Monday, June 4, 2012

DailyMarkets.com - Hot Option Plays: Slide Continues

DailyMarkets.com - Hot Option Plays: Slide Continues


Hot Option Plays: Slide Continues

Posted: 04 Jun 2012 11:31 AM PDT

Cusick’s Corner 06-04-2012
The market is a tough read — Small Caps, IWM, and Blue Chips, DIA, have both cut and are under long term support which has the Bears gnashing their teeth. There was notable action overnight to the downside and the line is being drawn, monitor the 200-day moving average. One market on my radar that might hold a ray of light is the NASDAQ 100, QQQ, which is trading right at critical support of $59.81. Tech has been a leader and if this can hold, traders might have the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cardillo: “Fear Factors Overriding Positive Fundamentals In Stock Market”

Posted: 04 Jun 2012 11:10 AM PDT

06/04/12 Rockwell Global Capital’s Peter Cardillo weighs in on key global fundamentals and monetary policy expectations for the ECB and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Slightly Higher On Eurozone Hopes

Posted: 04 Jun 2012 05:00 AM PDT

06/04/12 Front month crude prices were slightly higher Monday afternoon on reports Germany may consider eurozone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: U.S. Food Trucks In Paris

Posted: 04 Jun 2012 08:44 AM PDT

NY Times — “In France, there is still a widespread belief that the daily diet in the United States consists of grossly large servings of fast food. But in Paris, American food is suddenly being seen as more than just restauration rapide. Among young Parisians, there is currently no greater praise for cuisine than "très Brooklyn," a term that signifies a particularly cool combination of informality, creativity and quality. 

All three of those traits come together in the American food … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Disappointing May Payrolls Roil Futures Markets

Posted: 04 Jun 2012 08:38 AM PDT

Monday, June 4, 2012
The E-mini S&P 500 futures market is at a crossroads, as the index is hovering right around the 200-day moving average that many long-term traders view as the benchmark to determine whether a market is in a bull or bear market phase. Though the initial reaction by traders was to sell stock indices, we may see a market rebound in the next few weeks as the call for further Fed easing measures grows louder and “bargain hunters” emerge, as the belief is that some of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Can Taxpayers Control The Entitlement State?

Posted: 04 Jun 2012 08:32 AM PDT

“A single election rarely determines a democracy’s fate, but some matter more than others. Tuesday’s recall election of Wisconsin Governor Scott Walker is one that matters a great deal because it will test whether taxpayers have any hope of controlling the entitlement state and its dominant special interests.

Students of democracy from Alexis de Tocqueville to Mancur Olson have pointed out that the greatest threat to self-government comes from the tendency of democracies to become barnacled … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Drift Lower In Choppy Trading

Posted: 04 Jun 2012 08:05 AM PDT

06/04/12 Wall Street turned lower as the trading week kicked off. There is cautious stability over the Euro zone ahead of this week’s ECB meeting. A handful of M&A news were in the spotlight on Monday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Victor Davis Hanson On Greece, Germany, Detroit . . .

Posted: 04 Jun 2012 07:09 AM PDT

What has really changed? Seriously.
From where we were a year, two years, four years ago, what has really changed in the fundamental outlook on our global economic landscape?
People can point to a variety of stopgap measures undertaken by governments and central bankers to stem the tide of deleveraging that dominates our global economy. However, has the psyche of people both in our own nation and others adapted appropriately? I would maintain that the psyche which brought upon our crisis has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Rebounds On Germany

Posted: 04 Jun 2012 02:00 AM PDT

06/04/12 The euro rebounded to start the new week Monday morning on speculation that Germany would consider a banking union and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EURUSD Higher Ahead At NY Open As Asia And Europe Digest NFPs

Posted: 04 Jun 2012 06:39 AM PDT

Fundamental Headlines
- Growth Slowdown Seen for Third Year in U.S. Dodging a Recession – Bloomberg
- S&P 500 Valuation Slips 19% Below '11 – Bloomberg
- Europe Mulls Major Step toward "Fiscal Union" – Reuters
- Feds Eye MF's False Promise – WSJ
- Germany Signals Crisis Shift – WSJ
Asian/European Session Summary
The first full week of June brings about new opportunity after a dismal May, in which it is looking increasingly like that the Federal Reserve will be forced to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Choppy Trade For Global Markets To Start Week

Posted: 04 Jun 2012 01:00 AM PDT

06/04/12 Global stocks were mixed Monday morning following Friday’s massive drop in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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