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Option Trading Strategies: The Directional Time Spread
Friday, March 18, 2011 - 11:57am | 2047Many traders think of calendar spreads (or time spreads) as “theta plays,” or strategies benefiting from the passage of time. This idea is an oversimplification at best. Time spreads are complex option trading strategies involving several independent influences on an option's price including time,...
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Options Brief: Nucor Corporation (NUE)
Friday, March 18, 2011 - 10:21am | 86Shares of Nucor Corporation (NYSE: NUE) are higher on the session by 0.88%, trading at $45.64. Overall call volume is now running at 4.84x the daily average, with 0% of all calls traded being purchases on the offer. 20,432 contracts have traded on the session so far. Nucor Corporation along with...
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Pre-Market News And Views
Friday, March 18, 2011 - 9:15am | 329This morning the S&P 500 e-mini futures(ES M1) are soaring higher by 12.50 points to 1281.50 per contract. The rally in the futures comes as the Japanese Nikkei 225 Index rose by 2.72 percent last night. The strength of the Japanese Yen has also pulled back sharply as the G7 said they will...
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Vassilios Carellas sets his sights on gold in Slovakia with Ortac Resources
Friday, March 18, 2011 - 7:50am | 2236When Vassilios Carellas resigned his position as managing director of Kryso Resources (LON:KYS) in May 2009, he jetted off to enjoy his first summer holiday for 15 years. However, shortly before he left, David Paxton, the chief executive of Vatukoula Gold Mines (LON:VGM) had a word in his ear...
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How To Trade The Birinyi Associates Call (SPY, CAT, DE, X)
Thursday, March 17, 2011 - 1:23pm | 266According to Birinyi Associates, the end of this month, March 31, will mark the end of the recent correction, as we continue higher. Cleve Rueckert, an analyst at the firm gave specific data which he believes confirms his thesis. He said that when the S&P 500 loses 5 percent during a rallying...
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Dahlman Rose Reiterates Hold Rating on Nucor Corp. (NUE)
Wednesday, March 16, 2011 - 4:38pm | 117Dahlman Rose is out with a research report this morning, where it reiterates its Hold rating on Nucor Corp. (NYSE: NUE). The DR analysts cited the company's recent mid-quarter earnings update, where Nucor provided 1Q11 EPS guidance of $0.30 - $0.35, above their estimate of $0.15 and in line with...
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Steel Stocks On the Move
Wednesday, March 16, 2011 - 10:50am | 167After a disaster of the magnitude that the Japanese people are experiencing there will be a lot of goods needed to rebuild the country. This morning the steel sector is trading higher on the back of that anticipation for steel and steel products. U.S. Steel Corp.(NYSE: X) is trading higher this...
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General Steel Reports Q4 EPS of $0.04
Wednesday, March 16, 2011 - 6:15am | 65General Steel Holdings Inc (NYSE: GSI) reported its Q4 EPS at $0.04, versus the consensus of $0.03. GSI reported its Q4 revenue at $478.6 million, versus the consensus of $481.38 million. GSI shares fell 0.41% to close at $2.44 yesterday. Read more from Benzinga's Company news.
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Top 4 Small-Cap Stocks In The Basic Materials Wholesale Industry With The Highest Cash (FSTR, ANW, CAS, AE)
Wednesday, March 16, 2011 - 2:51am | 153Below are the top small-cap basic materials wholesale stocks on the NYSE, the NASDAQ and the AMEX in terms of cash. LB Foster Company (NASDAQ: FSTR) had $144.18 million in total cash and $16.40 million in total debt for the latest quarter. Aegean Marine Petroleum Network Inc (NYSE: ANW) had $86....
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Will U.S. Steel Benefit as Japan Rebuilds?
Tuesday, March 15, 2011 - 9:58am | 127The crisis in Japan will require all sorts of construction materials for rebuilding destroyed buildings and factories. Steel is used in most construction projects. Here in the United States, U.S. Steel (NYSE: X) is a dominant player. Let's look at the company profile and earnings reports. "Based...
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Nucor Sees Q1 EPS of $0.30 to $0.35
Tuesday, March 15, 2011 - 9:04am | 102Nucor Corporation (NYSE: NUE) announced today guidance for its first quarter ending April 2, 2011. Nucor expects first quarter results to be in the range of $0.30 to $0.35 per diluted share, compared to earnings of $0.10 per diluted share in the first quarter of 2010 and a loss of $0.04 per...
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UBS Ups GGB To Buy
Tuesday, March 15, 2011 - 6:36am | 55Analysts at UBS upgrade Gerdau SA (NYSE: GGB) from “neutral” to “buy.” The target price for GGB has been raised from $17 to $19. GGB shares rose 3.34% to close at $13.30 yesterday. More Analyst Ratings here
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Top Stocks of Russia
Sunday, March 13, 2011 - 1:31am | 572Did you know that the Market Vectors Russia Exchange Traded Fund (RSX) has significantly outperformed the S&P 500 over the last two years. It has also outperformed over the last year, the last six months, and the last three months. Where has all this strength come from? Russia has the world's...
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Commodity Stocks Bounce
Friday, March 11, 2011 - 11:11am | 215This morning a few of the leading commodity stocks are bouncing higher. The devastation in Japan will require the country to rebuild its damaged infrastructure. Cliffs Natural Resources Inc.(NYSE: CLF) is trading higher this morning by $1.13 to $86.25 a share. Short term traders should watch for...
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Citi Comments On STLD 1Q EPS Guidance
Friday, March 11, 2011 - 9:21am | 81Steel Dynamics Inc. (NASDAQ: STLD) set a 1Q EPS guidance of $0.37-$0.42, indicating a significant sequential improvement, Citi reports. “In addition, the company boosted its quarterly dividend by 33% and reported improving volumes and profitability across all segments,” Citi writes. “Based on...