Monday, January 14, 2013

DailyMarkets.com - S&P 500 2013 Outlook: Massive Correction Ahead?

DailyMarkets.com - S&P 500 2013 Outlook: Massive Correction Ahead?


S&P 500 2013 Outlook: Massive Correction Ahead?

Posted: 14 Jan 2013 03:10 PM PST

Here's my 2013 market outlook for the S&P 500, wherein I discuss medium and long term analysis, and reveal why I believe it's time to begin preparing for a potentially large correction ahead. Read More…
Medium Term Outlook
I can't help but feel a little deja vu when I see the daily chart of the S&P 500 cash index. You see, the index has gotten a very nice bullish start to the year by breaking through the top of the clearly-defined triangle pattern, which developed over the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Apple Inc Has No Buyers,yet !

Posted: 14 Jan 2013 02:48 PM PST

Apple Inc stock is on sale, 20% off, buy now win a chicken dinner! Yes Apple Inc stock float is on sale but where are the buyers. Is there a margin worm in the apple?

Six months ago if you write a blog post in a negative way about Apple Inc and the ‘Apple Dogma’ crowd sent you very well worded emails of how wrong you are. In love they are, with a pretty product! Shucks! Sure a good company, sure a great balance sheet, but at what price. It seems the market is still working that out as … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Start Week Steady, Apple Takes A Hit

Posted: 14 Jan 2013 09:42 AM PST

01/14/13 Stocks traded along the flatline in a lackluster trading session Monday, weighed down by worries over demand for Apple’s iPhone 5 and ahead of a busy week of corporate … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: High-End Retail Mixed After Hours

Posted: 14 Jan 2013 02:17 PM PST

Cusick’s Corner 01-14-2013 After Hours
While I am typing this the Fed Chief is talking, it’s a mixed bag, saying things have improved but downside risk still there, i.e. the debt ceiling. Also there is an OCC notice that JPM will have to cease from trading derivatives, i.e. credit derivatives. Right now JPM stock is trading mixed after hours. Retail names are now in the forefront and LULU (my daughters love this stuff) is getting hit after hours in an in-line earnings announcement. This news is … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Corvette Stingray 2014 Debuts At Detroit Auto Show

Posted: 14 Jan 2013 11:23 AM PST

01/14/13 General Motors unveiled the seventh generation of the classic Corvette sports car. The 2014 Chevrolet Corvette Stingray did not fail to mesmerize at the Detroit … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Calendar Packed With Data, Fed Speeches

Posted: 14 Jan 2013 08:46 AM PST

01/14/13 The US economic calendar begins to pick up on Tuesday. Retail sales, PPI, NY Empire State manufacturing data and business inventories will be coming … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Thomas Vittielo Talks The Debt Ceiling And Gold

Posted: 11 Jan 2013 09:10 AM PST

01/14/13 Thomas Vittielo of Aurum Options Strategies addresses the debt ceiling issue and its likely effect on the gold … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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