Thursday, November 29, 2012

DailyMarkets.com - Hot Option Plays: Longs Appear Buoyant Amid Fiscal Cliff Rhetoric After Hours

DailyMarkets.com - Hot Option Plays: Longs Appear Buoyant Amid Fiscal Cliff Rhetoric After Hours


Hot Option Plays: Longs Appear Buoyant Amid Fiscal Cliff Rhetoric After Hours

Posted: 29 Nov 2012 03:17 PM PST

Cusick’s Corner 11-29-2012 After Hours
I guess it was Nancy’s turn to challenge the markets. But in all seriousness, it’s impressive to see the buoyancy of the longs in this market with all the rhetoric of the “fiscal cliff”. What has been notable is that neither Volatility (VIX) nor Small Caps (IWM) have shown fear or uncertainty on the domestic economic front. There was notable strength in Metals like Copper and Silver, JJC/SLV, and an uptick in Tech, more specifically in Networking and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Christmas Rally Requires The SOX To Join In

Posted: 29 Nov 2012 03:01 PM PST

The price action in the Phlx Semiconductor Index (SOX) is not looking good. Yet the SOX must rally for the Nasdaq to have a seasonal Christmas rally.

Large components are : INTC, AMD, MU, MRVL

We know that Intel has cut its guidance as ..”the PC market is going into the toilet, and the global economy (ex-US) is plainly brutal”. The performance of Intel (INTC) has been poor, therefore Intel needs to bounce to satisfy the need for a rally. They other question is can Apple Inc (AAPL) carry the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Tunisia Holds Rate, Economy Recovers, Inflation May Rise

Posted: 29 Nov 2012 02:40 PM PST

    Tunisia’s central bank held its benchmark interest rate steady at 3.75 percent as the economy continues to improve gradually but inflation could rise in coming months.
    Banque Centrale de Tunisie, which raised its rate in August by 25 basis points, said the pressure on prices and the balance of payments warrants watching and financial balances must be preserved.
    Tunisia’s consumer prices rose 0.8 percent in October from the previous month for an annual … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Rise As Lawmakers Tackle Fiscal Cliff

Posted: 29 Nov 2012 09:05 AM PST

11/29/12 Stocks struggled to maintain gains in choppy trade Thursday, but ended higher, as investors took in comments from lawmakers on the “fiscal cliff” and following earlier upbeat economic … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Retirement Planning For Foreign Nationals

Posted: 29 Nov 2012 11:57 AM PST

11/29/2012 InnerHarbor Advisors’ Michael J. Keating, CFP, weighs in on the importance of retirement and estate planning for foreign nationals residing in the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Farewell November, Hello Data!

Posted: 29 Nov 2012 10:28 AM PST

11/29/12 Friday marks the final trading session for November. Global economic data will be monitored, along with the Bundestag vote on Greece’s aid … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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