DailyMarkets.com - Hot Option Plays: Fed Takes No New Steps

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• Hot Option Plays: Fed Takes No New Steps
• US Auto Sales Move Along In July
• 5 Stocks To Watch For Thursday
• Wall Street Ends Lower Post-Fed
• Different Vantage Points…
• All Eyes On ECB And Draghi
• More On Why So Many Empty Olympics Seats
• Fed Holds Rate But Ready To Provide Stimulus If Needed
• Guilfoyle: “ECB…much Bigger Fish This Week”
• Oil Gains On Surprise Supply Drop
• Hot Option Plays: Fed Watch
• Contrarian Value: Bill Miller’s Investment Approach
• The Trend Trader For ETF Trading On Thursday, August 2, 2012
• The Trend Trader For Stock Trading On Thursday, August 2, 2012
• The Trend Trader For Forex Trading On Thursday, August 2, 2012
• The Trend Trader For Futures Trading On Thursday, August 2, 2012

Hot Option Plays: Fed Takes No New Steps Posted: 01 Aug 2012 05:09 PM PDT Cusick’s Corner 08-01-2012 I was just on my way to the airport and saw a motorcyclist dump her bike, thankful that she wore a helmet and was ok — it really puts things into perspective. As far as the markets are concerned, the Fed did focus on some key issues — making some hawkish statements on housing, but really putting the ECB in the spotlight. Basically waiting for their announcement before any concrete actions until they layout their plan. So expect some volatility early in the morning. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Auto Sales Move Along In July Posted: 01 Aug 2012 03:07 PM PDT 08/01/12 US auto sales for July were a mixed bag. Ford Motor and GM reported sales that missed estimates, although Chrysler’s results rose but missed estimates. Japanese automakers posted a surge in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

5 Stocks To Watch For Thursday Posted: 01 Aug 2012 02:56 PM PDT ( click to enlarge ) The stock on the spotlight today is InterDigital, Inc. (NASDAQ:IDCC). The stock surged more than 14% or $3.88 to 31.88 per share at six times average volume after court rules Nokia violated its patents. I alerted my twitter followers at $27.50 this morning before the spike. From a technical standpoint the stock broke an important resistance at $30 on heavy volume. This means there is more upside. The decline over the last few weeks occurred on lower volume and the stock is … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Ends Lower Post-Fed Posted: 01 Aug 2012 02:01 PM PDT 08/01/12 US stocks ended a volatile session with a modest loss. The FOMC introduced no new action boosting the USD and dragging on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Different Vantage Points… Posted: 01 Aug 2012 01:37 PM PDT …but similar perspectives: The small businessman (via WTSP.com): “What we see is that people aren’t spending as much as they used to,” [athletic gear store owner Jeff Pape] said. “People that might have come into the store and spent $150 or $200 on stuff are now backing off to $60 or $70. To Pape, there’s no mystery why. “People that had jobs that were making $100,000 or $150,000, are now making $40,000 or $50,000, and that has to affect their spending,” he said. That in turn affects Pape … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

All Eyes On ECB And Draghi Posted: 01 Aug 2012 07:52 AM PDT 08/01/12 The European Central Bank rate announcement and Mario Draghi’s comments at the accompany press conference will dominate Thursday’s … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

More On Why So Many Empty Olympics Seats Posted: 01 Aug 2012 11:51 AM PDT A few days back, I suggested that maybe if the London police weren’t arresting so many people for “ticket scalping,” entering into voluntary ticket transactions, perhaps there wouldn’t be so many empty seats at the Olympics. Tim Worstall provides some related commentary in the Forbes article titled “Of course there are empty Olympic seats: our Victorian government is arresting anyone who tries to sell them,” here’s an excerpt: “Think it through for a moment. There are some people over here … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Fed Holds Rate But Ready To Provide Stimulus If Needed Posted: 01 Aug 2012 11:44 AM PDT     The U.S. Federal Reserve kept its ultra-low benchmark federal funds rate unchanged, as expected, and repeated that it expected to keep the rate at “exceptionally low levels” at least through 2014, dashing the hopes of some that hoped it would to extend the period to 2015.     But the U.S. central bank firmed up its statement about its readiness to boost the economy further, signaling that it is now ready to move ahead with stimulus measures if required.     In … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Guilfoyle: “ECB…much Bigger Fish This Week” Posted: 01 Aug 2012 06:40 AM PDT 08/01/12 Meridian Equity Partner’s Stephen Guilfoyle discusses expectations for the global central banks and the volatile start to the the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Gains On Surprise Supply Drop Posted: 01 Aug 2012 06:28 AM PDT 08/01/12 Crude oil advanced after US inventories slid the most in seven months. The EIA reported that crude oil inventories fell 6.5 million bbl in the week ended July … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Fed Watch Posted: 01 Aug 2012 11:21 AM PDT Cusick’s Corner 08-01-2012 It looks as though many traders might be sitting on their hands, awaiting the FOMC statement. There is now pressure on the Fed; the statements last week have been a catalyst for the market, S&Ps +9%. Energy markets, XLE, continue to be catalyzed on multiple fronts before the Fed, with the draw on the Inventories in the Crude markets, USO, much greater than anticipated. There also is escalating fighting in Syria which continues to pressure the Energy markets to the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Contrarian Value: Bill Miller’s Investment Approach Posted: 01 Aug 2012 08:26 AM PDT In brief  Bill Miller is co-founder and current chairman of US investment group Legg Mason Capital Management. He rose to prominence during the 2000s for consistently beating the US stock market with a blend of contrarian value and growth strategies.  Background  Miller and his partner Ernie Kiehne set up Legg Mason Capital Management and served as portfolio managers of the Legg Mason Capital Management Value Trust from its start in 1982 until Miller took the reigns as manager in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Trend Trader For ETF Trading On Thursday, August 2, 2012 Posted: 01 Aug 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Thursday, August 2, 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 112.24 − 0.31 112.40 112.38 Bearish BND – Vanguard Total Bond Market ETF 84.94 − 0.34 85.09 85.07 Bearish DBC – DB Commodity Index Tracking Fd 27.29 + 0.15 27.40 27.17 Neutral DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Trend Trader For Stock Trading On Thursday, August 2, 2012 Posted: 01 Aug 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Thursday, August 2, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 8.43 − 0.47 8.44 8.31 Neutral AXP – American Express Company 56.80 − 1.58 57.80 57.22 Bearish BA – Boeing Co 72.77 − 1.54 74.18 74.27 Bearish BAC – Bank of America Corporation 7.22 − 1.63 7.29 7.20 Neutral CAT – Caterpillar Inc 82.65 − … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Trend Trader For Forex Trading On Thursday, August 2, 2012 Posted: 01 Aug 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Thursday, August 2, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0460 − 0.39 1.0493 1.0380 Neutral EURUSD – Euro / US Dollar 1.2228 − 0.62 1.2273 1.2249 Bearish GBPUSD – British Pound / US Dollar 1.5535 − 0.88 1.5657 1.5659 Bearish USDCAD – US Dollar / Canadian Dollar 1.0053 + 0.21 1.0030 1.0097 Neutral USDCHF – US Dollar … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Trend Trader For Futures Trading On Thursday, August 2, 2012 Posted: 01 Aug 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Thursday, August 2, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Sep ESU2 1370.50 − 0.29 1377.28 1362.92 Neutral Dow Jones – Sep YMU2 12923 − 0.20 12982 12852 Neutral Nasdaq – Sep NQU2 2625.00 − 0.44 2637.94 2601.58 Neutral Russell – Sep TFU2 770.20 − 1.84 784.86 784.30 Bearish INTEREST RATES US T-Bond – Sep ZBU2 150-09 − … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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