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Buy These: Debt Ceiling Will Be Raised
Wednesday, July 27, 2011 - 1:49pm | 245With the markets panicking over the possible default of the United States, stocks are scary but cheap. When the debt ceiling is raised, a big rally will take place. The key is to be in positions that will reward you with big profits. Ultimately, the debt ceiling will be increased by the time August...
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Wednesday's Mid-Day Options Volume Leaders
Wednesday, July 27, 2011 - 12:54pm | 76Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 237,259 contracts, 64.3% calls, 35.7% puts 2. Bank of America (NYSE: BAC) 140,030 contracts, 50.8% calls, 49.2% puts 3. Amazon.com (NASDAQ: AMZN) 102,436 contracts, 56.2% calls, 43.8% puts 4. Las Vegas Sands (NSYE: LVS)...
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Private Equity Panacea?
Wednesday, July 27, 2011 - 9:54am | 3414Martin Z. Braun of Bloomberg reports, States Miss Pension Targets by 50% Even With Private Equity (HT: Donald): In the last decade, as a wave of baby boomers began retiring, America's biggest state pension systems earned less than half what they needed to keep up with promises made to millions of...
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White House Chief Of Staff On CNBC Later
Tuesday, July 26, 2011 - 3:04pm | 61William Daley, President Obama's Chief of Staff is going to appear on CNBC later today, in what is a first time interview for the new Chief of Staff. Daley took over from Rahm Emanuel, who went on to become the Mayor of Chicago. Daley is a former J.P. Morgan (NYSE: JPM) executive.
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Do As I Say, Not As I Do
Tuesday, July 26, 2011 - 12:45pm | 408President Obama has never been shy in his distaste for people who are wealthy and have made their wealth, particularly on Wall Street. From blaming those who own "corporate jets" to "hedge fund managers," Obama has never been shy in his verbal jabs at the group. What's interesting is that despite...
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, July 26, 2011 - 12:21pm | 83Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 240,639 contracts, 66.7% calls, 33.3% puts 2. NetFlix Inc. (NASDAQ: NFLX) 107,254 contracts, 52.4% calls, 47.6% puts 3. Baidu Inc. (NASDAQ: BIDU) 101,658 contracts, 61.0% calls, 39.0% puts 4. Bank of America (NYSE: BAC)...
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Auction-Rate Securities UPDATE: SEC Brief May Help ARS Investors
Tuesday, July 26, 2011 - 9:21am | 190837 months and counting and still thousands of Americans holding untold billions of dollars in frozen auction-rate securities await the return of THEIR money. The question of whether the injustice of all that went on in the ARS scandal might ever truly see the light of day seems to have long since...
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JP Morgan Reiterates Overweight and PT of $18 on Bank of America
Tuesday, July 26, 2011 - 8:00am | 64JP Morgan reiterated its Overweight rating on Bank of America (NYSE: BAC). At the same time, the rating agency left its price target on the company's stock unchanged at $18. On Monday, BAC lost 1.18% of its value to finish the day at $10.01. Its shares recovered some of yesterday's losses in today'...
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New 52 Week Highs Coming On The Stock Market
Monday, July 25, 2011 - 1:53pm | 384Ultimately, new 52 week highs are coming to the S&P 500 within two weeks. Right now with all the fear out there, many people would find this hard to believe. However, it will happen, and shortly. The debt ceiling issues are in the eyes of every politician, media outlet and individual investor....
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Stalled Debt Talks Spook Wall Street
Monday, July 25, 2011 - 1:26pm | 162FOX Business: The Power to Prosper Financial shares led Wall Street lower on Monday after an impasse on Capitol Hill over raising the U.S. debt ceiling weighed on traders' sentiment. Today's Markets As of 11:00 a.m. ET, the Dow Jones Industrial Average slid 79.2 points, or 0.63%, to 12,602, the...
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Monday's Mid-Day Options Volume Leaders
Monday, July 25, 2011 - 12:11pm | 83Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 149,814 contracts, 83.3% calls, 16.7% puts 2. Apple Inc. (NASDAQ: AAPL) 124,287 contracts, 67.2% calls, 32.8% puts 3. Microsoft Corp. (NASDAQ: MSFT) 85,643 contracts, 40.6% calls, 59.4% puts 4. Baidu Inc. (NASDAQ: BIDU...
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Puts Purchased on ING Groep
Monday, July 25, 2011 - 10:44am | 112Shares of ING Groep (NYSE: ING) are lower on the session by 1.81%, currently trading at $11.37. The stock has been moving largely lower over the past four months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...
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Citigroup and Morgan Stanley Borrowed Over $2T from Fed
Friday, July 22, 2011 - 2:43pm | 69Citigroup (NYSE: C) and Morgan Stanley (NYSE: MS) each took over $2 trillion in funds from various Federal Reserve emergency facilities, according to a report from the Government Accountability Office. Citigroup was far and away the largest user of the emergency facilities, with over $2.5 trillion...
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Earnings Season Not Going So Well On The Other Side Of The Pond
Friday, July 22, 2011 - 1:59pm | 334Earnings season in the United States is shaping up to be another strong showing for corporate America. Even if a significant part of the nation's citizens aren't doing so great, at least the CEO and executive class is still raking it in, right? In Europe, however, earnings results haven't been so...
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Ameriprise Financial Earnings Preview: Analyts Expect Rising Revenue from Prior Quarter
Friday, July 22, 2011 - 12:09pm | 576Ameriprise Financial (NYSE: AMP) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of $1.34 per share and...