Aug 07 2008

Blaine561’s daily update on the stock market, forex and options trading news for Aug 7th, 2008.

Published by Blaine561 at 12:06 pm under Forex, Options Trading, stock market

Blaine561 here with your latest news from the world of financial happenings on planet earth, man is it crazy or what?  Listened to Ron Ianieri last night during his Gamma Trading class with Options University and his thoughts on how the Fed has created this "banking crisis" and that if the Fed ever even thought of raising rates the banks would fail.  I mean if they’re the ones who created this mess and the only way to continue is keep the mees going, just make it a little tidier?  Here’s what was happening yesterday and this morning, got a video for you too, …

Fed Keeps Benchmark Interest Rate at 2 percent

NEW YORK: With jobs leaking from the US economy month after month, the Federal Reserve’s policy makers decided on Tuesday to keep the benchmark short-term interest rate they control at 2 percent, a historically low level. …

Fed keeps rates steady and we are still in a negative interest …

The Federal Reserve held its key interest-rate target steady Tuesday, indicating that the central bank’s decision to support economic growth with a 2% target, rather than thwart inflation with rate hikes, has gone according to plan. …

Real Interest Rate Dips to Zero - Donga.com

NEW YORK (AP) _ An already soaring Wall Street extended its advance Tuesday after the Federal Reserve left interest rates unchanged and assuaged some of the market’s fears about the economy. The Dow Jones industrial average shot up more …

June pending home sales jump 5.3%

To whit: 30-year fixed mortgage rates — at 6.52% — are close to a six-year high. And the Federal Reserve’s survey on bank lending standards from earlier this year showed tightening across the board. Some 77.7% of banks are tightening …

Morning News - Iraq, Iran, Israel, and Interest Rates Edition

Although widely expected, the Fed’s decision to leave short-term interest rates unchanged produced a massive rally on Wall Street – the Dow was up 331 points. The Fed’s decision was 10-1, with Bank of Dallas President Richard Fisher …

Free Real Wealth Report; the Next Big Profits …

More than $3 trillion in stock market wealth has evaporated. Globally, more than $14 trillion. Third, the bond market has experienced one of its worst swoons ever, falling as much as 8 full points since last October, even as the Fed …

The Current Decline of the Russian Stock Market Is a Reason to Buy …

No bigger mistake than investing money in Russian stocks could have been made in July. Over the week of July 25th, the RTS index fell in all categories, hitting rock-bottom following Putin’s unfavorable remarks on Russia’s largest …

China’s fund managers told to silence negative comments on stock …

CHINA’S SECURITIES regulator is warning fund managers to avoid comments that might "negatively affect" China’s deflating stock market in order to ensure a "harmonious and successful Olympic Games".

Stock Market Update: Rough Start For Wall Street

There is not much positive news this morning — two Dow components reported dis…

Price of Oil and Stock Market

Do you think the price of oil and the stock market are correlated? If not, here is an interesting chart that I put together to prove you wrong. The blue line going up is the "iPath S&P GSCI Crude Oil Total Return" fund. …

Forex News: Trichet comments covers it all

The comments first focused on inflation, then growth, then both. This indicates that the ECB is sufficiently confused to keep things where they are for the foreseeable future. A couple of key comments were wage settelements will be eyed …

Daily Forex Overview

Previous session overview The US dollar gained across the majors on Wednesday as the FOMC’s policy statement failed to quell speculation of 75bps worth of rate hikes over the next 12 months. On Wednesday, the dollar hit a seven-month …

Forex Trading News Tips

I wanted to talk to you about some forex news tips I’ve collected in my time who have helped me to stay ahead of the market and profit. This market is very large with billions of dollars are traded every day. There’s a lot to learn and …

Forex Video | New York Session Review | August 6, 2008

The US dollar continued its recent strength across the major currency pairs during a day light on economic reports. A blend of fundamentals and technical analysis pointed to the EUR/USD as a viable prospect for a short trade at the open …

Gamma Trading Options Part I: Adjusting Exposure to the Market

For traders knowing the "Greeks" of your options position is the most important. In Part one of this series, professional trader John Netto demonstrates how to construct a trade using the prominent Gamma option trading.

The Rules for Removing Fear and Greed from Option Trading

Personally only 20% of my option trading account is in any one credit spread trade and that account is only 10% of my entire investment portfolio. And if I were to play a riskier trade such as a straight call play I would use less than …

Ron Ianieri on CNBC Business News June 26 2008 Complete

 

 

Complete CNBC interview with guest Ron Ianieri, Chief Options Strategist at Options University, June 26, 2008. Ron discusses the volitility in today market and the prospects for the coming year.

 

Well, more fun tomorrow, I’ll be flying out to Montreal for a few weeks, but I’ll see you online.  Check out my hubpages at http://hubpages.com/hub/Options-Trading-Strategies-Basic-to-Advanced

 

Get your free 7 Deadly Sins Report and click here, presented by Options University, and register now for the Forex World Currency Options Class with Greg MaDermott, starting August 18, 2008.

If you are interested in joining Options University’s affiliate program please sign up here.

12 Responses to “Blaine561’s daily update on the stock market, forex and options trading news for Aug 7th, 2008.”

  1. Conspiramaon 07 Aug 2008 at 12:24 pm

    Blaine561’s daily update on teh stock market, forex and options ……

    More than $3 trillion in stock market wealth has evaporated. Globally, more than $14 trillion. Third, the bond market has experienced one of its worst swoons ever, falling as much as 8 full points since last October, even as the Fed … ……

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