Wednesday, May 2, 2012

DailyMarkets.com - Hot Option Plays: ADP Poor

DailyMarkets.com - Hot Option Plays: ADP Poor


Hot Option Plays: ADP Poor

Posted: 02 May 2012 11:45 AM PDT

Cusick’s Corner 05-02-2012
The data picture out of the EU overnight pushed the futures down, S&Ps below 1400, and the poor ADP out premarket put short-term pressure on the market. When numbers hit like this morning’s, the first places that I look for a reaction is in Commodities, DBC, JJC, JJG and Transports, IYT (as I have been noting all week). The reason I look to these two is that they are very economically sensitive sectors. No surprise that Commodities have slipped, down between … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Valdes: “Go Away In May? A Buying Opportunity!”

Posted: 02 May 2012 10:31 AM PDT

05/02/12 DME Securities’ Alan Valdes weighs in on the ADP report ahead of Friday’s job report, and upcoming Euro-zone event risk: elections in France and Greece, bond auctions and ECB rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Slips On Inventory Spike

Posted: 02 May 2012 05:00 AM PDT

05/02/12 A surprise jump in crude inventories by 2.8 million barrels last week led the way for a front month crude prices to drop by more than a dollar Wednesday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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