DailyMarkets.com - Hot Option Plays: US Stocks Rebound

Hot Option Plays: US Stocks Rebound
Five Swing Trade Setups To Watch Next Week
Time For Another Round…
Hot Option Plays: Support Is Holding At The Daily Pivot
Valdes: “Keep An Eye On Europe…until There’s Certainty”
Adidas Looks To Score On Tumblr Ahead Of Euro 2012
Why The Public’s Growing Disdain For The Supreme Court May Help Obamacare
Oil On Pace For Worst Weekly Drop In 13 Years
Euro Slides On Spanish Debt Concerns
The Trend Trader For ETF Trading On Monday, June 11, 2012
The Trend Trader For Stock Trading On Monday, June 11, 2012
The Trend Trader For Futures Trading On Monday, June 11, 2012
The Trend Trader For Forex Trading On Monday, June 11, 2012

Posted: 08 Jun 2012 05:27 PM PDT

Cusick’s Corner 06-08-2012
US stock markets had a nice recovery this week — the major averages finished the week to the upside, S&Ps closed on the highs at 1326. I will be watching the Consumer names, XLY; after this week’s poor data I want to keep an eye on this sector which makes up 2/3 of the GDP, if there is weakness in this sector then the market may come under pressure. I will also be watching for a challenge to the upside in the upcoming weeks and when or if it happens, it will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Five Swing Trade Setups To Watch Next Week

Posted: 08 Jun 2012 02:25 PM PDT

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As I discussed on Friday of last week the most recent pullback was a great buying opportunity. Shares in Pharmacyclics, Inc. (NASDAQ:PCYC) closed the week with a new all-time high over 40, closing up $2.76 to 39.49, on strong volume of 2.1 million shares trading hands. Chart is Bullish but a pullback would be nice.

( click to enlarge )

Apollo Group Inc (NASDAQ:APOL) is perking up with good volumes after a decent consolidation period. The stock closed the week above the 50-day MA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Time For Another Round…

Posted: 08 Jun 2012 01:45 PM PDT

of fantasy vs. reality:
Washington:
“President Obama Says The Private Sector Is Doing Fine” (ABC News)
Making the case that the areas of the U.S. economy that need help are in state and local government and construction, President Obama today said that "the private sector is doing fine."
Main Street:
“Americans Cling to Jobs as U.S. Workforce Dynamism Fades” (Bloomberg)
After 4 1/2 months of meetings, interviews and hand-holding, personnel recruiter William Rowe thought he had sealed the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Support Is Holding At The Daily Pivot

Posted: 08 Jun 2012 11:26 AM PDT

Cusick’s Corner 06-08-2012
The market is in a holding pattern with neither side eager to move. The bulls have been holding support, 1307 on S&Ps, that’s stuck right at the daily pivot. The Financials, XLF, have been performing well and have the strength today. This is positive, however I still expect choppy but tight, range-bound action into the After Hours.
Stock market averages have recovered from morning losses and are holding modest gains Friday. Poor economic data overseas, including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Valdes: “Keep An Eye On Europe…until There’s Certainty”

Posted: 08 Jun 2012 10:50 AM PDT

06/08/12 DME Securities’ Alan Valdes weighs in on this weekend’s event risk and global central bank expectations. Next week’s triple witching could add to market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Adidas Looks To Score On Tumblr Ahead Of Euro 2012

Posted: 08 Jun 2012 05:30 AM PDT

06/08/12 To celebrate the UEFA Euro 2012, Adidas has launched its official Tumblr football profile in order to share unique content with its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why The Public’s Growing Disdain For The Supreme Court May Help Obamacare

Posted: 08 Jun 2012 10:29 AM PDT

The public's growing disdain of the Supreme Court increases the odds that a majority … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil On Pace For Worst Weekly Drop In 13 Years

Posted: 08 Jun 2012 02:30 AM PDT

06/08/12 Oil slide continues on demand concerns as crude looks set to post its worst weekly drop in 13 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Slides On Spanish Debt Concerns

Posted: 08 Jun 2012 02:00 AM PDT

06/08/12 The euro continued to slide Friday morning following another series of Spanish debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards