DailyMarkets.com - Tuesday Night Roundup: Ten Links

Tuesday Night Roundup: Ten Links
Hot Option Plays: As Apple Goes, So Goes The Market?
Philly Fed Reports Today On State Coincident Indexes; North Dakota And Ohio Lead The Country
Back In The Economic Danger Zone
5 Stocks I Will Be Watching For Potential Trades
Stocks Extend Losses On Profit Taking
401k Retirement Plans: Cutting Costs
Stock Market Recover Sidetracked By European Sovereign Debt Crisis
FOMC Minutes, Existing Home Sales On Tap
Willis: “Dangerous To Trade This Tape”
The Trend Trader For Stock Trading On Wednesday, August 22, 2012
The Trend Trader For ETF Trading On Wednesday, August 22, 2012
The Trend Trader For Futures Trading On Wednesday, August 22, 2012
The Trend Trader For Forex Trading On Wednesday, August 22, 2012

Posted: 21 Aug 2012 05:08 PM PDT

1. Markets in Everything: NFL online courses for ejected fans and a West Hollywood restaurant that offers a 5% discount on your meal if you leave your phone with the receptionist.

2. The Billion Prices Project @ MIT updated daily prices for July, showing that annual inflation continues to decline, falling to 1.20% through the end of July. Inflation is dead. At least for now. Related article from NPR, “Everybody Always Thinks Inflation Is Higher Than It Really Is.”

3. The American … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: As Apple Goes, So Goes The Market?

Posted: 21 Aug 2012 03:09 PM PDT

Cusick’s Corner 08-21-2012
An Apple a day keeps the Bears away, that’s until it succumbs to the laws of gravity. Apple (NASDAQ:AAPL) has been the support in this market, and while you might think that one stock does not make a market, it has been buoying this rally from the start. The end of day pullback in Apple brought the market with it. But as I said earlier, a pullback at this stage in the rally is healthy, as long as it is not accompanied with a headline or really negative trade in Apple or … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Philly Fed Reports Today On State Coincident Indexes; North Dakota And Ohio Lead The Country

Posted: 21 Aug 2012 02:55 PM PDT

The Philadelphia Federal Reserve Bank released new data today on State Coincident Indexes (and a national index), which are composite index measures based on four individual variables that summarize the current economic conditions in each state in a single statistic. The four state-level variables in each coincident index are: a) nonfarm payroll employment, b) average hours worked in manufacturing, c) the unemployment rate, and d) inflation-adjusted wage and salary … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Back In The Economic Danger Zone

Posted: 21 Aug 2012 02:45 PM PDT

In its State Coincident Indexes report, the Federal Reserve Bank of Philadelphia publishes gauges, calculated from four state-level indicators, that summarize current economic conditions in each of the 50 states.
The Philly Fed also produce one- and three-month diffusion indexes derived from aggregate changes in the state-level indexes that offer a read on what is happening in the U.S. economy as a whole.
If the history of the past three decades or so is any guide, the latest data indicates, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

5 Stocks I Will Be Watching For Potential Trades

Posted: 21 Aug 2012 02:22 PM PDT

( click to enlarge )

OCZ Technology Group Inc. (OCZ) – On the radar. The stock closed at $5.76, up 43 cents points for the day on expanding volume, regained its 50-day moving average and reconfirming that a new short-term uptrend is in place. Further rise is expected to follow to retest $6 level. Near term support is now located at $5.33, as long as this level holds, I’d expect the uptrend to continue. Long-term investors may hold with a stop at $4.90.

( click to enlarge … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Extend Losses On Profit Taking

Posted: 21 Aug 2012 01:58 PM PDT

08/21/12 Stocks extended losses Tuesday on investor profit taking and another session lacking economic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

401k Retirement Plans: Cutting Costs

Posted: 21 Aug 2012 12:44 PM PDT

08/21/2012 InnerHarbor Advisors’ Michael J. Keating, CFP, talks about cutting costs within your 401k retirement … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stock Market Recover Sidetracked By European Sovereign Debt Crisis

Posted: 21 Aug 2012 11:37 AM PDT

I think one of my most prescient posts was entitled Housing and Finance: Two Superimposed Crises and Bear Markets of September 17, 2010, almost exactly two years ago and just before the last mid-term elections. The market had already bottomed … Continue reading … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

FOMC Minutes, Existing Home Sales On Tap

Posted: 21 Aug 2012 06:31 AM PDT

08/21/12 The midweek calendar brings the FOMC minutes and US existing home sales. The overseas calendar will be quiet with no major releases on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Willis: “Dangerous To Trade This Tape”

Posted: 21 Aug 2012 10:42 AM PDT

08/21/12 Albert Fried & Company’s Ben Willis discusses the major equity averages touching multi-year highs. Willis also talks central banks, currency and commodity markets, along with S&P technical … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards