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March 28, 2008

China stocks rise 4.9 pct; rumour of official aid

SHANGHAI, March 28 - China’s main stock index surged nearly 5 percent on Friday, its biggest daily rise since early February, as large caps rebounded and rumours of government aid to support stocks swept the market.

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Horizontal Debit Spreads

The horizontal debit spread is a neutral strategy when constructed using at-the-money options. As such, it is a good strategy to use in a choppy, sideways market.

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What Goes Up...

Although select metal stocks are doing well, there is one that is getting hit pretty hard - Empire Resources (ERS) ( Read More )

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Shake-up in Japan sought after arrest

Tokyo: In heated debate in the Japanese parliament yesterday, legislators demanded stricter monitoring over stock trading after the head of Internet company Livedoor was arrested on suspicion of violating securities laws.

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