Thursday, January 17, 2013

DailyMarkets.com - Hot Option Plays: Do Earnings Matter? Midday

DailyMarkets.com - Hot Option Plays: Do Earnings Matter? Midday


Hot Option Plays: Do Earnings Matter? Midday

Posted: 17 Jan 2013 11:17 AM PST

Cusick’s Corner 01-17-2013 Midday
The economic data was solid this morning, but the earnings data was mixed at best, which begs the question are they as important as we thought they would be? Right now the market action is saying no, the bulls clearly still have the momentum and this sentiment is not at an extreme. The oX put call ratio is at .41, roughly meaning that for every 2 puts being bought there are 5 calls being bought. While I do not take that as the only indicator of sentiment, it … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Meyers: “Focus On Housing Data…momentum Beginning To Improve”

Posted: 17 Jan 2013 10:16 AM PST

01/17/13 DME Securities’ Warren P. Meyers talks fundamentals and technicals. S&P 500 levels and momentum from the gains for the Russell 2000, madcaps, Dow transports are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bonds Boosted By Bernanke Statements, But Can It Last?

Posted: 17 Jan 2013 09:18 AM PST

Thursday, January 17, 2013
Bond futures look like they may not lose the safety net of quantitative easing as soon as many expected. Fed Chairman Bernanke has indicted that more easing may be needed to keep the economy on the path to a sustained recovery, and is concerned that pulling the rug out too soon may do more harm than good. The economy may, in fact, be doing better than expected, with today’s job and manufacturing activity reports expected to show improvement. Housing prices are at 4-5 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Fed Governor Fisher: “Break Up TBTF Banks”

Posted: 17 Jan 2013 08:54 AM PST

Three days ago I wrote how strongly I believe that the Wall Street landscape needs to be restructured. How so? I made my case in defining Wall Street as an oligopoly and Why Should the Banks Be Broken Up?
I concluded my commentary by highlighting that Dallas Federal Reserve governor Richard Fisher would be addressing this same topic on Wednesday evening. What did the good governor have to say? 
Let's navigate as Reuters reports,

U.S. authorities should break up the country's … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Rises On Algerian Militant Attack

Posted: 17 Jan 2013 03:16 AM PST

01/17/13 Crude-oil futures drifted back into positive territory Thursday, finding support after an attack by militants on a natural-gas field in Algeria that raised supply … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Stocks Gain On Upbeat Data, Banks Slip

Posted: 17 Jan 2013 08:16 AM PST

01/17/13 US stocks gained following a decline in jobless gains and surge in housing starts. The Philly Fed survey missed expectations, while BAC and C shares slipped in morning … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Extends Gains Vs. Euro

Posted: 17 Jan 2013 03:14 AM PST

01/17/13 The dollar extended gains versus the Japanese yen and pared losses versus the euro Thursday after the number of Americans filing new claims for unemployment benefits FELL to a five-year low last … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Mixed On Financial Earnings, Jobs Data

Posted: 17 Jan 2013 02:39 AM PST

01/17/13 Global stocks were trading mixed Thursday morning following the release of earnings from financials. Also, jobs data impressed and the Spanish treasury auction was … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Calling All Auction-Rate Holders: OPEN FORUM

Posted: 17 Jan 2013 05:57 AM PST

We are now less than one month away from the five year anniversary of what I believe is the greatest fraud ever perpetrated on Wall Street. Regular readers know I am referencing the ARS (auction-rate securities) tragic debacle. I have been remiss in not addressing this situation for more than a few months and apologize for that.
Some past holders may wonder, "Is the ARS pain ongoing?" Indeed it is. Tens of billions of ARS remain outstanding. Some individuals and institutions still trapped … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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