DailyMarkets.com - Hot Option Plays: Market Recovers, Dollar Holds

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• Hot Option Plays: Market Recovers, Dollar Holds
• Meyers: ” US Equities Attracting More Flow”
• Oil Slides Below $97
• Wall Street Extends Losses On EU Woes
• Euro Slides Again On Lingering Euopean Political Uncertainty
• Stock Retreat Continues On EU Political Stability Concerns

Hot Option Plays: Market Recovers, Dollar Holds Posted: 09 May 2012 11:43 AM PDT Cusick’s Corner 05-09-2012 I will be continuing to monitor the Euro Currency, FXE, as a flag of any continuation to the downside. As we head into the Midday, it has broken the lower tail of the recent downside action which at this stage is not great for the prognosis of a sustained upside move. This downward move in the Euro also comes after the Equities have popped of their worst levels, S&Ps unchanged, but the US Dollar continues to surge, UUP +.32%, which pressures not just Equities but … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meyers: ” US Equities Attracting More Flow” Posted: 09 May 2012 11:00 AM PDT 05/09/12 DME Securities’ Warren P. Meyers discusses the fundamentals and technicals affecting the US equity markets, and weighs in on the debt crisis in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Slides Below $97 Posted: 09 May 2012 05:07 AM PDT 05/09/12 A larger-than-expected jump in crude supplies last week helped pave the way for front month crude prices to sliup once again, trading below $97 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Extends Losses On EU Woes Posted: 09 May 2012 08:08 AM PDT 05/09/12 US stocks tumbled on ongoing woes in Europe, amid political turmoil in Greece and jitters over the banking sector in Spain. Earnings and M&A action dominated company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Slides Again On Lingering Euopean Political Uncertainty Posted: 09 May 2012 02:00 AM PDT 05/09/12 The euro continued to dive Wednesday morning after a rise in Spanish yields and growing political uncertainty in Europe kept investors away from higher-yielding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Retreat Continues On EU Political Stability Concerns Posted: 09 May 2012 01:00 AM PDT 05/09/12 Global markets continued to trade lower Wednesday morning as concerns over Europe’s political stability and a jump in Spanish borrowing costs kept investors … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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