Friday, August 17, 2012

DailyMarkets.com - Hot Option Plays: S&Ps Hit Right Off Highs

DailyMarkets.com - Hot Option Plays: S&Ps Hit Right Off Highs


Hot Option Plays: S&Ps Hit Right Off Highs

Posted: 17 Aug 2012 03:14 PM PDT

Cusick’s Corner 08-17-2012
Sitting on your hands on an Expiration Friday as the market is hitting the highs is tough. But with low volume and money starting to chase, it is not a recipe that I want to follow. The bias is to the upside and that is not one I have been willing to fade. Resistance on equities was not really tested today and commodities seem to have stronger catalysts at this point, so that’s where a lot of my idea generation has been coming from. Speaking of ideas, take the weekend … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Standard Chartered: Regulatory Credibility Obliterated

Posted: 17 Aug 2012 03:08 PM PDT

I spoke with Michelle Makori on China Central TV the other evening regarding the Standard Chartered – Iranian money laundering scandal. 3 minutes goes by very quickly.

Related Sense on Cents Commentary
Standard Chartered: Keep the Fine, Deliver the Truth 
Standard Chartered Scandal: "Asian Regulators Had Lost Faith in American Regulators"
Standard Chartered Scandal: Crime Pays
Standard Chartered: Friends Like This, Who Needs Enemies 
Larry Doyle
ISN'T IT TIME to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Close Higher On Better-than-expected Reports

Posted: 17 Aug 2012 01:53 PM PDT

08/17/12 Stocks held on to slight gains Friday, with the major markets moving closer to multi-year highs on better-than-expected economic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


‘Most Have Been Unemployed For Months Or Years’

Posted: 17 Aug 2012 01:44 PM PDT

Yup, sure sounds like a “recovery” to me:
“Long-Term Jobless Regroup to Fight the Odds” (New York Times)
The analysts pore over the numbers every month, the full menagerie of economic indicators. President Obama and Mitt Romney trade barbs over who is at fault for a sluggish recovery. But here, in a region with one of the highest unemployment rates in the country, other numbers often loom larger.
There are the roughly 1,600 résumés that Byron Reeves has sent out since he lost his job in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Ticketmaster Must Be Stopped

Posted: 17 Aug 2012 01:41 PM PDT

Ticketmaster is no stranger to controversy. Often criticized for its outrageous service fees, poor customer service and monopolistic control over the primary ticket industry, the ticketing giant — along with others in the ticket and live event industries — is now threatening to completely eliminate fan ownership of the tickets they buy.

How? By issuing "restrictive paperless tickets" that are non-transferable, and can only be used by the original ticket purchaser, similar to an airline … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Rail Shipping: Coal Is Down; Oil, Cars & Lumber Up

Posted: 17 Aug 2012 12:37 PM PDT

Here’s some interesting data from this week’s report on U.S. rail traffic from the American Association of Railroads:

1. On a year-to-date (YTD) basis through the week ending August 11, total rail volume of 9,005,952 carloads this year is down by 2.4% compared to last year’s loadings of 9,231,927 carloads from January through mid-August.

2. Of the 20 different categories of carload shipments, coal totally dominates this type of rail shipping, and made up 44% of the shipping activity in 2011 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Watch The Metals

Posted: 17 Aug 2012 12:13 PM PDT

Cusick’s Corner 08-17-2012
This has been a very tight and boring expiration. After the tight range in the overnight markets, the probability of any pop in the morning settlements for cash indexes waned. Clearly the Tech segment, NASDAQ, has been making new highs, which has money that has been on the sidelines starting to chase as we get to new highs, and chasing is not recommended but it is hard to watch. The bulls are in control of not only the equities, but also (with growing breakout … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cardillo: “US Economy Has Leveled Off…all About The Fed”

Posted: 17 Aug 2012 11:04 AM PDT

08/17/12 Rockwell Global Capital’s Peter Cardillo weighs in on the latest US economic data, and provides his outlook for the FOMC and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Trade Flat After Brief Pop On Data

Posted: 17 Aug 2012 08:23 AM PDT

08/17/12 US stocks are flat, after the University of Michigan’s consumer sentiment index and leading indicators came in above forecasts. Apple continued its quiet rally to its record … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


No comments:

Post a Comment