. >> goldman up. credit squeeze down. if you own the stock up 40% now from the mid-december lows.don't collect the dividend is put on a put spread call. i was looking a tht the may 150, 170. spend about $14 for those. sell the 150s against it. and then sell the 200 calls for $7.35. no net debit to put this on. protection from 170 to 150. >> all right. thanks for that trade. catch more "options action" every friday at 5:00. follow the show on twitter. >>> next on "fast," the secret lives of traders. stay tuned. this is $100,000. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. >>> welcome back to "fast." professional traders are unadashed risk takers. always looking for the next hot opportunity to trade and own as well. sharon epperson caught up with a few of them on high stakes for traders who were following the game. what'd you find? >> the

we highlighted citi and goldman sachs. citi was up and goldman sachs was up better than 2%. something that you noticed during the program, joe. >> yeah, financials lifting here. it's important. good contribution. financials have been strong for the month of january. i might add american express to my position. >> b.k., let me get your thought on some of the super regionals. >> i still think there's a little bit more left in that trade. i understand what joe t. is saying, but kre up to 28, i'm still a buyer. >> let's get to our final trades now. zach, what do you have for us? >> we've talked about both, broadcom and also qualcomm, later this week. >> do you think amazon is going to surprise after the bell to the upside? >> i think collins' points are good. they're going to do whatever they want to do today. >> way to take a position there, zach. >> i'm long the calls. >> patty? >> amazon looks interesting but i wouldn't be putting a lot in there. i would be tip-toeing into nike. >> b.k.? >> xlf. >> and regions, not saying short them. more opportunity ith

moammar gadhafi ended up really you know a term as whatever he was over there dictator eventually having to be succumbing to tony blair who came in there and stole all the money goldman sachs and who ended up you know in an uncompromising position on the floor of their dead due to the ability of one side to float city collateralize paper over the go with the actual oil that that matched that of the guy with the oil so no one that matched but no you're going to blow up that mess because he's got the accounting agencies the investment banks the whole entire government totally corrupt with fake boogers paper one percent trillions of dollars with it used as leverage to undermine everybody except them so the huge bonus like don't blow your frickin terrorist now speaking of bogus that's my next headline my final headline here max offer to buy kodak ruled the bogus u.s. district court paul seahawk in florida so merrily ruled in favor of the u.s. securities and exchange commission in this lawsuit against alan weintraub and his firm sterling global holdings now this man earlier in two thousand and eleven he apparently sent a letter to both kodak and to a.m.r. the parent compa

and it was some trainer in europe who came up steve she found the loophole that allowed her goldman to sell greek fraudulent paper without getting quote unquote caught and this is set the stage for this massive journey into a fraudulent black hole now greece is waking up to the fact that wait a minute you're the ones who stand to lose even if we default on all of our bonds two or three years later we can sell new bonds look at iceland iceland was able to sell new bonds two or three years after they defaulted look at argentina they sold new bonds after they defaulted the idea they won't notice obama is if you default is bogus it's an idea sold to you by the same people who put you in this untenable position i only wish arlen would figure this out arlen still believes that they have to kowtow to the terrorist the financial terrorists that are holding them hostage that's not true at the top of our we talked about this for one nine scam on an epic scale then karl denninger basically suggests that's what these no default risk of sovereign bonds is as well because he says they're right th

northern trust fell almost 2% after its earnings came up short compared to expectations. but it was goldman's performance that topped the financial sector, making it the best stock sector today, rising almost 2%. technology and consumer stocks did well too, up 1.6% each. helping consumer stocks was less pessimism among home builders. sentiment from that industry is at its highest level since 2007. k.b. homes and m.d.c. holdings jumped 7.5% each. pulte group was up 6% to its highest price since june. while technology stocks rose as a group, the laggard was ebay, slipping ahead of reporting a solid fourth quarter. earnings came in three cents better than estimates, driven by its paypal and auction units, which saw double-digit jumps in revenue. however, the first quarter outlook was a tad shy of estimates. you can see the small loss during the regular session today, but after hours, shares gained almost 2%, putting it close to $31 per share. some analysts point out ebay has a history of giving cautious guidance. driving technology today was semiconductor stocks. chip maker linear technology jum

recent piece well this goes back a long way goes back almost twenty years it was goldman sachs who in basically came up with what was called the goldman sachs commodity index it's been since been sold off but the g.s.t. i was basically the idea that you could invest fund could invest in a basket of commodities of which energy was crude oil was the biggest by far. and that the genius piece of marketing which they came up with was to basically sell this to investors as what they called an inflation hedge so and they they they sold this concept of actually hedging inflation by investing directly in commodities by creating this fund the c.i. for and then in one thousand nine hundred ninety five what happened. was that from that time onwards goldman sachs and b.p. were essentially i say joined at the head joined at the head they have the same chairman peter sutherland he was the head of the w.t. oh. very well connected he was the chairman of both organizations for twelve years and for nine hundred ninety nine john browne lowbrow i'm sorry he was also on the goldman sachs board for i think some of the most p

america and focus on these guys that still have, you know, street consensus that is up significantly year over year. goldman's consensus is up 50% year over year. >> let's move on. hit the call of the day there. on apple's reach into china. according to the firm, apple could sell as many and adding china could add about ten bucks a share to apple's earnings per share in 2013. this is extremely bullish. imagine adding just $10 in earning power next year. >> said on the call last week. staggering. that's how we identify the opportunities in china and i think clearly they are. i think the question with apple in the near term is simple. you have a lot of folks that have sat on the sidelines, myself being one of them, looking to take out last week's 454 earnings high. once you get a close above there you'll see aggressive buying for all the wait and see buyers who have point of troempbs work against. i think then apple moves to 500. some of the second derivative plays on apple, nuance has corrected somewhat. i would say with nuance i'd have that more as a neutral stance. cirrus logic pulled back. that's a name you

goldman....(áááááquick nats up full: man talking to his dog, ettááá)..........adores his dog cleo. nst a neighbor. (goldman/neighbor) "hees a horrible person. if he could do that to a little dog, god only knows what he could do to a person if he really, you know, was upset enough." (scollins/animal control) "luckily we don't have many cases like this in baltimore county. luckily it was a rare occurance. even so, when itt does occurr we're going to make that, number one the animal is immediately removed from the situation and treated. number two, that the person responsible is brought to justice.." wallace is in jail tonight on a 250-thousand dollars bond. live in mount washington, keith daniels, fox 45 news at ten. he... loves ...his football../ áábutáá... a... priest... / in... texas.../ ááalsoáá... loves ...his... church. church.that's why he's making a big sacrifice.father stan de boe is auctioning off a ticket to this sunday's ravens texans game.it's part of an effort to raise money for his church.the winning bidder gets a ticket to the game.... airfare and an a place to stay. "

goldman's expected to have a little bit of a leg up, because it already has an investment in facebook. but keep in mind, and kayla has been talking about this, she said morgan stanley, the fees in general are expected to be less than what you would -- particularly what you would normally get, in proportion. it will still be a significant -- a good amount of money for either of them. but she said it's mostly for -- >> they cut the rate. so that way they would get the deal. that would be very interesting. i love it. thank you, mary. let's focus on the big story of the day. facebo could file for ipos as early as next wednesday. in today's "closing bell," kayla is standing by in headquarters. sorry, we got started without you. let's talk about the battle between goldman sachs and morgan stanley here in terms of who's going to be the underwriter. >> the battle extends far beyond morgan stanley and goldman sachs. but it's come down to the two of them. morgan stanley obviously having the prime role in a lot of these internet ipos this year. goldman sachs did the private placement with dst la

about the european banks not even the american banks it's been proven that for example goldman sachs which opened up the market for speculation on everything from oil to food to gold but that company played an integral role in the two thousand and eight food shortages around the planet as frederick kaufman wrote in harper's magazine the result of wall street's venture into grain and feed and livestock has been a shock to the global food production and delivery system not only does the world's food supply have to contend with constricted supply and increased demand for real grain but investment bankers have engineered an artificial upward poll on the price of grain futures and the effects have been staggering two hundred fifty million people joined the ranks of the hungry in two thousand and eight bringing the total of the world's food in secure to a peak of one billion a number never seen before this is what the banks are doing with all that untaxed money. speculating and creating instability around the planet but a robin hood tax would change all that and it would put an end to the high speed machi

but the fact that goldman could still beat expectations pushed the stock up almost 7%. volume was heavier than usual. shares are at a six-week high. holding back the financial sector was trust banks. bank of new york reported disappointing earnings as fee revenues fell. it called it a "challenging revenue quarter." that hurt similar banks. state street dropped 6.5%. fee revenue also weakened last quarter at state street. northern trust fell almost 2% after its earnings came up short compared to expectations. but it was golan'serformance that topped the financial sector, making it the best stock sector today, rising almost 2%. technology and consumer stocks did well too, up 1.6% each. helping consumer stocks was less pessimism among home builders. sentiment from that industry is at its highest level since 2007. k.b. homes and m.d.c. holdings jumped 7.5% each. pulte group was up 6% to its highest price since june. while technology stocks rose as a group, the laggard was ebay, slipping ahead of reporting a solid fourth quarter. earnings came in three cents better than esti

anticipated results from goldman sachs group along with the strength in the technology sector goldman sachs shares jumped up the company reported results of beat wall street's expectations the bank has also cut its pay in bonus payments to in two thousand and eleven to twelve point two billion dollars bank of new york mellon corp she has slid after its earnings fell twenty six percent most european stocks are high on news that the international monetary fund propose a new lending program markets are also supported by successful debt sales in germany germany's dax is up over a quarter of a percent led by a two and a half percent rise in fitting into colleges and a two percent gain for hank health. and here in russia the markets closed in the black in a rather choppy trading day the maas expended half a percent the odds he has and a point seven percent in the black let's have a look at some index movers album isaac's russia's top oil company ross knapp has ended in the black on stronger or process and washes largest lenders of bad bank has also finished high after coming under pressure early in the session th

goldman sachs. tuesday dow was up 60, nasdaq up 17. >>> ed world bank is warning of a global economic slowdown lowering its economic forecast for 2012 by more than 1%. it says worldwide growth is being negatively impacted by a recession in europe and economic slumps in developing countries. >>> kraft foods is preparing to cut 1600 people from its workforce. the illinois-based food maker says the layoffs are due to a companywide restructuring plan. the cuts affect their sales, corporate and business units. none of the company's manufacturing facilities will be affected. >>> if you like your fast food fast, listen to this, burger king testing out a delivery option at some washington, d.c. area restaurants. for $2, customers can have their burgers and fries delivered to their home and office, placing orders on the web. burger king will expand next week and then decide if it wants to take it nationwide. stay with cbsmoneywatch.com for more. in new yorks i'm ashley morrison. >>> that's scary, the bk thing. talk about couch potatoes. >>> distracted walking could be dangerous to your health. a new study shows

>> herb, last week, wednesday, i believe, they were buying up puts like crazy, and previously that's a precurse or like goldman'shem a heads up, by the way? >> do you think it could have been someone at goldman? >> who knew what when? >> wren wren, what do you got? >> renren is the facebook of china. bill bishop is a guy i've been following for a long time. he's a cofounder of like and watch, he lives in china, and he says, if you own renren, know what renren is. renren is shifting its model to be one more sort of like a groupon. this is just classic, and we see it in these stocks right now in the reaction to facebook. >> look at seen -- sena today. i don't know if you saw that stock. >> i haven't, i've been paying attention to other stuff. >> all right, herb. we'll see you at 2:00. >>> let's get some viewer tweets now. fuegymoney wants to know, when will it be time to short netflix? i'm not a believer. >> if you want to get insight on this, go no farther than whitney tillson. he says there's still more to the up side and until whitney changes his tune and puts a note on why, it seems to me it's going higher. >>

up the street, i want to show you goldman sachs. ey are still outthere somewhere on the corner and that is where arrests have been pavement police at one point did rush up the street because tensions arose between the crowd and police. there is an event right now. there are protests planned this evening as well. this is a national day of protest for the occupy movement. they expect this to be the largest occupation of the financial district in terms of protest since 2003 when there was an antiwar protest in this financial district. claudine wong, ktvu channel 2 news. >>> median incomes in america dropped by 10% in the last four years. and middle income families are struggling under the obama economy. gasoline price is up. food price is up. health care cost is up. >> with south carolina's primary one day away, front runner mitt romney took aim at president obama in a rally in gilbert. he also admitted he suffered a slim defeat in iowa after a recount put santorum in the lead. santorum also barn stormed in south carolina. after rick pe

up to 120% debt to gdp. what's wrong with that story? david goldman, welcome back. banks sold off today i guess on greek jitters. i don't know, they sold off. i want to ask you, there is a story running in the "new york times." banks have about an $80 billion exposure to you'europe. should people be worried about that? in fact, should people be worried about europe at all? >> no, i think the markets round-trip, larry, tells us yet again that the knee-jerk response to the problems in europe is always exaggerated. personally, i'm pessimistic about greece, the massive austerity will probably lead most of the productive elite to emgrate. so i think that crisis will play itself out again and again. but no one is going to care, because europe is a tiny fraction of the world economy. the u.s. banking system is migrating back very slowly to profitability, and the key indicator to watch is the growth of commercial and industrial loans, which are up $100 billion in the last six months. one of the fastest rates of growth in history. so i think all of the other problems are goi

up demand is huge. look how much goldman sachs was able to get outside the united states. >> that's exactly right. there's global demand for this, too. this is everybody in the world wants a piece of this ipo, no question. >> they wanda piece of groupon and they wanted a piece of pandora. >> yes, this is very different than all of those. this is a different game. >> it's a whole different group. >> you have to remember that not in every one of these situations, that every single investor makes a profit. zynga, some of its affiliated mutual funds invested at $14. not every investor is going to be pricing this right because it's a limited available of this financial data. some of this have the inflated valuation early on. the company says, we never said anything about $100 billion. you put it out there, not us. >> the difference surely between zynga and facebook is they offer further things down the line. >> we saw that in zynga's numbers. but games are a fad. they've got to continue to reinvent new games to stay relevant. facebook is global. pretty soon, one in every ten people, one in every seven

may but council due to low demand business daily veta mostly reports out of i was put up for sell last month with goldman sachs running new option runs almost half of all flies in and out of moscow and is ranked thirteenth busiest in europe. that's it then i'll be back fifty five minutes with more business. there are those who desperately need it to survive. misspoken does the tongue give money to on the culture is long gone goldman the fish. and the suppresses the prize the rights of the people first new clothes and. those who don't get their share of the change. by downloading got good uploading on place and you know don't last but not the one that upset people media by you know about it i mean not look i get anything from the company from. those who suck it out to prosper. side says fan. coming up from. ny so licensing. no one can live without it in one of the largest blood banks in the world. a lot of nigeria. on our changed. this is claude. allen sitting on the edge of. present. reality nothingness. but if you enter. the mystery of supernatural. shaman of siberia. welcome back to the headlines now t

council that due to low demand business daily better mostly reports out of i was put up for sale last month with goldman sachs running new york the airport runs almost half of all flights in and out of moscow and is ranked thirteenth busiest in europe. and i'll be back fifty five minutes with more business. there are desperately needed to survive. despite his a ton of money on the lookout. on building the fish out on the suppressors decries the rights to the fifty shirts new clothes. those who join to get their share of the change. by downloading god's god uploading culprits in your thoughts but not the one that i said. nobody thought. not look anything from the company from. those who suck it out to prosper. inside the seas and sing. from you not from. some. nice licensed. no one can live without it's in one of the largest blood banks in the world. blood of niger. on r.t. . this is claude. it's nolen sitting on the edge over the past and present. missing reality it's nothingness. but if you enter this time of. the mystery of supernatural creatures. shaman of siberia on. welcome back to the headlines no