont do anything to calm such fears.

As we reported back in 2008, the Federal Deposit Insurance Corp., which guarantees individual accounts up to $100,000, only has about $50 billion to insure about $1 trillion in assets across the nations financial institutions.

This revelation prompted fears that an accelerating amount of bank closures could absorb FDIC funds and leave holders of money market and traditional savings accounts exposed.
http://www.prisonplanet.com/citigroup-warns-customers-it-may-refuse-to-allow-withdrawals.html

Duration : 0:10:51

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Option Play Book – Call Ratio Back Spread

Learn about options with the Option Play Books from Paul Brittain of www.CommodityTradingSchool.com.
Master the 19 primary option trading strategies for trading options on commodity futures contracts.

Duration : 0:5:13

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Stocks and Options Trading Review 5/1/07 Technical Analysis

Technical analysis video review of the stock market and individual stocks for Monday April 30, 2007 including; Nasdaq 100 Trust Shares (NASDAQ:QQQQ), S&P 500 Index (AMEX:SPY), Semiconductor HOLDRs (AMEX:SMH), iShares Russell 2000 Index (ETF) (Public, NYSE:IWM) , UltraShort QQQ ProShares (ETF) (Public, AMEX:QID), Acusphere, Inc. (Public, NASDAQ:ACUS), Immucor, Inc. (Public, NASDAQ:BLUD), MDI, Inc. (Public, NASDAQ:MDII), Monster Worldwide, Inc. (Public, NASDAQ:MNST) and Raytheon Company (Public, NYSE:RTN). Trend analysis for daytraders and swingtraders of stocks and options. Trading stocks involves risk; this information should not be viewed as trading recommendations.

Duration : 0:8:25

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Options Trading: Reversal Patterns

http://www.theglobaltradingroomexposed.com
Options trading forum reveals how to trade stock options and when to get in and when to get out

Duration : 0:5:57

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