DailyMarkets.com - Cardillo: “Seeing Trend: Higher Open…then Pulls Back”

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• Cardillo: “Seeing Trend: Higher Open…then Pulls Back”
• Hot Option Plays: Debate Non-Event
• Oil Stays Above $92 As Risk Appetite Remains Strong
• Direxion Daily S&P 500® Bear 3x Shares (SPXS)
• IShares Dow Jones US Oil & Gas Exploration & Production Index Fund (IEO)
• Wall Street Turns Higher On Consumer Sentiment
• Stocks See Steady Rise, EU Receives 2012 Nobel Peace Prize
• Euro Jumps As Equities Rise, Spanish Bond Yields Fall

Cardillo: “Seeing Trend: Higher Open…then Pulls Back” Posted: 12 Oct 2012 11:20 AM PDT 10/12/12 Rockwell Global Capital’s Peter Cardillo recaps this week’s market action and provides insight into event risk for the upcoming trading … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Debate Non-Event Posted: 12 Oct 2012 11:18 AM PDT Cusick’s Corner 10-12-2012 Midday The debate was a non-event. They both did their job, so nothing much did come of that event. With the late day pressure to the downside and a continued pressure into the Midday, the equities markets are being tested at these levels. One sector that I do see a potentially new trend shift is in the consumer space, XLY, potentially to the downside. If this sector does turn this would be a red flag for the market. This could then add more offensive sectors and over … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Stays Above $92 As Risk Appetite Remains Strong Posted: 12 Oct 2012 09:21 AM PDT 10/12/12 Still riding the wave of yesterday’s decline in jobless claims figures, as well as a rise in the euro, front month crude prices were again on the upside Friday morning, trading well above $92 a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Direxion Daily S&P 500® Bear 3x Shares (SPXS) Posted: 12 Oct 2012 09:18 AM PDT REBOUND EXPECTED … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

IShares Dow Jones US Oil & Gas Exploration & Production Index Fund (IEO) Posted: 12 Oct 2012 09:16 AM PDT DROP EXPECTED … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Turns Higher On Consumer Sentiment Posted: 12 Oct 2012 08:19 AM PDT 10/12/12 US stocks continue to see choppy trading as US data and earnings were digested. Earnings from financials came in mixed, while consumer sentiment topped … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks See Steady Rise, EU Receives 2012 Nobel Peace Prize Posted: 12 Oct 2012 03:19 AM PDT 10/12/12 Stocks were trading higher Friday morning as EU industrial production unexpectedly rose. Meanwhile, the European Union was awarded the Nobel Peace … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Jumps As Equities Rise, Spanish Bond Yields Fall Posted: 12 Oct 2012 03:02 AM PDT 10/12/12 The euro rose Friday morning on risk appetite after Spanish bond yields continued to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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