Lindsay LohanIn 2007, Fox News reported Lindsay Lohan was arrested on suspicion of driving under the influence of alcohol less than two weeks after she was released from rehab. This year, TMZ said one of Lohan’s latest misadventures included striking an 18-wheeler from behind in Santa Monica, Calif.
Trading Recommendations For Thursday
Financials: Bonds are currently 11 lower at 116'04, the 10 Yr. Notes 8 lower at 115'24, the 5 Yr. Notes 4 lower at 114'18 and the 2 Yr. Notes 1 lower at 108'04. Dec. Eurodollars are unchanged at 99.250. We remain short the Dec. Eurodollars which is currently at a loss. I continue to look at Sept. Bonds as a trading market between 115'20 and 117'04.
Grains: Yesterday Beans were 3 cents higher to 11 lower with old crop contracts gaining on new crop (Nov.) contracts. Corn was about 2 cents lower and Wheat 4 lower. Over night Beans were 20-25 cents higher, Corn 5 higher and Wheat 6 higher. Yesterday my recommended sell stop for remaining long positions in Dec. Corn was penetrated when the market traded below the 324'0 level. I will once again be a buyer if the market trades below the 520'0 level. At current prices I am a bit friendly long term for Corn and am looking at the Dec. 360 call as a means to participate from the long side. I will also be looking to the long side of Nov. Beans below 900'0 if the market allows.
Cattle: Yesterday Live Cattle closed sharply lower with the Aug. contract closing 97 lower at 83.95 and the Oct. 132 lower at 89.25. If you remain long the Aug. contract continue to use a protective sell stop at 83.60 (yesterday's low was 83.80). If you remain long the Oct. contract continue to use a sell stop at 88.75. The market is currently about 50 higher.
Silver: Sept. Silver is currently 18 cents higher at 13.44. I remain cautiously bullish and recommend the long side of the market.
S&P's: Sept. S&P's are currently 10.00 higher at 985.00. I feel the market is currently trading at resistance and prefer the short side of the market for a short term trade at present levels with a $500-$700 risk. Near term support is currently 965.00.
Currencies: As of this writing the Sept. Euro is 53 higher at 1.4061, the Swiss 4 higher at 91.86, the Yen 68 lower at 1.0460 and the Pound 138 higher at 1.6494. I continue to recommend being long out of the money puts and/or put spreads in the Yen. My downside objective for the yen for the near term is the 1.0300 level. I still like the short side of the Pound on a rally above the 1.6600 level I the market allows. For those of you who like spreads I suspect that the Yen will lose in value against the Pound. The Sept. Dollar Index is currently 32 lower at 79.46. Support for the Dollar Index remains in the 78.00 area.
Billy JoelIn 2002, Billy Joel (shown with now-estranged wife Katie Lee Joel) crashed his car in East Hampton, N.Y. The accident prompted him to check into a substance-abuse treatment program in New Canaan, Conn., In 2003, Joel smashed his car into a tree and was hospitalized with minor injuries. In 2004, multiple media outlets reported the music legend crashed into a house while driving in Bayville, N.Y. Joel was uninjured in the crash, and nobody inside the house was harmed. It was his third accident in two years. Since then, the “Piano Man” singer has been accident-free.
George MichaelWham! superstar George Michael (aka Georgios Panayiotou) was arrested in 2006 on suspicion of driving in London while unfit due to drugs. The incident resulted in his license being suspended for two years. In 2010, he was granted permission to get behind the wheel again, but, as the Guardian reported, Michael shortly thereafter smashed his car into a London shop. The singer was subsequently arrested but released on bail. Months later, Michael appeared in court and admitted to being under the influence of marijuana during the accident. He was sentenced to eight weeks in prison.
Britney SpearsIn 2006, MSNBC reported Britney Spears was photographed while driving with her 4-month-old son Sean Preston Federline in her lap, an incident that sparked national outrage. In 2007, the Associated Press reported Spears was charged with driving without a valid license and that she had to reach a settlement to avoid charges after crashing into a car in a parking lot. In 2008, The Daily Beast reported the pop princess reportedly left her car in the middle of a busy road after getting a flat tire. Months after that incident, Contact Music reported she rear-ended a vehicle -- causing a three-car pileup.
Shocking photographs of Amanda Bynes purportedly smoking marijuana in her car Tuesday were published by TMZ Thursday, when the celebrity site also reported the actress may have been driving around California's San Fernando Valley illegally because her license was suspended last month.
On Friday, TMZ followed up with an article saying Bynes was involved in a minor fender bender Thursday, which was caught on video.
On Sept. 9, the former "All That" star was pulled over for driving at night without her headlights on. People noted that the police officer who pulled Bynes over did not ask to see her license. ABC reported that on Friday Bynes was ordered not to drive by a judge in Los Angeles. This comes after the 26-year-old had previously charged on two hit-and-run counts.
In April, TMZ reported that Bynes was arrested for grazing a police car while allegedly driving under the influence.
Bynes is now on the list of stars who shouldn't be behind the wheel. From musicians to starlets, this list features the following five of the worst celebrity drivers.