The following is an option strategy brought forth by IVolatility.com. I actually use their site to look at IV charts for options. The strategy they are suggesting is a Bullish Call Ratio Backspread and a Short Put on SLW, a silver mining company. The Silver Story In IVolatility Trading Digest™ Volume 9, Issue 32, The Season for Gold, dated August 17, 2009 and then again, in IVolatility Trading Digest™ Volume 9, Issue 33, Seasonal Gold 2.0, dated August 24, 2009 we suggested new positions in the precious metals sector using silver and gold. Since they have both quickly moved up to their previous resistance highs we offer some additional background information and another idea for a potential upside breakout. Gold (cash) at 994.40 is within 12.03 of testing the previous high at 1006.43 made on February 20, ...

Horsehead Holding Corp. announced that it is resuming operations at one of its Zinc recycling facilities due to an increase in demand. Jim Hensler, the CEO of Horsehead Holding Corp., said “We remain hopeful that the economy will continue to strengthen as we head towards the 4(th) quarter of 2009.”

The facility is located in Rockwood, Tennessee, and was closed earlier due to the recession. Horsehead Holding Corp plans on starting one of two kilns by mid September 2009. In July 2009, the company restarted a zinc smelter located in Monaca, PA, due also to increased demand.

The facility processes electric arc furnace dust, a by-product of steel manufacturing. The dust contains 20% Zinc byproducts that can be used after processing by Horsehead Holding Corp.

Horsehead Holding Corp is a leading manufacturer of specialty zinc and zinc-based products through Horsehead Corporation, its wholly owned subsidiary. Aside from the

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The Congressional oversight panel (COP) of the TARP program is just out with its August report (http://cop.senate.gov/documents/cop-081109-report.pdf). In it, it warns: "Treasury‘s choice to pursue direct capital purchases resulted in a notable stabilization of the financial system, and it allowed the write-down of billions of dollars of troubled assets and reserve building. But, it is likely that an overwhelming portion of the troubled assets from last October remain on bank balance sheets today. "If the troubled assets held by banks prove to be worth less than their balance sheets currently indicate, the banks may be required to raise more capital. If the losses are severe enough, some financial institutions may be forced to cease operations. This means that the future performance of the economy and the performance of the underlying loans, as well as the method of valuation of the assets, are critical to the continued ...

DrStockPick.com

Dr Stock pick Hot Stock NEWS & Alert!

EXOU, HRAL, CSRH, STDF, CVAT, CRWE, AQNM

 

Today’s Stocks of Interest Are :

EXOU Exousia Advanced Materials, Inc (OTC BB: EXOU.OB) Exousia to be Cash Flow Positive in China in July HRAL, HearAtLast Holdings, Inc. in North America’s Billion Dollar Hearing ...

Dr Stock pick Hot Stock NEWS & Alert!

EXOU, HRAL, CSRH, STDF, CVAT, CRWE, AQNM

 

Today’s Stocks of Interest Are :

EXOU Exousia Advanced Materials, Inc (OTC BB: EXOU.OB) Exousia to be Cash Flow Positive in China in July HRAL, HearAtLast Holdings, Inc. in North America’s Billion Dollar Hearing ...

Most people think of warrants as being associated primarily with micro/nano cap i.e. junior gold and silver mining companies but that is not entirely the case. Of the 35 companies offering warrants of 24 or more months duration (of which there are 47 in total) 6 are large-cap commodity based companies (2 gold mining companies; 2 royalty companies; 1 oil and gas company; and 1 molybdenum miner). Below is a description of each of these companies and the performance of their stock and associated warrants week-ending July 10th.

Silver Wheaton Corp. (SLW) is a silver focused royalty company with nine long-term purchase agreements with companies in Mexico, Sweden, Peru, Portugal, Greece, USA and Canada to purchase a fixed percentage of their silver production at contracted prices for the life of the mines involved.

Blackmont Capital analyst Richard Gray has called Silver Wheaton’s May 2009 $243-million acquisition of smaller rival Silverstone …

 

“Good judgment comes from experience, and experience comes from bad judgment.” Barry Le Platner

All beginning traders lack one key ingredient for success: experience.  Experience is simply exposure to a particular activity over an extended period of time.  Good judgment is a by-product of experience and is necessary for success in all areas of life, from driving, cooking, golf, to surgery, etc, as well as, you guessed it, stock and options trading.  We can sum it up as follows:

EXPERIENCE = TIME + SPECIFIC ACTIVITY = GOOD JUDGMENT

Unfortunately, very few beginning traders have enough “education” money to succeed at trading because good judgment requires that a person remain focused on a specific activity long enough to draw sound conclusions.  In other words, good judgment is based on

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Before you ask the inevitable question “Have you lost your mind?” let me reveal the “method of my madness”.  There are a growing number of people including some level-headed analysts who have publicly wondered whether it was possible that the private ownership of physical gold might be outlawed in the United States.  Many would say that the likelihood of that in the land of democracy and The Constitution is virtually zero. That is what I’d like to believe as well, especially if I were more “historically naive”.  But, history does tell us that the US government, in the days of a fixed gold price, did intervene in a very direct manner with President F.D. Roosevelt  banning the “hoarding of gold coin, gold bullion, and gold certificates” and thus forcing US citizens to sell to Federal Reserve at $20 an ounce.  Subsequently the Fed raised the price of gold to $35

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by Edward Hugh: Barcelonabr /br /The title to this post poses an interesting question I think, since the answer you give to it would seem to depend more on the meaning you attribute to the word "really" than on any consensually agreed objective fact. This is especially the case since Spain itself has at least two "official" unemployment numbers, so the backround to (and reason for my asking) the question is the apparent divergence between these two numbers (one from the national statistics office, and one from the employment office INEM), both of which were given extensive international press coverage recently, with the ensuing "spread" between one reading and the other causing general confusion and even leading some to question the very validity of the whole Spanish "headcount" process. br /br /As we shall see, what we have here is not necessarily a simple "fudging" of numbers, but rather ...

by Edward Hugh: Barcelonabr /br /The global manufacturing recession continued in April, with rates of contraction for output, new orders and employment all showing what are effectively sharp contractions by historical standards. The rates of contraction however moderated almost universally, and this is now the fourth month where this moderation has been evident. Thus, while the contraction is far from over, it is reasonable to say the it has stabilised, and the big issue is at what rate it will hold in the months to come. The initial shock has now been absorbed, but that is a far cry from saying that we already have the worst behind us. The general deterioration in employment conditions raises the concern that as the impact of the government stimulus "shocks" in their turn wane, and as national banking systems come under the impact of the additional loan defaults the growing unemployment and falling ...