Tuesday, November 6, 2012

DailyMarkets.com - Stocks To Watch For November 07, 2012

DailyMarkets.com - Stocks To Watch For November 07, 2012

Stocks To Watch For November 07, 2012

Posted: 06 Nov 2012 02:43 PM PST

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Lattice Semiconductor (NASDAQ:LSCC) nice runner from the buy list yesterday. The stock launched through the break out point and went up almost 10 cents. LSCC looks good for further gains from here. The first target is at 4.50. Accumulation chart continues to make new highs showing strong accumulation continuing to take place.

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InterDigital, Inc. (NASDAQ:IDCC) – This stock is up some 22% since last week and showing no signs of stopping. According … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Remember Those Dangling Chads? After Hours

Posted: 06 Nov 2012 02:17 PM PST

Cusick’s Corner 11-06-2012 After Hours
There is not much to say at this juncture — I will start to watch the exit polls and the futures after 6:30 pm ET. That’s when some key battleground states might have results coming out and that could help shape market reaction and potential momentum going into tomorrow, we HOPE. If we have a clear winner, then headlines out of the EU will initially dominate the early session follow by the Crude inventories data due out at 10:30 am ET. As one of my … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Election Day Rally, Oil Prices Soar, & NYSE Stock Drops

Posted: 06 Nov 2012 01:52 PM PST

11/06/12 The Big Board saw a big rally on election day as stocks continued to trade higher in anticipation of the presidential election results. Also, oil prices jump and the NYSE Euronext takes an earnings … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

JOBS And Government Policy

Posted: 06 Nov 2012 12:19 PM PST

(My previous post examined for students the anatomy or pathology of the October jobs report. This post continues with some policy philosophy or suggestions related to jobs.)
At the national macro-economic or policy level, having higher levels of employment and lower levels of unemployment are highly desirable. Having more people pulling the wagon and fewer people riding in the wagon makes the wagon move along a lot easier and faster.
In my opinion, the role of government related to jobs is to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Déjà Vu All Over Again? Midday

Posted: 06 Nov 2012 12:17 PM PST

Cusick’s Corner 11-06-2012
Election Day is finally here! Two notable points to highlight — the S&P 500, SPX, is at the same level as the Election in 2000 and the volume today is eclipsing the total volume from yesterday and we are only at the midday. Yesterday I mentioned how the Utilities, XLU, have been under pressure the last three sessions but have firmed up into the midday. If any pressure comes in late day then this could potentially signal anticipation of an Obama win and being in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Amazon Offers Monthly Prime Membership

Posted: 06 Nov 2012 11:24 AM PST

11/06/12 Amazon.com is offering its Prime membership on a monthly basis. The world’s largest online retailer bundles together streaming video and expedited shipping as part of its … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Corrections In Gold And Silver Could Provide Buying Opportunity Before Election

Posted: 06 Nov 2012 10:23 AM PST

We are experiencing a pullback in precious metals and mining stocks as investors react momentarily to a purported better than expected jobs report.  It is reported that the unemployment rate increased despite adding 171,000 new jobs.
The numbers look abysmal.  However, the media reports that the economy is picking up and no more QE will be needed.  Hence, precious metals are hammered.  We have seen this before where investors are shaken out during corrections while the long … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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