Monday, November 19, 2012

DailyMarkets.com - Hot Option Plays: Gains Extended After Hours

DailyMarkets.com - Hot Option Plays: Gains Extended After Hours


Hot Option Plays: Gains Extended After Hours

Posted: 19 Nov 2012 03:17 PM PST

Cusick’s Corner 11-19-2012
Impressive — that’s a good word for the market action that we saw today but this was a tempered move. What is meant is that the volume was light and shorts tend to cover more quickly in an environment where the headlines dominate the action. Volatility came out this session, VIX -7.13%, so the expectation of a large magnitude of a move at this juncture has lessened. While this was a reversal of Thursday’s and Friday’s bottoming action, today’s continuation was … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Rally To Wipe Out Most Of Last Week’s Declines

Posted: 19 Nov 2012 09:47 AM PST

11/19/12 Stocks extended gains across the board Monday, wiping out most of last week’s declines, on signs of progress to tackle the fiscal cliff and after better-than-expected housing … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


3 Events That Sum Up The Week

Posted: 19 Nov 2012 02:45 PM PST

Indian Gold Demand Picks Up
The love for gold has been reignited in India, according to the World Gold Council (WGC) in its Gold Demand Trends for the third quarter of 2012. India regained its title as the strongest performing market, overtaking the greater China area, as the country experienced a bounceback in demand due to improved sentiment during the festival season.
Compared to the third quarter of last year, Indian gold jewelry demand grew by 7 percent while gold bar and coin demand rose … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


AAA:Thanksgiving Travel To Climb This Year

Posted: 19 Nov 2012 12:28 PM PST

11/19/12 AAA projects an increase in Turkey Day travel this year. Most Americans will drive to their destination during the holiday … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Stock Market Averages Are Holding Gains

Posted: 19 Nov 2012 12:18 PM PST

Cusick’s Corner 11-19-2012
With the market firming and the upside bias from Friday holding, stocks have something to smile about in the short -term this shortened, holiday week. The NASDAQ, QQQ, and the S&Ps, SPY, have both held critical levels and technically are showing some strength after a rough sell off in the last couple of weeks. Now headlines about the Fiscal cliff and tensions in the Middle East will probably continue to dominate the markets, but any rhetoric or major action (like … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Jumps On Escalating Israel-Hamas Conflict

Posted: 19 Nov 2012 06:00 AM PST

11/19/12 Oil prices jumped 2% as tensions and conflicts continued to grow in Gaza between Israel and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Steady On Prospects Of Deals For Greek Funding & U.S. Fiscal Cliff

Posted: 19 Nov 2012 05:58 AM PST

11/19/12 The euro has steadied Monday morning as prospects of a deal on Greek funding and tackling the U.S. fiscal cliff has helped lift optimism and risk … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cardillo: “Thanksgiving…usually A Plus For Markets”

Posted: 19 Nov 2012 10:52 AM PST

11/19/12 Rockwell Global Capital’s Peter Cardillo weighs in on today’s equity market rally and increase in risk appetite. Geopolitical tensions in the Middle East and the upcoming Eurogroup meeting are … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


US Housing Starts, Bernanke Speech On Tap

Posted: 19 Nov 2012 08:46 AM PST

11/19/12 US housing starts will be released on Tuesday morning. Earnings and Fed speeches are also on the economic … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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