DailyMarkets.com - Hot Option Plays: Cautious Trading Starts Off Week

Hot Option Plays: Cautious Trading Starts Off Week
Chart Of The Day: How True….
IMF Cuts Global Growth Forecast
London’s 1st Urban Cable Car, Emirates Airline, Hits Passenger Milestone
Dow Dips To Begin Week
Markets In Everything: Pedaling Prisoners
Midwest Sand Rush Creates Jobs, Prosperity, And “Sand Millionaires,” But Comes With Controversy
How To Look Past Negativity To See Opportunity
Barclays Libor Scandal: The Precedent
Hot Option Plays: Retail Sales Below Expectations
Bernanke, Earnings, Data On Tap
Willis: “Equity Markets Driven By Currency Markets”
Oil Steadies Above $86
Yen Strengthens On Risk Aversion
The Trend Trader For ETF Trading On Tuesday, July 17, 2012
The Trend Trader For Stock Trading On Tuesday, July 17, 2012
The Trend Trader For Forex Trading On Tuesday, July 17, 2012
The Trend Trader For Futures Trading On Tuesday, July 17, 2012

Hot Option Plays: Cautious Trading Starts Off Week

Posted: 16 Jul 2012 05:50 PM PDT

Cusick’s Corner 07-16-2012
Not much happened during today’s trading session except that the bears are not willing to take back control until after the testimony of the Fed Chief. I will be focusing on earnings, specifically the blue chips, DIA, looking for any kind of volatility play into the event. Typically could consider looking for potential straddle/strangle plays.
Stock market averages slipped on disappointing data and amid cautious trading ahead of earnings. A report released before the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: How True….

Posted: 16 Jul 2012 05:41 PM PDT

HT: Joe … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IMF Cuts Global Growth Forecast

Posted: 16 Jul 2012 03:36 PM PDT

07/16/12 The International Monetary Fund reduced its global growth forecast for the current and upcoming year. The IMF warned of a potential hard … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

London’s 1st Urban Cable Car, Emirates Airline, Hits Passenger Milestone

Posted: 16 Jul 2012 10:07 AM PDT

07/16/12 Opened just one month ahead of the Olympic Games, the UK’s first urban cable car, the Emirates Airline has already registered 100,000 passengers, making it an instant hit with commuters and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Dips To Begin Week

Posted: 16 Jul 2012 02:42 PM PDT

07/16/12 After rising more than 200 points and snapping a six-day losing streak Friday, the Dow closed in negative territory Monday on Fed anticipation and an unexpected retail sales … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Pedaling Prisoners

Posted: 16 Jul 2012 02:39 PM PDT

Brazil Uses Pedaling Inmates To Power Street … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Midwest Sand Rush Creates Jobs, Prosperity, And “Sand Millionaires,” But Comes With Controversy

Posted: 16 Jul 2012 02:12 PM PDT

I spent the weekend along the Mississippi River in Buffalo City, Wisconsin, about 120 miles south of Minneapolis-St. Paul (across the river from Winona, Minnesota), where there is a growing controversy in sand-rich southeastern Minnesota and west-central Wisconsin (“America’s Sandbox”) about mining for frac sand (the silica sand used for hydraulic fracturing). While starting my drive this morning to the Minneapolis airport, I took pictures of the two signs above that help tell the story … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

How To Look Past Negativity To See Opportunity

Posted: 16 Jul 2012 01:15 PM PDT

I recently spoke at FreedomFest in Vegas along with the world's best and brightest minds, such as Steve Forbes, Senator Rand Paul, and Whole Foods CEO John Mackey. I discussed the growing global demand of resources and gold to a crowd of 2,000. Half of the group was attending for the first time, which demonstrates to me a growing curiosity to learn about macro trends shaping the world and affecting our investments.

Among investors these days, a fellow commodity bull is about as rare as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Barclays Libor Scandal: The Precedent

Posted: 16 Jul 2012 12:15 PM PDT

Although many on Wall Street would like to see this Libor scandal go away, that is not going to happen. With banks already admitting that they were involved in the manipulation, the public rage resulting from this massive fraud is only going to grow stronger. Rest assured legal defense teams on Wall Street are working overtime on this case.
Remember, Libor is used as a benchmark for trillions of dollars worth of securities and contracts. A basis point here or there equates to literally … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Retail Sales Below Expectations

Posted: 16 Jul 2012 12:02 PM PDT

Cusick’s Corner 07-16-2012
This morning kicked off with some very poor data — the Retail Sales number was well below expectations. I have previously pointed out that the Retail sector, XLY/XRT, is a very important sector as an indication of growth, especially when it comes to domestic growth. This is a potential red flag and I will be keeping a close eye on the bid to see if it continues to hold the market on dips. Commodities, XLE/DBC, are holding up as well in spite of the continued poor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bernanke, Earnings, Data On Tap

Posted: 16 Jul 2012 06:47 AM PDT

07/16/12 Fed Chairman Ben Bernanke will deliver his semi-annual monetary policy testimony before the Senate Banking Committee. Earnings from Goldman Sachs and Coca-Cola are amongst the companies reporting quarterly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Willis: “Equity Markets Driven By Currency Markets”

Posted: 16 Jul 2012 10:42 AM PDT

07/16/12 Albert, Fried & Company’s Ben Willis discusses the latest economic data, earnings reports and headwinds affecting US equity markets on this Summer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Steadies Above $86

Posted: 16 Jul 2012 03:18 AM PDT

07/16/12 Front month crude prices remained above $86 a barrel Monday morning as the euro fell and as investors still remained concerned over the euro zone debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yen Strengthens On Risk Aversion

Posted: 16 Jul 2012 03:14 AM PDT

07/16/12 The Japanese yen was rising Monday morning against its higher-yielding counterparts as EU debt crisis concerns linger and as investors await Fed Chairman Bernanke’s testimony later this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards