Wednesday, February 27, 2013

DailyMarkets.com - Hot Option Plays: Bounce Holds After Hours

DailyMarkets.com - Hot Option Plays: Bounce Holds After Hours


Hot Option Plays: Bounce Holds After Hours

Posted: 27 Feb 2013 03:17 PM PST

Cusick’s Corner 02-27-2013 After Hours
The major indices were able to hold the bounce. The Dow Jones Industrials moved above 14000 and is now at new highs for the last year. This is after a challenge of the lows earlier in the week, 13,800 on the INDU, and this is really impressive with today’s move and breakout. This action resumes the move in both direction and pace. Tech, QQQ, has established support, $66 on the short-term and this is the level I will continue to watch if the current upside … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Rally To Fresh 5-year High

Posted: 27 Feb 2013 09:37 AM PST

02/27/13 Stocks were in rally mode Wednesday afternoon, with the Dow climbing to a fresh five-year high, on upbeat earnings, economic reports, and Fed Chairman Ben Bernanke reaffirming his support of the central bank’s stimulus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

‪Economist On The Street: Tick Tock! Sequester Deadline Looms‬

Posted: 27 Feb 2013 01:39 PM PST

02/27/13 Stephen Guilfoyle talks fundamentals and technical levels. The next two trading sessions will bring the end of the month and the sequester deadline: what will it mean for the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Transports Towing The Market Higher Midday

Posted: 27 Feb 2013 11:17 AM PST

Cusick’s Corner 02-27-2013 Midday
The buyers into the Midday are just slicing through what looked to be decent resistance levels setting up, 1500 and 1508 on the S&Ps. This has been impressive, seeing that the Transports started to consolidate after leading this morning and Midday, IYT +2.58%, and we could see this type of action start to set in as we go into the After Hours. I will keep an eye on 1515 as next level the market might challenge to the upside while 1508 is now short-term … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Polcari: “Market Telling You… ‘This Is Place To Be’”

Posted: 27 Feb 2013 10:25 AM PST

02/27/13 O’Neil Securities’ Kenneth Polcari weighs in on the equity market rally. Key market-moving issues are discussed: Sequester, Bernanke and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Extends Losses Vs. Euro On Durable Goods Slide

Posted: 27 Feb 2013 04:37 AM PST

Dollar extends losses vs. euro on durable goods … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Prices Dip, Again, To Trade Below $93

Posted: 27 Feb 2013 04:22 AM PST

02/27/13 Oil prices dipped again Wednesday morning following a slide in durable goods orders and continued election confusion in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Europe Higher, Durable Goods Contract, & Ben Bernanke Testimony Concludes

Posted: 27 Feb 2013 08:52 AM PST

02/27/13 European markets were higher Wednesday morning and stock futures were rising ahead of Ben Bernanke’s final testimony. Also, durable goods contract and New Jersey legalized internet … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Farewell February: US GDP, Jobless Claims On Tap

Posted: 27 Feb 2013 07:55 AM PST

02/27/13 The final session of the month brings the release of global data, Fed speeches, and earnings … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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