Monday, August 27, 2012

DailyMarkets.com - Hot Option Plays: Tech Strong

DailyMarkets.com - Hot Option Plays: Tech Strong


Hot Option Plays: Tech Strong

Posted: 27 Aug 2012 11:13 AM PDT

Cusick’s Corner 08-27-2012
We’ve got all week to discuss the Fed, ECB decisions, and QE or Not QE. I am watching the Tech sector today, QQQ, which has been the leader all month and right now it’s at levels that we have not seen since last March. The S&Ps and DJIA seem to be more dependent on the Dollar continuing to break, while the Bonds are showing more downside than Tech at this point. I will be using the Small Caps, IWM, as my flag for Tech, a break of the $79.50 could trigger some … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Guilfoyle: “US GDP…very Important For Traders This Week”

Posted: 27 Aug 2012 10:44 AM PDT

08/27/12 Meridian Equity Partners’ Stephen Guilfoyle talks about upcoming events: the Jackson Hole symposium, ECB rate decision and German Constitutional Court outré decision on the permanent bailout … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Bears Feast As Pork Prices Tumble

Posted: 27 Aug 2012 10:16 AM PDT

Monday, August 27, 2012
Hog herd liquidation due to high feed costs combined with above average hog weights is weighing heavily on from month futures prices while seasonality factors also favor weak pork prices as we move into fall. Longer term traders may wish to focus on 2013 contracts where the potential for tighter supplies due to smaller breeding stock could make for an interesting trading environment next year.
Fundamentals
Hog producers are having a rough go of it lately, as record high … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Open Mixed On M&A Monday

Posted: 27 Aug 2012 08:21 AM PDT

08/27/12 US stocks kicked off the final week of August on a mixed note. M&A and earnings highlighted market action on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Slips Despite Isaac Concerns

Posted: 27 Aug 2012 03:13 AM PDT

08/27/12 Despite concwerns over Hurricane Isaac, front month crude prices were trading lower on profit … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Israel Keeps Rate Steady, Growth Forecast To Be Trimmed

Posted: 27 Aug 2012 08:00 AM PDT

    The Bank of Israel left its benchmark interest rate unchanged at 2.25 percent, as expected, as the economy continues to expand at its recent pace and inflation remains within the bank’s target range.
    But global risks remain high and this could affect Israel’s economy, the central bank cautioned, adding it expected to trim its growth forecast next month.
    “The level of economic risks from around the world, due to the developments in Europe, remains … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Inches Higher

Posted: 27 Aug 2012 02:43 AM PDT

08/27/12 The euro traded higher Monday morning following German data that was not as bad as … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


European Stocks Higher As German Data Not As Bad As Expected

Posted: 27 Aug 2012 02:37 AM PDT

08/27/12 European stocks were higher Monday morning as German business confidence fell for a fourth straight month, but the drop was not as bad as … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


No comments:

Post a Comment