Stutland Equities will now have some national exposure as CNBC has announced a new show called "Options Action". The show will be hosted by Melissa Lee with a panel of four experts which includes yours truly. The show will be fast-paced round table discussion. I hope to provide some insight on how to profit from the news of the week using options. The show will start on January 16 and air at 11:30pm EST. on Friday Nights and will repeat on Saturday and Sunday mornings at 6:00am EST. Stay tuned for more details.
ECB officials said last night that ECB President Mario Draghi will likely wait to hear Germany’s Constitutional Court’s ruling on the EFSM before publicly unveiling his plans. Many were hoping Draghi would unveil his plan after the ECB’s September 6th meeting, but this is becoming increasingly unlikely. Today Reuters is reporting that Germany is the latest European nation to begin studying the possible impact of a Greek exit from the Euro. This comes ahead of Chancellor Merkel’s meeting with Greece’s Prime Minister today. Merkel has repeatedly said that she would like Greece to remain in the common currency, though clearly someone in Germany believes a Greek exit is possible outcome worth preparing for. This morning US new durable goods orders numbers we released for July, coming in at a gain of 4.2% M/M. Though this was strong than expected, it was primarily driven by strong aircraft sales. Non-defense orders excluding aircraft were down a sharp 3.4% M/M versus a 0.2% decline expecte...
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