DailyMarkets.com - Hot Option Plays: How Long Can Gold Shine? Midday

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• Hot Option Plays: How Long Can Gold Shine? Midday
• Willis: “My Instinct Is To Look For A Pullback…ahead Of Earnings Season”
• The Year Of The “Plow Horse Housing Recovery”
• Oil Prices Are Still Dropping
• Wall Street Turns Higher On Existing Home Sales
• Euro Surrenders Early Gains
• Stocks Start Flat After Central Bank Moves

Hot Option Plays: How Long Can Gold Shine? Midday Posted: 19 Sep 2012 11:18 AM PDT Cusick’s Corner 09-19-2012 The action in the Gold markets has been impressive with the trend to the upside (thanks QE!) but it is very clear that this is a one-sided market — bullish. This sets up the potential for some really big moves. It’s almost like you are on a plane and then out of nowhere the plane drops, it’s the type of action that gold traders will have to deal with. This also means that sizing of positions and stops should be more conservative. I will be watching the action in the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Willis: “My Instinct Is To Look For A Pullback…ahead Of Earnings Season” Posted: 19 Sep 2012 10:28 AM PDT 09/19/12 Albert Fried & Company’s Ben Willis weighs in on the Bank of Japan’s stimulus measures, US housing data and the upcoming earnings … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Year Of The “Plow Horse Housing Recovery” Posted: 19 Sep 2012 10:19 AM PDT Some key reports today on architecture billings, existing home sales, and new residential construction provide additional evidence that a U.S. housing recovery is underway: 1. Reuters –  “A leading indicator of U.S. construction activity rose last month to its best level in five months, indicating that demand for design services is expanding, an architects’ trade group said on Wednesday. The Architecture Billings Index (ABI) rose 1.5 points to a reading of 50.2 in August, according to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Prices Are Still Dropping Posted: 19 Sep 2012 03:36 AM PDT 09/19/12 Front month crude prices, for a third consecutive morning, continue to trade lower as Spanish financial worries resurfaced and after Saudi Arabia pledged to take action to keep prices in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Turns Higher On Existing Home Sales Posted: 19 Sep 2012 08:27 AM PDT 09/19/12 US stocks got a boost on better-than-expected existing home sales data. The Bank of Japan increased its asset-buying … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Surrenders Early Gains Posted: 19 Sep 2012 03:13 AM PDT 09/19/12 Moves by the Bank of Japan to boost global equities has helped push the euro lower Wednesday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Start Flat After Central Bank Moves Posted: 19 Sep 2012 07:43 AM PDT 09/19/12 Following a series of moves by central banks, stocks were trading mostly flat to start … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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