DailyMarkets.com - Hot Option Plays: GOOGed Midday

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• Hot Option Plays: GOOGed Midday
• Economist On The Street: Data & Presidential Elections
• Willis: “Market Is Tired…traversing Unchanged Line”
• Egypt Holds Rate Steady, Economy Faces Downside Risks
• Oil Falls For First Time In Three Days
• Spain Avoids Downgrade, Boosts Euro
• Euro Rises On Strong Spanish Bond Sale
• Stocks Turn Mixed, Cautious Mood Blankets Market
• Stocks Steady Again, Jobless Claims Rise, & Spanish Yields Drop

Hot Option Plays: GOOGed Midday Posted: 18 Oct 2012 11:18 AM PDT Cusick’s Corner 10-18-2012 Midday Google released early and the market hit the stock hard into the Midday. As I write this Corner, GOOG is down an astonishing $68 or ~9% and is halted. Last night the estimated move into the earnings was ~$50, so you can see the miss on revenues and the early release only ramped up the reaction. This has put some more pressure on Tech, QQQ, and this will further hamper the upside in this offensive sector at this stage. I am watching some Retail names, XRT, this … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Economist On The Street: Data & Presidential Elections Posted: 18 Oct 2012 05:29 AM PDT 10/18/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the slew of economic data releases from China and the US. The potential scenario for the equity markets following the presidential elections are also … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Willis: “Market Is Tired…traversing Unchanged Line” Posted: 18 Oct 2012 10:25 AM PDT 10/18/12 Albert Fried & Company’s Ben Willis talks global economic data, earnings and sectors. Expectations for market reaction to the US presidential election are also … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Egypt Holds Rate Steady, Economy Faces Downside Risks Posted: 18 Oct 2012 10:00 AM PDT     The Central Bank of Egypt kept its benchmark overnight deposit rate unchanged at 9.25 percent, saying there are still downside risks to the country’s economy and cautioned that higher food prices could threaten the outlook for inflation.     Egypt’s inflation rate eased to 6.2 percent in September from 6.47 percent in August, mainly due to favorable base effects. The core inflation rate fell to an annual rate of 3.8 percent from 5.3 percent – the lowest level since May … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Falls For First Time In Three Days Posted: 18 Oct 2012 09:51 AM PDT 10/18/12 Front month crude prices were in the red for the first time in three days as claims for unemployment benefits … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Spain Avoids Downgrade, Boosts Euro Posted: 18 Oct 2012 09:18 AM PDT Thursday, October 18, 2012 The Euro has stalled over the past several weeks, with prices trading in a range between 1.2800 and 1.3150. Much of the indecision among some traders has revolved around the problems facing Spain. The news that the nation did not receive a ratings downgrade from Moody’s and mounting pressure for the country to take international aid has helped restore some confidence in the Euro. There is no guarantee that Spain’s problems are over, but these developments are a vast … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Rises On Strong Spanish Bond Sale Posted: 18 Oct 2012 03:44 AM PDT 10/18/12 Led by solid demand at a Spanish bond sale and greater optimism on the global economy, the euro hit a five-month high against the yen and traded near a one-month high versus the dollar … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Turn Mixed, Cautious Mood Blankets Market Posted: 18 Oct 2012 08:07 AM PDT 10/18/12 US stocks turn mixed after the latest earnings and economic data releases. Jobless claims rose more-than-expected, while the Philly Fed Survey and leading indicators topped … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Steady Again, Jobless Claims Rise, & Spanish Yields Drop Posted: 18 Oct 2012 02:39 AM PDT 10/18/12 Global stocks were holding steady Thursday morning following a drop in Spanish bond yields. Meanwhile, jobless claims rose and the EU summit kicks … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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