Tag Archives: gary gordon

Which Financial ETFs Benefit From Reform Uncertainty? Which Could Break Down?

Gary Gordon submits: A year-long battle over health care reform kept their ETFs in check, though not due to the proposed regulations and possible restrictions. Wall Street simply hated the uncertainty. Once the political cloud lifted, however, many began picking medical device makers , biotech and brand name pharma as market out-performers. So here comes the next wave… financial reform. Considering the systemic breakdown of 2008, the Bernie Madoff scandal and the class warfare of Wall Street versus Main Street, it’s a bit surprising that Congress waited until 2010. Nevertheless, there’s plenty of “how-to-fix-the-system” ideas on the table. Complete Story

ArvinMeritor: Facing a Range-Bound Trade

optionMONSTER submits: By David Russell ArvinMeritor ( ARM ) is up more than 1,000% in the last year, and now one investor thinks it’s at the end of the road. optionMONSTER’s tracking systems detected the sale of about 7,500 May 15 puts for about $1.80 and a similar number of May 15 calls for $0.70, resulting in a credit of about $2.50. Volume was more than 18 times open interest in both strikes. Complete Story