Karim Rahemtulla (Investment U):
Of all the great investments you could have made in 2009, gold is right up there among the best of them.

The price of gold has surged this year, taking gold shares upwards with it. Readers of my Xcelerated Profits Report have rung the register with 45% profits on Goldcorp (NYSE: GG) and a triple-digit winner on Golden Star Resources (NYSE: GSS). We’re also up big on Yamana Gold (NYSE: AUY) at the moment.

All is good, right?

On the surface, perhaps. But not if you believe what the options market is saying…

Yamana Options Signal a Share Price Drop

Using Yamana as an example, the options market is betting that over the next 12 months or so, Yamana may fall from current levels of around $13 back into the single digits again.

Just take a look at the January 2011 $7.50 put options (the right to sell Yamana shares at $7.50), currently trading at $0.70 cents per contract. This means the put buyer thinks Yamana’s price will fall to $6.80 – almost 50% below current levels – in order to be in the money. The $6.80 price is derived from subtracting the price of the option from the strike price ($7.50 minus $0.70 = $6.80). This tale is similar across other gold shares, too.

These put options are expensive relative to Yamana’s share price – the result of gold prices moving sharply in previous weeks and causing the volatility in gold stocks to increase.

As a quick refresher, the price of an option is based on four major factors:

The price of the underlying shares
The options strike price
The time to expiration
The volatility of the underlying shares
Two Ways to Play Gold Prices… But Only One Viable Option

So if you’re a gold investor looking to participate in the market, what can you do to protect your profits, or buy shares at a lower price? Here are two potential ways…

Click here for the rest of Mr. Rahemtulla’s Analysis at Investment U.

You see, there are no upgrades or downgrades for covered calls, LEAPs, or puts.

It’s because most mutual fun managers can’t see beyond what they have been taught, which has predominantly been to “buy stocks.”

Sure, they’ve heard of options and even know how they work, but they are scared of showing options on their portfolios because the “Average Joe” that invests in mutual funds still looks at options with tremendous skepticism.

They’re dead wrong.

The options market was created for professionals and institutional money managers, who don’t report to the general public, but to their wealthy or sophisticated constituents.

When George Soros took down the Bank of England to the tune of billions of pounds, he did so by using the leverage that options provided him. He saw a trend and figured out how to best capitalize on it with risking less money . If it went against him, he would have lost big, but not nearly as big as someone who was risking it all.

The key to trading options is knowing how to use them to maximize the efficiency of your money. The first – and easiest – strategy for using options is the covered call trade. Here’s how you can use it to separate yourself from the average investor.

Why a Covered Call is “Covered”

In order to execute a covered call trade you need to use both a stock and an option.

The reason it’s called “covered” is because it means that your trade using the option is covered by the underlying shares that you own.

There is no risk to the broker when you execute this trade because if it goes against you, there is protection of equity by the shares you already own. That is why this type of trade can be done by anyone in any type of account, including your retirement account.

When you enter into a conventional covered call trade you are pledging to sell your shares at a certain price (strike price) on a certain date (expiration). For pledging your shares, you will be paid money (premium).

Consider yourself a stock landlord. You are renting your property for any given time, and expect to be paid for it. The money or rent that you receive is yours to keep, spend or reinvest.

In other words, you will have reduced the basis of your stock by receiving money back for the “rental.” Remember that anytime you reduce your cost basis, you have also reduced your risk.

How to Place a Covered Call Trade

An example of a conventional covered call trade would be something like this:

• You buy 1,000 shares of Yamana Gold (NYSE: AUY) for $8.50 per share. You think that Yamana can go to $10 by year’s end. You look at the options chain (a listing of the options available) and find out what the market is buying and selling Yamana’s $10 options for.
• Just like stocks, you buy at the offer/ask and sell at the bid. In this case, you see that the option is trading for $0.90 on the bid and $0.95 on the offer.
• Options are priced in increments of $0.01, $0.05 and $0.10 depending on volume traded, and selling price. In the case of Yamana, this set of options is priced in $0.05 increments.
• Options trade as contracts and each is equivalent to 100 shares of stock. The price is listed in per share amounts but is for 100 shares. So, while the Yamana options are priced at $0.90 by $0.95, the minimum dollar amount that you need to be aware of is for one contract or $90 by $95.

It also means, for the purposes of covered call investing, that you need to own at least 100 shares of Yamana to execute the trade.

• The strike price of $10 means that the buyer or seller of the option is has the right to either buy or sell Yamana at $10 depending on the strategy used and if the contract is bought or sold.
• If the option is sold, as in the case of a covered call trade, the seller of the option is obligated to deliver shares of Yamana to the buyer if the shares close at $10 or higher.

The buyer of the option has the option of taking delivery of the shares or selling the option back into the market.

Getting back to our covered call example, let’s get some other details:

You bought 1,000 shares of Yamana at $8.40, so you paid $8,400. You then sold 10 contracts of the Yamana January $10 call option. (Remember each contract equals 100 shares so for 1,000 shares you must sell 10 contracts.) You sell the options at the bid price of $0.90 receiving proceeds of $900. The $900 comes from 10 contracts, or 1,000 shares, times $0.90 per share.

Your cost in Yamana has now been reduced by 90 cents per share, so it is now $7.50 (8.40 minus $0.90) and the money you received, 90 cents per share is yours to do with what you will.

So how does it all end?

There are three possible scenarios in the works now.

• First, if Yamana closes at $10 or higher at the expiration date in January, your shares will be automatically sold to the buyer of the option at $10 per share, regardless of what price Yamana is trading for, as long as it is $10 or higher.That buyer who you sold the option to was betting that Yamana would close at $10.90 or higher in order for him to make money. Anything less and he loses. The $10.90 comes from the $10 strike plus his cost of $0.90 for the option. If it closes at $10 or higher you will make 33% on your money ($10 strike minus $7.50 cost = $2.50 profit. $2.50 profit divided by $7.50 cost equals 33%).
• If Yamana goes nowhere at stays at $8.40 at expiration you will still make money because you took in 90 cents when you sold the option. Therefore, your return on the trade would be 12% ($8.40 minus $0.90 = $7.50. $0.90 divided by $7.50 = 12%). Since the shares weren’t higher than $10 at expiration, the contract wasn’t executed and it would expire worthless. But you still retain ownership of the shares, free to sell another covered call.
• Finally, if Yamana closes below $8.40, you will still make money since your cost was $7.50. You can only lose money if Yamana closes below $7.50, your adjusted cost and your breakeven point.

Profiting From Covered Calls

As long as Yamana closes below $10, you will retain ownership of the shares and face two options. The first would be to sell your stock and the second would be to sell even more CALL options against your position further reducing your cost. As the owner of the shares you are entitled to any dividends that are paid to shareholders during your period of ownership.

To summarize:

• A covered call trade requires you to own the shares that you then sell options against.

• The money received from selling the options is yours to keep immediately.

• If the shares close above your strike price, they will be taken away (called away) from your account automatically and the money will be deposited in your account.

• Covered calls can be done in any type of account, including retirement accounts.

• Covered call trading can generate additional income while reducing your risk.

Stay tuned over the next few weeks as we break these profitable option trades down even further and we will explore a variation on covered call trading that can reduce your risk substantially while still providing double-digit returns.

Source: Covered Calls: Five Steps to Make Profitable Option Trades

Most mutual fund managers can’t see much further beyond Investing 101, and too many people in general are skeptical of options altogether. The problem is that they have no idea what they’re missing.

The options market was created for professionals, institutional money managers, and those who report to their wealthy, sophisticated constituents instead of the general public. But that doesn’t mean that the average Joe and Jane can’t use it too. They just need to get a few pieces of inside information first.

When George Soros took down the Bank of England to the tune of billions of pounds, he did it by using the leverage that options provided him. Basically, he saw a trend and figured out how to exploit it legally and with a surprisingly small amount of risk.

Sure, if it went against him, he would have lost out big time, but not nearly as much as someone who played the game the usual way. You see, the key to trading options is knowing how to use them to maximize the efficiency of your money. And the first and easiest strategy for doing that is the covered call trade…

Get “Free” Money

In order to execute a covered call trade you need to use both a stock and an option, hence the term “covered.” It means that your trade is covered by the underlying shares that you own.

There is no risk to the broker when you execute it since there is protection of equity by the shares you already own even if it goes against you. And that’s the reason why covered calls can be used by anyone in any type of account, including your retirement account.

When you enter into a conventional covered call trade, you’re essentially pledging to sell your shares at a certain price – known as the strike price – on a certain date, commonly referred to as expiration.

For pledging your shares, a buyer pays you an amount of money called a premium. And it doesn’t matter what the final outcome is; you still get to keep that premium regardless of who ends up with the shares in the end.

Since it’s yours to keep, spend or reinvest, you reduce the basis of your stock. Remember: Anytime you reduce your basis or capital risk, you also reduce your risk.

The One, Two, Threes Of A Covered Call

A typical covered call trade would go something like this:

Step 1: You buy 1,000 shares of Yamana Gold (NYSE: AUY) for $8.40 per share, totaling $8,400, and since you believe that the stock can go to $10 by year’s end, you look at an options chain (a listing of options available) to find out what the market is buying and selling the Yamana $10 options for.

(Note: This market is open to anyone who wishes to buy or sell options)

Step 2: The option is trading for $0.90 on the bid and $0.95 on the offer, so you sell 10 contracts of the Yamana January $10 call options, receiving proceeds of $900.

Now a few things to keep in mind before we go on…

• Just as with stock, you buy at the offer and sell at the bid.

• Options are always priced in increments of $0.01, $0.05 and $0.10 depending on volume traded and selling price. The Yamana options are priced in $0.05 increments and the price reflected is per share x 100 shares.

• Options trade as contracts, and each contract is equivalent to 100 shares of stock. So while the Yamana options are priced at $0.90 by $0.95, the minimum dollar amount that you need to be aware of is for 1 contract or $90 by $95. And it also means for the purpose of covered call trading, that you need to own at least 100 shares of Yamana to execute the trade.

• The strike price of $10 means that the buyer or seller of the option has the right to either buy or sell Yamana at $10 depending on the strategy used. If the option is sold – as in the case of a covered call trade – the seller of the option is obligated to deliver shares of Yamana to the buyer of the option if the shares close at $10 or higher.

The buyer of the option then has the option of taking delivery of the shares or selling the option back into the market.

As Close To A Win-Win Conclusion As You Can Possibly Get

Step 3: With your cost now reduced by 90 cents per share to $7.50 ($8.40 – $0.90), you wait for one of three possible outcomes.

Yamana closes at $10 or higher at expiration in January, in which case your shares will automatically be sold to the buyer of the option at $10 per share.

(In order for the buyer in this case to have made any money, Yamana would have to close at $10.90 ($10 strike price + cost of $0.90 per option) or higher. Anything less, and it wasn’t worth it.)

If it closes at $10 or higher you make 33% on your money ($10 strike minus $7.50 cost = $2.50 profit. $2.50 profit divided by $7.50 cost equals 33%). Or…

Yamana stays at $8.40 come expiration. In that case, as the seller, you still make money because you took in $0.90 per option you sold. Therefore, your return on the trade would be 12% ($8.40 minus $0.90 = $7.50. $0.90 divided by $7.50 = 12%) and you would still retain ownership of the shares since they didn’t close above $10. Or…

Yamana closes below $8.40, in which case you still make money, since your cost was $7.50. The only way you lose money if Yamana closes below $7.50, your adjusted cost and your breakeven point.

Covered Calls: As Simple As That

Basically, just as long as Yamana closes below $10, you retain ownership of those shares. And from there, you can either sell your stock at a time you see fit or keep it to sell even more call options against your position, reducing your cost even more in the process.

And as the owner of the shares, you’re entitled to any dividends paid out to shareholders during your stint as owner.

So let’s summarize:

• A covered call trade requires you to own the shares that you then sell options against.
• The money received from selling the options is yours to keep immediately.
• If the shares close above your strike price, they will be taken away (called away) from your account automatically and the money will be deposited in your account.
• Covered calls can be done in any type of account, including retirement accounts.
• Covered call trading can generate additional income while reducing your risk.

Next week, we’ll explore a variation on covered call trading that can reduce your risk substantially while still providing double-digit returns.

Karim

Source:  What You Need To Know About Covered Call Trading

Paralysis is not an option. Neither is making 1% or less on your cash every year when there is a high probability of out-of-control inflation in the years ahead.

You need to have a plan that can take advantage of what the market offers. And simply put, that means employing strategies that work both the long and short sides…

Expand Your Investment Horizons

Until recently, most investors have feared executing anything but the most basic investment strategies: Buying stocks, trading stocks, and in many cases, just buying and holding stocks.

While there’s nothing wrong with any of those moneymaking methods, they only scratch the surface of what the market really has to offer.

And in an increasingly complex and volatile market, there’s no better time to expand your horizons and learn how to execute the strategies that can enhance your returns, protect your portfolio and get you excited you about investing, rather than fearful.

Are Options Dangerous?

My specialty is options.

When I mention that to people, I’ll often get a rolling of eyes, or some kind of, “Wow, that’s kind of risky, isn’t it?” reaction.

Are options “dangerous” investments?

Well, any investment is dangerous if you don’t understand it. Even having money in a CD can be a painful experience when interest rates are rising and you’re locked into 2% for five years. Just ask those who locked up their money at 8% in U.S. Treasuries in the mid 1970s, only to watch rates eclipse 18%.

So options can be dangerous… if you don’t know what you’re doing. Then again, investing in Worldcom, Enron, WAMU, Fannie Mae and General Motors was dangerous, too.

And if you don’t take the time to learn how options work and what’s happening with your money when you use them, options most likely will prove dangerous for you.

The people who lose money in the options markets are the ones who view it like Vegas on Wall Street. They use options to gamble. But options aren’t weapons of financial destruction. They are, in fact, the opposite…

A Barrage Of Options Benefits

I’ve spent years telling people that far from being scary, options are very efficient instruments that allow you to control your money like no other tool on the market today.

Many investors have realized that once you do your homework, options make you a smarter investor, less dependent on the market’s vagaries and whims.

Among their benefits, options allow you to…

• Buy stocks for less than their current prices… or get paid for the effort.

• Protect your downside by offering insurance against downward movement in price.

• Generate greater income than dividends from your current holdings.

• Control stocks and benefit from their movement, while using significantly less capital to do so and giving you the luxury of more time for the situation to work in your favor.

• Play both sides of the market or a stock simultaneously for potentially unlimited gains.

So why do people think options are dangerous?

To answer this question we must take a look at the other side of the trade…

Winning Without Gambling

For every option seller, there is a buyer.

For every covered call, put-sell, straddle, strangle, etc, there has to be a counter-party. Most of the time, youdon’t want to be in this position.

These are the gambling types I mentioned a moment ago. In their eyes, options represent a lotto ticket to fortune. The chance of winning the lotto in a state like Florida is one in 18 million. But that doesn’t stop people from buying tickets. The losers in the options market adopt the “you can’t win if you don’t buy a ticket” mentality, giving the entire subject a bad name.

But you don’t have to join them. Instead you can execute proven strategies that work – and work well in any type of market, especially volatile ones. Over the next few weeks, I’ll explore several strategies in-depth (a mini-workshop if you will), so stay tuned, Meantime, feel free to browse our archives to get a head-start.

Source: The Options Market: Overcome Your Fear And Embrace These Lucrative Instruments

So much for history.

It makes more sense to focus on the present – and that means taking what the market gives us. With commodities, that’s a hearty dose of volatility…

Another Chance To Go Long On Natural Gas

The natural gas market giveth and then taketh away.

We’ve been bullish on the natural gas market since the price hit a long-term support level near the $4.500 per MMbtu mark a few months back. Since making a new low price of $3.740 (based on the May 2009 futures contract) on March 18, the futures blasted higher by 1,000 ticks and reached a high of $4.750.

But with a surprise Energy Information Administration report last Thursday, which showed a much larger buildup of underground natural gas supplies, the market has sunk right back to its lows of $3.750 per MMBtu.

Although we’re a little disappointed with the current state of this market, we continue to like natural gas for the very long-term – particularly as hurricane season creeps closer and the risk of damage to natural gas operations in the Gulf heightens.

If you’re thinking of initiating bullish trades, you can do it through the natural gas futures options market on the NYMEX, or on the market’s main ETF – the United States Natural Gas Fund (NYSE: UNG).

A Wide Range For Crude Ahead

Crude oil continues to swing in large ranges.

The May futures contract just hit a near-term high of $54.66 per barrel – a significant jump from its low of just under $40 last month. But with a bout of profit-taking in the mix, the contract’s 20-day moving average has moved to support near $49 per barrel.

Depending on the mood of the market, we could see oil hold at this level and head higher again. If it doesn’t hold, though, we could see a drop back down to $40 very quickly.

Regardless, our near-term trading range for oil continues to fall between $30 and $60 a barrel.

Metals Pause For Breath… But Get Ready For The Next Move Higher

With gold and silver having recently tagged highs ($1,000 per ounce for gold and $14.50 per ounce for silver), both have taken a bit of a breather and retraced some of their gains.

This kind of profit-taking is perfectly normal – and is actually a good thing, as it gives the markets a chance to consolidate in preparation for the next leg higher. We still believe this will happen.

For gold: We don’t see the front-month futures contract (June) trading much below $870 per ounce after the current pullback is over.

For silver: We shouldn’t see a price much below $12 an ounce for the May contract.

With the stock markets still unsteady, many investors are sticking with metals as part of a diversified portfolio.

Aside from using limited-risk option strategies to play gold and silver futures options on the COMEX market, you can buy outright shares of the ETFs that track the price performance of gold and silver – the SPDR Gold Trust (NYSE: GLD) and iShares Silver Trust (NYSE: SLV) respectively. You can also play options on these ETFs.

Could Winds Whip OJ Into A Bullish Frenzy?

Keep an eye on the orange juice market. It’s definitely bounced off its yearly lows near $.65 per pound and has trended higher to its current price of $.77 per pound.

Orange juice is a market that heats up towards the late spring/early summer – and is then on full “hurricane watch” from June until November. We’ll continue to post the monthly chart of orange juice as a reference point of where it’s been before – and could potentially go again.

That’s all for this edition. Catch you next time.

Source: Natural Gas: Another Chance to Profit As This Commodity Takes a Tumble

You may be surprised to learn that you can actually harness market volatility and make it work for you, not against you, allowing you to recoup losses and even make money.

Do you know how to do it?

The truth is… the stock market hates volatility. And suffice it to say that investors also loath the daily swings that can take their portfolios down 10% one week and back up again the week after. That’s if they even have the will to stay invested, of course.

But there is a select group of investors who relish market volatility. They thrive on it. And they see big swings in stock prices as an opportunity to make money. Big money. Today, I’ll show you how to become one of them…

Simple-to-Execute Option Investment Strategies

Okay, hang onto your hat… both investment strategies involve the use of options.

No, not the scary, complex ones. The simple-to-execute options that can actually prove extremely valuable in any market – but particularly one like this.

Buying options is easy enough.

• When you buy calls, you’re simply betting that a stock will rise.
• When you buy puts, you think the stock will fall.

But this is no different than placing a short-term bet on the direction of a stock or index – something that is very tough to do consistently. And because of volatility, you will overpay each time you buy an option.

A better way to play the options market is to understand what happens when you sell options. This is the “other side” of the trade – the infinitely more profitable side of volatility and a more consistent way to make money from the stock market.

Profit From Market Volatility #1: Using Covered Calls

Market volatility is so rampant today because investors are uncertain about the direction of stocks in the short-term. No surprise there.

But with daily double-digit swings and volatility so high, the price for buying options has shot through the roof.

That’s bad news for suckers, but excellent news for us.

That’s because the first way to profit from market volatility is to sell calls against stocks that you own or that you want to buy. When you sell an option, you get a lot more money. In fact, you get the money upfront and it’s yours to keep, no matter what happens.

I’ll give you an example of this volatility at work…

Last month, Wells Fargo (NYSE: WFC) traded between $9 and $20. For a bank stock, that $11 range is very wide (of course, we all know why that happened). By comparison, the stock traded between $29 and $34 – a $5 range in February 2008.

In percentage terms, the numbers are much more revealing. In February 2008, WFC traded with swings of less than 20%. But last month, those swings rocketed to more than 100%.

Simply put, this means the cost for WFC options with a strike price at-the-money (at or near the current price) on any given day last month was between 3 and 4 times the price at the same time last year.

So let’s say that WFC was trading at $10. The $10 option this year with a one-month expiration would have cost you over $2.50. Last year, a corresponding at-the-money option with a one-month expiration would have cost less than $1.

So the lesson here would have been to buy WFC shares and then sell call options against them to reduce your cost and protect your downside.

That’s one way to beat market volatility. Here’s another…

Profit From Market Volatility #2: Selling Put Options

What if you could make an investment where you could choose the price you want to pay for a stock and don’t have to pay for the shares unless the price falls to that level?

Oh, and also get paid money upfront, just for trying?

That’s the essence of selling put options.

When you sell a put option, you receive the cash from the sale in your trading account immediately. In return, you’re then obligated to buy the shares if they fall to your strike price at or before expiration.

Let’s look at an example of how market volatility and put selling are a marriage made in stock market heaven…

Let’s say that Microsoft (Nasdaq: MSFT) is trading at $15 – a ridiculously low level for a cash-rich, debt-free company.

Because MSFT is moving with such volatility, the price for buying call options or put options is extraordinarily high. Forget that. You decide that you’d like to own MSFT at $12.50 – a price not seen since 1997 when the company was one-quarter the size it is today, with much less cash on the books. At $12.50, you’d own MSFT at 3x cash and 5x earnings – an outstanding bargain in any market.

Here’s what you’d do…

• Sell the MSFT $12.50 put options for $1. If you sold 10 contracts, you’d be “paid” $1,000 immediately because 10 multiplied by 100 (the options multiplier, because one contract is made up of 100 shares) is $1,000.
• You’d then be obligated to buy MSFT at $12.50 if it closed below that level. So be careful not to sell more contracts of shares that you can afford to buy.
• Your ultimate cost would be $11.50 per share (accounting for the $1 option premium) – a full $6.50 below current levels.
• If MSFT does not close below $12.50, you’d keep the cash – basically getting paid for trying to own MSFT at your price.

Once again the volatility of MSFT is 47 – more than double its historical volatility. And that volatility results in massive option premiums – which you receive as the seller.

Embrace Market Volatility… Don’t Fear It

Equipped with the right investment strategy, you don’t have to fear market volatility. In fact, volatility can be your best friend in the current market – and is the key to making money like the pros do.

Remember, for every loser in the market, there is also a winner. And in this market, the winners are those who have figured out how to use market volatility, not be abused by it.

Source: Two Ways To Make Money From Market Volatility

For decades, investors valued a company’s shares based on their estimates of the company’s net present value of future earnings. In other words, what is an infinite stream of future earnings worth to us today?

The key to valuations used to be the fact that all businesses are expected to be a “going concern,” meaning they will be around forever. But now, we are valuing stocks based on the assumption that companies may not be here next quarter, let alone next decade.

The action at Citigroup (NYSE:C) is a perfect example. Right now, with shares priced at $3.78, Wall Street is essentially telling us that it calculates the present value of all of Citi’s future earnings at just $21 billion. That figure is roughly the same amount the company earned in 2006, when share price was over $50.

The tide will turn

At today’s price, investors are telling us they believe it will be a long time, if ever, before Citi returns to the same kind of profitability. They are probably right. After this maelstrom of deleveraging, the bank has a long road ahead of it.

But to price this company like it is going out of business is a mistake. It will survive the financial crisis and its position as a “going concern” will become obvious once again.

I have been watching Citi’s action on the options market closely today. Right now, put trading activity outweighs call activity by a 2-to-1 margin, meaning lots of investors are protecting against the downside.

Frankly, I believe the action has more to do with the fact that today is an options expiration day than any fundamental changes in the company’s long-term outlook. Investors are rolling over their options and entering a new front-month contract.

The rapid selling of shares of Citi will soon stop and the frenzy will be over. When it does, anybody that bought shares at today’s ultra-low price will love their move.

Citi’s selling is overdone. Buy shares of the company anywhere below $4.00.

Source: The market’s fundamental error: Buy shares of Citi (NSYE:C)

For some folks, like the current leader Ed Krukonis, the gains are really starting to pile up.  His portfolio is really taking off and is more than double the size of most of his competitors.  It will be interesting to see how his portfolio shapes up as the dollar strengthens and interest rates hold steady.

If you are falling behind and want to catch up, take a look at the options market.

Thanks to The Street’s inability to shake off the temptations of the bulls, the equities market is becoming top-heavy.  With the Dow over 13,000, it can topple and fall at any moment.  Take a short position in the companies that will be hurt most by a weak dollar and a consumer low on cash.  You could be on top of the leader board in no time.

Until next week, enjoy your membership at TodaysFinancialNews.com and keep on trading.

Enjoy your day,
Andrew Snyder

Editors note: Stockonomist: Simulator Weekly Update originally appeared in  TodaysFinancialNews.com LLC – visit Today’s Financial News for more great content.