DailyMarkets.com - Hot Option Plays: Mixed Bag Today Midday

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• Hot Option Plays: Mixed Bag Today Midday
• Heller: “Market Is Drifting…sort Of Boring”
• Oil Prices Tank! Fall More Than 3% On Demand Concerns
• GM Sales Shine In September
• Dollar Improves On Private Payrolls
• Iceland Holds Rates, Says Likely To Raise In Near Future
• Stocks Start Flat As Global PMI Falls
• Wall Street Turns Higher On Data
• Poland Holds Rate But Will Cut If Economy, Inflation Slows

Hot Option Plays: Mixed Bag Today Midday Posted: 03 Oct 2012 11:18 AM PDT Cusick’s Corner 10-03-2012 Midday As we limp into the midday, equities, from a short-term perspective, are mixed at best. It started early in the overnight with mixed global data and became more choppy as domestic data rolled out pre-open. With a severe lack of any upside catalyst and mixed data, recent entrants into the equities markets may come under some pressure. As I mentioned yesterday, the Relative Strength in the market is waning and now are getting to resistance levels, 50% retracement … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Heller: “Market Is Drifting…sort Of Boring” Posted: 03 Oct 2012 10:43 AM PDT 10/03/12 OnPoint Executions’ Bobby Heller weighs in on recent equity market action and expectations for Q4 2012. The Euro zone debt crisis, geopolitical tensions and the global economic slowdown are … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Prices Tank! Fall More Than 3% On Demand Concerns Posted: 03 Oct 2012 05:12 AM PDT 10/03/12 Despite a slight drop in inventory figures for last week, Wednesday saw front month crude prices dip more than 3% to trade below $89 as traders instead focused on demand … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

GM Sales Shine In September Posted: 03 Oct 2012 04:39 AM PDT 10/03/12 On Tuesday, the General Motors Co. reported its highest September U.S. sales since 2008, led by a jump in mini, small and compact … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dollar Improves On Private Payrolls Posted: 03 Oct 2012 08:41 AM PDT 10/03/12 The US dollar gained some ground on the euro Wednesday morning following an expansion of private payrolls in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Iceland Holds Rates, Says Likely To Raise In Near Future Posted: 03 Oct 2012 08:21 AM PDT     Iceland’s central bank held interest rates unchanged on lower-than-expected inflation in August and a slow recovery of domestic demand, but added that is is likely to raise rates in the near future.     The Central Bank of Iceland said earlier interest rate increases in May and June, together with lower inflation, had withdrawn some of the accommodative monetary policy, which has helped support the economic recovery.     But as this spare capacity … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Start Flat As Global PMI Falls Posted: 03 Oct 2012 03:20 AM PDT 10/03/12 Global stocks were mostly flat to start Wednesday morning as PMI data out of China and Europe fell short of expectations. Meanwhile, Australia’s trade deficit widens and rumors spread of production of a smaller … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Turns Higher On Data Posted: 03 Oct 2012 08:16 AM PDT 10/03/12 US stocks turned higher following better-than-expected ISM services and ADP employment data. Deutsche Telekom AG’s board approved a plan to merge T-Mobile USA and MetroPCS … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Poland Holds Rate But Will Cut If Economy, Inflation Slows Posted: 03 Oct 2012 07:59 AM PDT     The central bank of Poland held its interest rate unchanged, against the expectations of financial markets, but said it would cut rates if the economy continues to contract and inflation remains low.     The National Bank of Poland (NBP) said it held its reference rate unchanged at 4.75 percent as inflation was expected to remain above the bank’s 2.5 percent target until the end of the year even if it was expected to ease in coming months due to waning base … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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