China has opened up gold to its public to allow them to protect their wealth, America discourages public investment in gold, China may back out of derivative contracts, traps and uncertainty remain for any actions, Turn your ETF into physical now,
Wednesday, September 9, 2009
Floating Derivatives In Uncertain Waters Increases Risk of Drowning
Posted by st0ckman at 3:00 PM 0 comments
Cramer and Sheen to Cameo Wall Street 2
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Oh, The New York Times, if only you had been keeping up with your internet research, you wouldn't have thought that Charlie Sheen making a cameo in Wall Street 2 was nearly as interesting. As a matter of fact, if you wanted to know about Money Never Sleeps, the Wall Street sequel, you could have watched our video script review coverage and we would have told you about Sheen, Shia LaBeouf's character, Gekko's return - the works. As it is, The Times did get to talk to Oliver Stone as he wandered around Wall Street a week before he starts filming the sequel. Stone seems whimsical that things in the financial sector that never would have gotten press coverage before started getting noticed after his film. Both he and Michael Douglas (who will be returning to his Oscar winning portrayal of Gekko) say it's weird to have fresh-faced Wall Streeters tell them how the original 1987 film got them into the business. As far as cameos go, Sheen isn't the only one The New York Times is reporting: Another aspect of Wall Street that changed — the financial press — borrowed some of the glamour of the film’s subject. Jim Cramer, the hyperkinetic host of “Mad Money” on CNBC and a former hedge fund manager, who certainly did his part to alter the complexion of financial news, will make an appearance in the film. |
News: Cramer and Sheen to Cameo Wall Street 2 | Latino Review
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Posted by st0ckman at 12:38 PM 0 comments
"Wall Street" Sequel: Michael Douglas, Oliver Stone
LOS ANGELES — Michael Douglas and Oliver Stone are back together again with a sequel to their 1987 hit "Wall Street."
Douglas is reprising his role as Gordon Gekko and Stone is on board again to direct the sequel, which for now has the working title "Wall Street 2," said 20th Century Fox spokesman Gregg Brilliant.
Brilliant said the project is timely and relevant given the state of the world.
"We need to keep the story line under wraps, but it's literally ripped from today's headlines," Brilliant said. "It's going to be very big and very cool."
With the economy and financial markets in a tailspin, it will be different times for Douglas' Gekko. In the original film, corporate raider Gekko was a symbol of Wall Street greed and corruption during the boom era of the 1980s.
Gekko has endured because audiences give him the "same kind of respect we've got for the great white shark," Douglas said in an interview Friday with Associated Press Television News for his upcoming life-achievement award from the American Film Institute.
"He's a villain. Gordon Gekko is a great, old-fashioned villain," Douglas said. "And, interestingly enough, if you look at most actors' careers, their biggest achievement, not necessarily success, but (achievement), is playing a bad guy."
Academy Awards voters agreed. Douglas earned the best-actor Oscar for Gekko.
The sequel is scheduled to start shooting this summer. Edward Pressman, who produced "Wall Street," also is back for the sequel, while Allan Loeb ("21") wrote the screenplay.
"Wall Street" Sequel: Michael Douglas, Oliver Stone On Board
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Posted by st0ckman at 9:30 AM 0 comments
NYSE Arca Morning Update - 08:30:00 ET
NYSE Arca Morning Update for Wednesday, Sep 9, 2009 :
STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)
Stock Tuesday's Close Current Price Pct Change Current NYSE ARCA Vol
VVUS $6.91 $10.31 49.2% 1,240,488
ISTA $5.70 $7.08 24.3% 43,187
HITK $17.22 $20.81 20.9% 14,085
10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET
BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $74,264,355 $103.22 0.3% | C 1,370,356 $4.74 1.5%
VVUS $13,203,106 $10.31 49.2% | VVUS 1,240,488 $10.31 49.2%
GE $8,441,668 $14.92 3.0% | SPY 720,508 $103.22 0.3%
GLD $8,416,939 $98.05 0.6% | GE 567,231 $14.92 3.0%
C $6,493,351 $4.74 1.5% | FNM 270,122 $1.64 0.0%
FAS $4,966,228 $73.58 0.6% | XOMA 206,399 $0.88 7.2%
GS $3,509,462 $168.22 0.6% | BAC 198,507 $17.09 0.4%
BAC $3,383,071 $17.09 0.4% | UNG 184,497 $10.62 3.1%
SDS $3,295,839 $42.88 ( 0.6%) | OPXA 170,426 $4.86 (13.4%)
GOLD $3,003,588 $71.06 2.5% | HYTM 170,306 $1.03 83.9%
Price changes may be affected by symbol splits and dividends.
Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.
This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp
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Posted by st0ckman at 8:35 AM 0 comments