A recent and swift 200% move in AIG has taken the stock to over $50. Premiums in options in highly inflated, making a protective put buying strategy even more pricey, but still worth it!
This rally will most likely conclude this coming week, watch for a blow off volume as the signal, but remember, you do [...]
On July 11th FNM hit $6.68 on a big sell off. After an impressive rebound, investors are now realizing that nothing has really changed. In fact, Barrons came out with an article telling it as the shorters have already known for some time, should FNM and FRE get a bail out, it would most likely [...]
The banking sector seems to be leading the market like a nose ring on a bull. The following list of the most active banking stocks should be on your watch list as an indicator for what to expect. When we see this group start trading sideways and consolidating, we will know the bottom is in [...]
NEW YORK, Feb 15 (Reuters) – Citigroup Inc. (C:NYSE) has suspended investor withdrawals from a $500 million credit hedge fund to give it a chance to “stabilize,” a bank spokesman said on Friday. The London-based fund, called CSO Partners, was facing investor redemptions after a 10 percent loss in November, prompting its manager John Pickett [...]
