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Mt. Gox Trading Halts, Website Down Amid Speculation Of Its Closure

Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 13.18% if the stock gets called away at the October 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if FLEX shares really soar, which is why looking at the trailing twelve month trading history for Flextronics International Ltd., as well as studying the business fundamentals becomes important. Below is a chart showing FLEX’s trailing twelve month trading history, with the $10.00 strike highlighted in red: Considering the fact that the $10.00 strike represents an approximate 7% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and http://www.etftradingsignals.com the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.00% boost of extra return to the investor, or 9.32% annualized, which we refer to as the YieldBoost .
Source: http://www.nasdaq.com/article/first-week-of-october-18th-options-trading-for-flextronics-international-flex-cm329786

Trading volumes were largest for Brazilian CDS instruments, rebounding in the fourth quarter to $65 billion from the $51 billion that changed hands in the third quarter. Mexican CDS contracts were the next largest group with $31 billion in trading volume. Turkish CDS contracts had $29 billion in volume, a drop from the third quarter’s previously reported $34 billion. Nine corporate CDS contracts were tracked as well. Mexico’s state-owned oil company, Pemex PEMEXF.UL was the most actively traded, notching $2.6 billion in volume. That is up from the prior quarter’s $1.7 billion in transaction volume.
Source: http://www.reuters.com/article/2014/02/25/us-emerging-cds-volume-idUSBREA1O1JV20140225?feedType=RSS

FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.
Source: http://money.cnn.com/video/technology/2014/02/25/t-trading-bitcoins-old-fashioned-exchange-atms.cnnmoney

| For a quick, smart take on the news you’ll be talking about, check out InfoWorld TechBrief — subscribe today. ] The website http://www.mtgox.com stopped displaying any content on Tuesday. It’s unclear if user funds on the exchange are secure. The developments follow a weeks-long suspension of bitcoin withdrawals at Mt. Gox to outside addresses, pushing down bitcoin prices on the exchange, and a small street protest in Tokyo outside the offices of its owner, Tibanne. Mt.
Source: http://www.infoworld.com/t/e-commerce/mt-gox-trading-halts-website-down-amid-speculation-of-its-closure-237064

If an investor was to purchase shares of HTZ stock at the current price level of $27.67/share, and then sell-to-open that call contract as a covered call, they are committing to sell the stock at $28.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.43% if the stock gets called away at the April 19th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if HTZ shares really soar, which is why looking at the trailing twelve month trading history for Hertz Global Holdings Inc, as well as studying the business fundamentals becomes important. Below is a chart showing HTZs trailing twelve month trading history, with the $28.00 strike highlighted in red: Considering the fact that the $28.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%.
Source: http://www.forbes.com/sites/stockoptionschannel/2014/02/25/first-week-of-htz-april-19th-options-trading/

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Obama, Fellow Dems Are At Odds On Big Trade Bills

The billionaire Koch brothers and other mega-donors are expected to spend hundreds of millions of dollars this year to shape the midterm outcome, and Republicans enjoy a healthy majority of the super-rich. The Koch-backed Americans for Prosperity has already spent millions targeting vulnerable Democrats. Compounding some Democrats frustration, Obama has also been raising money for Organizing for America, his former campaign apparatus that now functions as something of a shadow DNC. When you create your own DNC with OFA, theres a reason the actual DNC is in debt, said one party operative. Theres probably nothing that Obama could do in these midterm elections to match the conservative billionaires advantage.
Source: http://www.washingtonpost.com/opinions/dana-milbank-obama-can-help-democrats-all-the-way-to-the-bank/2014/02/18/5b44dfa6-98d9-11e3-80ac-63a8ba7f7942_story.html

White House officials said Obama does not plan to introduce a faster timeline for the administrations long-awaited decision on the Keystone pipeline when he sits down with Harper, a vocal proponent of the project. Last month, the State Department ruled that the pipeline, which would deliver crude oil from Alberta to the United States, would not significantly affect global greenhouse gas emissions. The report appeared to clear the largest remaining barrier to a project long opposed by environmentalists, but the Obama loan forgiveness act White House has said that Secretary of State John F. Kerry is continuing to review additional factors before making a recommendation. Supporters of the project have said it would create thousands of jobs. Joshua Meltzer, a Brookings Institution fellow on global economics and development, said the State Departments finding that the Keystone oil sands are likely to be developed regardless of whether the pipeline is built will probably give Harper another opening to pressure Obama.
Source: http://www.washingtonpost.com/politics/as-obama-heads-to-meeting-with-canada-and-mexico-several-agenda-items-are-stalled/2014/02/18/4ca569ce-98bc-11e3-b931-0204122c514b_story.html

A link has been sent to your friend’s email address. 424 View reader contributions and add your own related to this story. Add Videos or PhotosBe first to contribute Sign in now to share your story. Sign in with FacebookSign in with Google+ Be first to contribute You’ve contributed successfully to: Obama rolls out plan for better truck mpg Thanks! Check out your photo or video now, and look for it in USA TODAY online, mobile, and print editions. Your submission didnt go through.
Source: http://www.usatoday.com/story/news/politics/2014/02/18/obama-fuel-standards-heavy-duty-trucks/5561151/

Development of new truck fuel standards is another sign of Obama’s increasing efforts to address climate change and convince Americans of the urgent need to take action. By ordering federal agencies to develop new standards, Obama is able to act on his own and sidestep Congress, which remains divided about what to do about a warming planet. Obama said in California’s drought zone on Friday that a warming planet is intensifying the severity of droughts and other weather events. “Unless and until we do more to combat carbon pollution that causes climate change, this trend is going to get worse,” he said. Obama will also renew his appeal for Congress to end $4 billion a year in subsidies to the oil and gas industry and urge lawmakers to establish a $2 billion “energy security trust” to support development of advanced vehicles that run on electricity, homegrown biofuels, hydrogen, and domestically produced natural gas.
Source: http://www.huffingtonpost.com/2014/02/18/obama-fuel-standards_n_4807138.html

government has nearly quadrupled, increasing by $8,847,994,000,000. However, despite the massive increase in the government’s marketable debt during Bush’s eight years, Obama managed to accumulate more additional marketable debt in his first five years in office than all the presidents who preceded combined. The marketable debt of the U.S. government includes all debt securities sold by the U.S. Treasury that can be held by individuals, corporations or other entities outside the U.S.
Source: http://nation.foxnews.com/2014/02/18/obama-has-more-doubled-marketable-us-debt

Apparently there are exceptions to the Obama administration’s pledge to eliminate official White House movie screenings. our editor recommends Berlin: How George Clooney Faked Da Vinci’s ‘Last Supper’ for ‘Monuments Men’ Officials announced Monday that the president would host the cast and crew of George Clooney’s Monuments Men in the East Wing theater Tuesday evening. Maybe it’s because President Obama is friends with Clooney, who co-hosted a $15 million fundraiser for the president’s reelection campaign. Or perhaps it’s because Clooney’s film is not in the running for an Oscar. PHOTOS: ‘Monuments Men’ Premiere: George Clooney, Matt Damon and Cate Blanchett Take Manhattan The film is the first official movie screening since the White House declared a moratorium in November, saying the president was becoming a pawn in the Oscar race.
Source: http://www.hollywoodreporter.com/news/obama-host-george-clooneys-monuments-680988

During a visit to a grocery store distribution center, President Obama will order the Environmental Protection Agency and Transportation Department to develop and issue the new standards by March 2016, according to a White House official who would not be named when discussing the announcement ahead of the event. The new fuel efficiency requirements will mark the second phase of the effort to reduce the harmful pollutants by targeting trucks. In 2011, the Obama administration completed fuel standards for medium and heavy vehicles. Those regulations call for a 20% reduction in heavy-vehicle emissions by 2018 and applied only to truck models 2014 through 2018. Experts estimate car manufactures would need to boost fuel efficiency to an average of 8 miles per gallon to reach the new standards, up from 6 miles per gallon at the time of the announcement. The next round of regulations, which the president already announced in his Climate Action Plan last summer, will set standard for models beyond 2018, as well as semi-trailers.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-obama-deadline-fuel-efficiency-trucks-20140217,0,682284.story?track=rss

Bush but expired in 2007. Meanwhile, some European allies are pushing back, still peeved over disclosures of National Security Agency surveillance of them. Obama had hoped an agreement could be reached on the trans-Pacific talks before he visited Japan and other Asian nations in April. The Pacific talks are further along than the Atlantic ones. But the trans-Pacific talks have been complicated by disputes over environmental issues and resistance in some Asian countries to a wholesale lowering of trade barriers.
Source: http://www.ajc.com/news/ap/business/obama-fellow-dems-are-at-odds-on-big-trade-bills/ndSM3/

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Group Overseeing Data Processor Agrees To Nasdaq’s Fixes: Source

Securities and Exchange Commission Chair Mary Jo White ordered the exchanges to come up with protocols to improve the resiliency of the processors. In November, Nasdaq presented the SIP committee, which is made up of representatives from all U.S. equity exchanges and the Financial Industry Regulatory Authority, with a list of 10 enhancements needed to improve its SIP. Weeks later, the exchange gave notice that it intended to quit running the system at the end of its two-year contract because talks over implementing the fixes were taking too long. At a meeting in Bonita, Florida, the committee agreed to implement all of the enhancements, having acted on only two of them prior to that, the source said.
Source: this link http://www.reuters.com/article/2014/02/13/us-nasdaq-sip-idUSBREA1C22C20140213?feedType=RSS&virtualBrandChannel=11563

iShares Nasdaq Biotechnology ETF – a solid biotech investment

UK house prices rise at fastest pace since May 2010

13 mins ago Buffett’s Berkshire dissolves stake in Dish (Reuters) – Warren Buffett’s Berkshire Hathaway Inc eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in financial giant Goldman Sachs, according to a regulatory filing on Friday. Berkshire had taken the Dish position in the second quarter. The regulatory filing does not disclose exactly when in the fourth quarter that Berkshire sold its 547,312 shares in the satellite TV company. The changes were disclosed in a U.S. Securities and Exchange Commission filing made public on Friday, which detailed Berkshire equity investments as of December 31.
Source: http://finance.yahoo.com/news/nasdaq-welcomes-inogen-inc-nasdaq-161455848.html

NASDAQ Welcomes Inogen, Inc (NASDAQ:INGN) to the NASDAQ Stock Market

(“NASDAQ OMX(R)”) ( NDAQ ) will hold its 2014 Investor Day on Thursday, March 27, 2014. NASDAQ’s senior executive team will conduct an in-depth discussion of the company’s operations, objectives, and strategy. Analysts and investors who wish to attend should RSVP to investor.relations@nasdaqomx.com Analysts and investors not attending the event in person are invited to view the live webcast at http://ir.nasdaqomx.com/events.cfm What: NASDAQ OMX Investor Day When: Thursday, March 27, 2014 from 8:15 a.m. to 1:30 p.m. Eastern Where: NASDAQ MarketSite, 4 Times Square, New York, NY.
Source: http://finance.yahoo.com/news/2014-nasdaq-omx-investor-day-140000691.html

2014 NASDAQ OMX Investor Day

Although Obamacare was plagued by political as well as technological issues, some consumers have started buying new insurance plans or have signed up for the Medicare programme. The biotech industry has also benefitted from a heightened mergers and acquisitions activity. Since 2009, the sector has seen at least 400 M&A deals per year. According to analysts, large cash reserves and still-modest R&D are prompting companies to embark on takeovers or join hands. Finally, the healthcare sector and the biotech industry stand to benefit from the aging global population, which boosts the demand for biotechnology.
Source: http://invezz.com/news/equities/8890-ishares-nasdaq-biotechnology-ishares-nasdaq-biotechnology-etf-a-solid-biotech-investment

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Forex – Eur/usd Holds Steady In Subdued Trade

On Friday, the Labor Department said the U.S. economy added 113,000 jobs in January, well below expectations for 185,000 new jobs, as inclement weather contributed to the slowdown in hiring. The report also showed visit this site that the number of people participating in the labor force edged up to 63% from a 30-year low of 62.8% last month, while the unemployment rate unexpectedly ticked down to a five year low 6.6% from 6.7% in December. The report was seen as unlikely to prompt the Fed to halt reductions in its stimulus program. The bank announced a second cut to its asset purchase program in January, trimming it to $65 billion-per-month. In Japan, government data earlier showed that the current account deficit expanded to JPY0.20 trillion in December, from JPY0.05 trillion the previous month.
Source: http://www.nasdaq.com/article/forex-usdjpy-lower-as-us-jobs-data-still-weighs-cm324965

EUR/USD hit 1.3651 during European afternoon trade, the pair”s highest since January 30; the pair subsequently consolidated at 1.3636, inching up 0.01%. The pair was likely to find support at 1.3583, the low of January 16 and resistance at 1.3688, the high of January 28. The dollar remained under pressure after the Labor Department on Friday said the U.S. economy added 113,000 jobs in January, well below expectations for 185,000 new jobs, as inclement weather contributed to the slowdown in hiring.
Source: http://www.jpost.com/Business/Investing/Forex-EURUSD-holds-steady-in-subdued-trade-340966

Forex Traders Plot Next Moves Before Yellen Testimony

Traders said expectations that Asian stocks could track Wall Street were keeping a lid on demand for the low-yielding Japanese currency for now. The dollar bought 102.65 yen, while the euro fetched 139.79 yen, both at their highest since late January. Against the greenback, the euro traded at $1.3623, not far from a one-week high of $1.3649 reached on Friday. Last week was a frustrating one for the market with two major events: the European Central Bank policy review and U.S. payrolls data both providing no new leads.
Source: http://in.reuters.com/article/2014/02/09/markets-forex-idINL3N0LE0IU20140209

Or will it simply lower the unemployment rate? Whatever the outcome, fixed-income dealers will probably be pricing out the possibility of a rate hike this year the BoE remains the favorite to be the first developed country to hike its rates. Depending on what transpires this week, U.K. gilts are preferred to rally, while sterling is expected to underperform.
Source: http://www.forbes.com/sites/deanpopplewell/2014/02/10/forex-traders-plot-next-moves-before-yellen-testimony/