Wednesday, June 27, 2012

DailyMarkets.com - Hot Option Plays: Waiting To Exhale

DailyMarkets.com - Hot Option Plays: Waiting To Exhale


Hot Option Plays: Waiting To Exhale

Posted: 27 Jun 2012 04:40 PM PDT

Cusick’s Corner
The whole market just seems like they are waiting exhale, whether it is the Supreme Court or EU, it is hard to breathe because it seems like there is some sort of headline that could just make us gasp. Well, I for one cannot trade that way so rather than being paralyzed by the exogenous forces that are way out of my control, I trade with what I know. First, Tech, QQQ, broke to the downside this week and is still exhibiting indecision and in fact is slightly lagging the other … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Big Banks Prepare Living Wills

Posted: 27 Jun 2012 03:50 PM PDT

06/27/12 The five biggest US banks will be submitting living wills to the FDIC and the Federal Reserve. Four European financial institutions will be crafting their liquidation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


4 Breakout Stocks To Watch Thursday

Posted: 27 Jun 2012 03:35 PM PDT

( click to enlarge )

VIVUS, Inc. (NASDAQ:VVUS) broke out to a new all-time high today, accompanied by a strong volume suggesting higher levels.The stock price has been in a nice uptrend for the last two months and it looks very strong with both 50 day and 200 day moving average going up while MACD is above 0 showing positive momentum. Additionally, OBV is increasing indicating accumulation of shares in the market.  As long as the stock holds above the $24.36 support level the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EU Summit Kicks Off, US GDP On Tap

Posted: 27 Jun 2012 10:20 AM PDT

06/27/12 The day ahead: EU Summit gets underway in Brussels, Belgium. The US economic calendar brings key data releases, including GDP and jobless … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Econonomic And Social Conditions: More Closely In Synch

Posted: 27 Jun 2012 02:04 PM PDT

“Crime will run rampant as police departments and other government services that help maintain  public order eliminate or cut back on jobs, overtime, and equipment, while growing numbers of formerly law-abiding but now desperate citizens reveal their dark side.”
– Chapter 9, “Economic,” Financial Armageddon
Although a number of the predictions I made in my March 2007 book have come true, one thing we haven’t seen is a dramatic rise in illegal activity, despite evidence, as sociologist … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Jump On Energy And Durable Goods

Posted: 27 Jun 2012 09:00 AM PDT

06/27/12 Despite investors remaining cautious ahead of the EU summit, stocks rallied Wednesday on energy and a pair of better-than-expected economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Gold Miners Volatility Up

Posted: 27 Jun 2012 01:37 PM PDT

Cusick’s Corner 06-27-2012
Nice move into the Midday by the equities, S&Ps+10. The market has now retraced Monday’s drop but as I noted last night, I am attributing some of this action to early, end of the month window dressing by fund managers. Volatility continues to come out of the market but there are names with events on tap, i.e. earnings, so volatility has not come out of the market in whole. Here’s one market that is still under pressure — precious metals, GLD, and then the miners, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Google Unveils Tablet, Airbnb Supports Dream Vacations

Posted: 27 Jun 2012 12:40 PM PDT

06/27/12 Google’s Nexus 7 tablet and Jelly Bean OS were unveiled at the I/O conference. AirBnB made a splash with its web site … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cartoon Of The Day

Posted: 27 Jun 2012 12:28 PM PDT

Why The Supreme Court Will Uphold The Constitutionality Of Obamacare

Posted: 27 Jun 2012 11:02 AM PDT

Predictions are always hazardous when it comes to the economy, the weather, and the Supreme Court. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mogavero: “Expectations For Any EU Solution…low”

Posted: 27 Jun 2012 05:50 AM PDT

06/27/12 Mogavero, Lee & Co.’s Doreen Mogavero talks US data releases, EU summit expectations and major headwinds for global equity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


TVIX – Class Action Lawsuit Filed

Posted: 27 Jun 2012 09:46 AM PDT

PRESS RELEASE
June 26, 2012, 12:35 p.m. EDT
Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against VelocityShares, LLC

WILMINGTON, Del., Jun 26, 2012 (BUSINESS WIRE) — Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased VelocityShares Daily 2x Long VIX Short-Term ETNs (the “TVIX”) (nyse arca:TVIX) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What The Price Of Gas Tells Us

Posted: 27 Jun 2012 08:40 AM PDT

A few months ago, we created two visuals we felt captured the emotions of how people respond to gasoline prices around the U.S.
With an increased dependency on our cars these days to get to work, school and grocery stores, the price of gas is a constant reminder of how "rich" we feel. When it seems as if filling the SUV costs an arm and a leg, we shift patterns by carpooling, forgoing the trip to the beach or decreasing spending elsewhere. On the other hand, falling gas prices act like a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Stocks Climb On Data

Posted: 27 Jun 2012 08:15 AM PDT

06/27/12 Wall Street extended gains following the climb in pending home sales. Durable goods orders posted a bigger-than-expected increase in May. EUR/USD continued to trade lower ahead of the EU … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Slides On Merkel Statement About Euro Bonds

Posted: 27 Jun 2012 03:00 AM PDT

06/27/12 The dollar remained strong Wednesday morning after durable goods rose more than expected and the euro dipped on Merkel’s statement regarding euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Real Estate Recovery Watch

Posted: 27 Jun 2012 07:28 AM PDT

1. “Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors.  Both monthly and annual gains were seen in every region.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 5.9 percent to 101.1 in May from 95.5 in April and is 13.3 percent above May 2011 when it was 89.2.  The data reflect contracts but not closings. The index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Steady Near $80

Posted: 27 Jun 2012 02:00 AM PDT

06/27/12 With investors torn between a jump in US durable goods orders and concerns over the eurozone debt crisis ahead of the EU summit, front month crude prices remained near $80 a barrel Wednesday prior to the release of inventory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dividend Surprises – Big Wins For Investors That Can Find Them

Posted: 27 Jun 2012 06:38 AM PDT

Positive dividend surprises such as unexpectedly high annual rises or one-off special payouts can be a welcome boost for income hunters – and, unsurprisingly, some investors spend a lot of time trying to find them. Indeed, evidence suggests that companies that catch the market (and their shareholders) by surprise are frequently rewarded with a rising share price as a result. 
We've talked in the past about Earnings Surprise as a source of market-beating returns. This phenomena is known … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Higher On Durable Goods Data

Posted: 27 Jun 2012 01:00 AM PDT

06/27/12 Global stocks were on the rise Wednesday following a better-than-expected reading in US durable goods … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Thursday, June 28, 2012

Posted: 27 Jun 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Thursday, June 28, 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
111.32
+ 0.04
111.32
111.12

Bullish

BND – Vanguard Total Bond Market ETF
84.35
+ 0.11
84.32
84.22

Bullish

DBC – DB Commodity Index Tracking Fd
24.95
+ 0.56
24.75
24.55

Bullish

DIA – SPDR DJ Industrial Average ETF
126.01
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Thursday, June 28, 2012

Posted: 27 Jun 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Thursday, June 28, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.53
+ 1.67
8.43
8.71

Neutral

AXP – American Express Company
56.88
+ 1.37
56.28
56.74

Bullish

BA – Boeing Co
71.87
+ 1.33
71.32
72.22

Neutral

BAC – Bank of America Corporation
7.77
+ 2.10
7.65
7.96

Neutral

CAT – Caterpillar Inc
82.25
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Thursday, June 28, 2012

Posted: 27 Jun 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Thursday, June 28, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0079
+ 0.14
1.0043
1.0097

Neutral

EURUSD – Euro / US Dollar
1.2467
− 0.23
1.2491
1.2610

Bearish

GBPUSD – British Pound / US Dollar
1.5563
− 0.50
1.5590
1.5640

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0252
+ 0.13
1.0264
1.0233

Neutral

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Thursday, June 28, 2012

Posted: 27 Jun 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Thursday, June 28, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1325.50
+ 0.76
1315.36
1333.75

Neutral

Dow Jones – Sep YMU2
12553
+ 0.54
12483
12630

Neutral

Nasdaq – Sep NQU2
2557.75
+ 0.37
2546.86
2583.42

Neutral

Russell – Sep TFU2
773.60
+ 1.47
763.14
771.30

Bullish

INTEREST RATES

US T-Bond – Sep ZBU2
149-02
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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