Investing Questions and Answers

Do you think part of todays selloff may be caused by jitters over Super Tuesday results?




Answers: No. The falloff was the result of the ISM report for the service sector. The composite was 44.6 and the non-manufacturing 41.9. The expectation was 53. At the beginning of the last recession the number was 50, and stayed around 48-49 during the recession.

Bottom line: We are a service economy and the numbers were pitiful!
No, super Tuesday had absolutely nothing to do with todays selloff. Even the ISM numbers were simply an excuse, although they undoubtedly contributed slightly to the size of the selloff, but not much. The market had made a significant bounce in the last two weeks, based upon short covering, bargain hunting, and institutional investors positioning themselves for the third quarter rebound in transports and retails. Today the shorts returned, the buyers stepped aside, and the market went down. You really should have seen this coming. You should have been selling into the rally. So that you could buy on this leg down. That's how a trader makes money. Buy when the market goes down, and sell when it goes up. Pretty dang simple. Don't be too quick to buy into this downtick, be patient, and wait for oppurtunities.

How much are these gold ingots coins worth>?

I have four sets of 1976 commerative gold ingots coins from the olympics in montreal. respectively set of four consists of 2 $10 coins and 2 $5coins in near on plastic holders and the four holders are in a wooden and leather defence. each shield has a authorization of authenticity with it. i am looking to vend them and wondering how much they are worth.


Answers: $8 dollars a piece...but I'll give you $9
looking at Ebay the $5 coins are selling for roughly speaking $8

The $10 coins are selling for $13 - $15.

All selling prices in USD.
I'm guessing they any aren't pure gold or they are incredibly tiny, so not greatly much at all.

How something like a straddle on DIS, the implied volitility is 29% i believe. and as volitile as the market be?

maybe it will income off. option stocks trading


Answers: Implied volatility (IV) is still greater than historical volatility (HV) and at around 30% it is certainly highly developed than it has be most of the year.

http://www.ivolatility.com/options.j?tic...

Unless I had a specific object to believe that IV was going to increase soon I would not find it an attractive applicant for a long straddle.

That does not mean that I don't contemplate there is a unprejudiced chance of a DIS straddle making money. It simply means that I do not consider the source you listed ("implied volitility is 29%") to be a compelling defence for a long straddle.
Sounds reasonable to me. Disney is a tough hail as and I don't have an judgment on it one way or another, although souk conditions are obviously within a correction overall. Good luck if you do it, will keep it on the radar near earnings due.

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