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Iron Condors - September Monthly Review

Posted by RonJo84 on September 22nd, 2007

The most important thing to say about this month is that there’s a reason we have those trading rules! Since switching to ETF-based options in June our iron condors have averaged over 28% per trade!

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Exchange World Shrinks

Posted by RonJo84 on September 21st, 2007

This is a great read by Aaron Lucchetti of the Wall Street Journal.

"The accounting world has the Big Four. The auto sector had the Big Three. And stock exchanges, once a fragmented industry with dozens of players, may be headed toward a Big Five or Six."

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NYSE Euronext is Most Traded Exchange

Posted by RonJo84 on September 20th, 2007

NYSE Euronext was up almost 5% today on two big announcement.

1. They are the most traded exchange in the world with the next closest exchange only trading about half of what they do.

2. Edward Boyle has been appointed vice president, NYSE Arca Options, beginning Oct. 1. Boyle, 45, joins from TD Securities, where he was vice president and director, equity derivatives.

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TraderMark of FundmyMutualFund.com has made an interesting observation that has occurred since the Fed decided to cut rates. The real winners in this rate cut are the Upper Middle Class.

These potentially distressed consumers are back on track and now they don't have to worry about interest rates lowering the value of their home and they can start spending money again.

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Hilton Hotels takeover

Posted by RonJo84 on September 18th, 2007

Hilton Hotels Corp. [HLT-N] today reported that shareholders approved the company’s $20.1-billion (USD) sale to The Blackstone Group LP [BX-N].

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Baidu Jumped On Bullish Notes

Posted by RonJo84 on September 18th, 2007

Notablecalls hit this one right on the head.

"RBC's target on BIDU is the new Street high. This alone will make BIDU buyable today. I see it hitting $240 by noon easy. Actionable trading call alert! Must say I'm surprised by the lack of upside in BIDU stock in the pre market."

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Sure-Footed Crocs is on a Roll

Posted by RonJo84 on September 18th, 2007

Alex Markels gives a great little history on Crocs and how they came to be.

The shoe had been created by a small Canadian plastics company for use in day spas, but "But Scotty thought they'd make great boat shoes."

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