Wednesday, October 17, 2012

DailyMarkets.com - Hot Option Plays: Grinding Up After Hours

DailyMarkets.com - Hot Option Plays: Grinding Up After Hours

Hot Option Plays: Grinding Up After Hours

Posted: 17 Oct 2012 02:17 PM PDT

Cusick’s Corner 10-17-2012 After Hours
Sellers have had no reprieve/window and the strength continues with the bulls. This could be a function of no real catalyst to put in any fear into the recent longs as reflected in a VIX at 15 -1.12%. Some Tech names did firm up today, like GOOG and FB, but this sector is lagging. So far it has been a tough, grinding uptrend into Expiration and most traders would like to see some fear, i.e. volatility, so that we can maybe start to trade some more. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Watchlist For Thursday, October 18

Posted: 17 Oct 2012 02:08 PM PDT

( click to enlarge )

Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) broke an ascending triangle area pattern today and could go to $11 very soon. Volume confirms. Buy as close to 9.50 as possible. The technical chart above shows very strong upward momentum as the stock is above the major moving averages with both 50 day and 200 day moving average going up. All indicators still point to a bull market. I tweeted the breakout at 9.55.

 ( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) The technical … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Steady, Housing Starts Soar, & Best Buy Enters Tablet Market

Posted: 17 Oct 2012 08:53 AM PDT

10/17/12 Stocks moved into positive territory Wednesday, helped by a strong housing report, but disappointing quarterly results from IBM put a cap on gains. Also, Best Buy to enter the tablet market on November … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

EU Grapes Protest Extreme Temps

Posted: 17 Oct 2012 01:29 PM PDT

10/17/12 Don’t hoard the bubbly or pour your life savings into the wine cellar – just yet. But keep in mind that the 2012 EU grape harvest may yield limited … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Bonds Breaking Midday

Posted: 17 Oct 2012 11:18 AM PDT

Cusick’s Corner 10-17-2012 Midday
Is the test to the upside now in play? Well, after the results coming out the banks and the housing data out this morning, the data is further catalyzing the shift out of bonds and now could be moving into equities. I have written about this in the past — I will keep an eye on the Long Bond, 30yr, and watch the TLT, if this settles below 120.92 and 146.25 respectively, the bond bears might finally see some continuation. See you After Hours.
Market breadth is … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Cardillo: “Jobs Growth…big Problem For The Economy”

Posted: 17 Oct 2012 10:39 AM PDT

10/17/12 Rockwell Global Capital’s Peter Cardillo discusses the surge in US housing starts and building permit and the earnings season. Expectations for Thursday’s release of Chinese and US data are … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Chinese And US Data, Earnings On Tap

Posted: 17 Oct 2012 08:20 AM PDT

10/17/12 A slew of data from China and the US will be coming out on Thursday. Earnings season shows no signs of slowing … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
at

No comments:

Post a Comment