DailyMarkets.com - Hot Option Plays: What Would Little Annie Do?

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• Hot Option Plays: What Would Little Annie Do?
• Monetary Policy Week In Review – 2 June 2012
• 6 Trade Setups To Watch Next Week
• London Prepared & Ready For The Queen’s Diamond Jubilee
• Dow Erases 2012 Gains, Plunges 275 Points
• So Much For The Facts
• Hot Option Plays: Level Holds
• Hot Option Plays: Ugly
• Sold NUGT @ $12.80 – US Dollar: How Overbought?
• Energy Milestone: Gas Rig Share Falls Below 30%
• Polcari: “If Fed Is Going To Say Anything…have To Be Soon”
• Oil Sldes More Than 3%
• The Trend Trader For Stock Trading On Monday, June 4, 2012
• The Trend Trader For ETF Trading On Monday, June 4, 2012
• The Trend Trader For Forex Trading On Monday, June 4, 2012
• The Trend Trader For Futures Trading On Monday, June 4, 2012
• The Golden Wealth Of Turkey

Hot Option Plays: What Would Little Annie Do? Posted: 01 Jun 2012 04:28 PM PDT Cusick’s Corner 06-01-2012 In the infamous words of Annie, “Just thinkin’ about Tomorrow, clears away the cobwebs and the sorrow – ’til there’s none!” Now I do not know if I am betting my “bottom dollar there’ll be sun” early next week but every Fed official and central banker in the world will be asked what they will do to stop this. Now whether or not government intervention is right or wrong, traders need to be indifferent and prepare for the choppy nature of this market only to potentially … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monetary Policy Week In Review – 2 June 2012 Posted: 01 Jun 2012 03:57 PM PDT The past week in monetary policy saw interest rate decisions announced by 8 central banks around the world.  Those that altered interest rates were: Brazil, cutting 50 basis points to a low of 8.50%; Denmark, trimming a further -15bps to 0.45%; and Uganda dropping -100bps to 20.00%.  Meanwhile the central banks that held interest rates unchanged were: Hungary 7.00%, Turkey 5.75%, Zambia 9.00%, Colombia 5.25%, and Israel 2.50%.  Elsewhere in monetary policy, the Central Bank of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

6 Trade Setups To Watch Next Week Posted: 01 Jun 2012 02:10 PM PDT   ( click to enlarge ) Duke Energy Corporation (NYSE:DUK) Stock price blasted up and out of its week trading range, closing the day near the highs. From a technical standpoint, I believe we are due for a retrace lower here partly due to the overbought conditions. So if that happens we will watch support in the 10 day MA for price action buy signals to re-join the fresh bullish momentum in this stock.    ( click to enlarge ) Las Vegas Sands Corp.(NYSE:LVS) The stock’s downtrend is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

London Prepared & Ready For The Queen’s Diamond Jubilee Posted: 01 Jun 2012 02:00 PM PDT 06/01/12 Businesses across London’s West End are all set to welcome over 2 million visitors from over 100 countries over the four days of celebrations marking the Queen’s Diamond … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Erases 2012 Gains, Plunges 275 Points Posted: 01 Jun 2012 08:45 AM PDT 06/01/12 The release of a dismal US jobs report led the way for the year’s biggest stock selloff and erased what was left of the Dow’s 2012 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

So Much For The Facts Posted: 01 Jun 2012 01:41 PM PDT In “Obama Says Economy Will ‘Come Back Stronger,’” the Associated Press reports that our President remains optimistic despite today’s “unexpected” bad news: President Barack Obama says the May jobs report shows that the economy is not creating jobs “as fast as we want” but vows that the economy will improve. Obama says, “we will come back stronger. We do have better days ahead.” Not sure what he’s basing that on, since the people who probably know best — those who operate on the economy’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Level Holds Posted: 01 Jun 2012 01:22 PM PDT Cusick’s Corner 05-31-2012 May is over and I don’t believe that many traders have walked away in spite of the worst month in two quarters. As I have been noting this week, the market was watching support, 1300 on the S&Ps — this level held and bounced into the After Hours, finishing well off the lows. The Labor Department’s Jobs data is going to be the driver tomorrow and this choppy range of 1300-1330 on the S&Ps has been tough to break so far. See you Midday. Stock market averages … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Ugly Posted: 01 Jun 2012 01:22 PM PDT Cusick’s Corner 06-01-2012 You can read about the Jobs data below and while it was not a horrible number, it was well below expectations, placing all the major indices under pressure. Right now, most indices and sectors are retracing about 38% of the October through May peak. You are also seeing the leading sectors, Consumer (XLY), Financials (XLY), which have been the laggards over the last few weeks with still no buying pressure at this stage. Here’s what some traders are still waiting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sold NUGT @ $12.80 – US Dollar: How Overbought? Posted: 01 Jun 2012 01:22 PM PDT I was fortunate today to sell my position in Direxion’s Gold Miners Bull 3X ETF (NUGT) for $12.80. This trade resulted in a gain of 45.45% and is, as best I can tell, the largest single trade gain I have logged since starting this website a couple of years ago. A very nice way to conclude the last day of my 30th year as a public school teacher. My TSI Trading record has been updated. Click on any chart to ENLARGE. I wanted to give readers a sense of the degree to which the US … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Energy Milestone: Gas Rig Share Falls Below 30% Posted: 01 Jun 2012 11:27 AM PDT In response to natural gas prices falling to inflation-adjusted multi-decade low levels over the last several years, along with high oil prices, there has been an ongoing switch in drilling activity from natural gas to oil, as can be seen in the chart above of rig shares.  Now a new milestone has been reached.  For the first time since Baker-Hughes started tracking the rig split between oil and gas in 1987, the share of active rigs drilling for natural gas fell below 30% last week … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Polcari: “If Fed Is Going To Say Anything…have To Be Soon” Posted: 01 Jun 2012 11:07 AM PDT 06/01/12 ICAP Equities’ Kenneth Polcari talks US jobs, QE3 and the global economic outlook. Event risk for the upcoming weeks, and volatility in commodities are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Sldes More Than 3% Posted: 01 Jun 2012 05:00 AM PDT 06/01/12 Weak jobs reports in the US and cntinued weakness in European data paved the way for a steep slide in front month crude … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Monday, June 4, 2012 Posted: 01 Jun 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Monday, June 4, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 8.30 − 2.92 8.50 8.50 Bearish AXP – American Express Company 53.43 − 4.30 55.07 54.46 Bearish BA – Boeing Co 67.24 − 3.40 68.98 68.29 Bearish BAC – Bank of America Corporation 7.02 − 4.49 7.18 7.14 Bearish CAT – Caterpillar Inc 85.52 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Monday, June 4, 2012 Posted: 01 Jun 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Monday, June 4, 2012 The top 40 ETFs by net assets In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AGG – iShares Lehman Aggregate Bd Fd 111.60 + 0.04 111.43 111.37 Bullish BND – Vanguard Total Bond Market ETF 84.62 + 0.13 84.47 84.43 Bullish DBC – DB Commodity Index Tracking Fd 24.72 − 2.06 25.18 25.19 Bearish DIA – SPDR DJ Industrial Average ETF 121.01 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Monday, June 4, 2012 Posted: 01 Jun 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Monday, June 4, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 0.9695 − 0.39 0.9716 0.9724 Bearish EURUSD – Euro / US Dollar 1.2427 + 0.52 1.2392 1.2446 Neutral GBPUSD – British Pound / US Dollar 1.5350 − 0.35 1.5438 1.5445 Bearish USDCAD – US Dollar / Canadian Dollar 1.0407 + 0.77 1.0327 1.0352 Bullish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Monday, June 4, 2012 Posted: 01 Jun 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Monday, June 4, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Jun ESM2 1274.00 − 2.69 1303.47 1293.92 Bearish Dow Jones – Jun YMM2 12103 − 2.16 12342 12266 Bearish Nasdaq – Jun NQM2 2455.00 − 2.73 2512.83 2493.00 Bearish Russell – Jun TFM2 736.20 − 3.27 755.80 750.00 Bearish INTEREST RATES US T-Bond – Sep ZBU2 152-03 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Golden Wealth Of Turkey Posted: 31 May 2012 10:00 PM PDT When I talk about the Love Trade, India and China are frequently discussed since the two countries have been dominating world jewelry demand. Turkey's love for gold, though, cannot be overlooked, as an estimated 5,000 tons have been accumulating in people's homes for years. Turkey is now offering incentives for people to store their gold in the bank instead. By acknowledging the hidden wealth of the Eastern European nation, this move will allow banks to lend more money and ultimately … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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