Monday, April 15, 2013

DailyMarkets.com - Hot Option Plays: Gold Melting After Hours

DailyMarkets.com - Hot Option Plays: Gold Melting After Hours


Hot Option Plays: Gold Melting After Hours

Posted: 15 Apr 2013 11:18 AM PDT

Cusick’s Corner 04-12-2013 After Hours
Well, if you generally like to be a bear then you probably would have liked participating today in the precious metals markets — XME/GLD/SLV, and Miners, GDX. The bottom has dropped out in this space. It’s not a positive for the market at this stage, and deeper lows with this close look to be potentially in the cards. I will be looking for some potential setups in this space that attempt to take advantage of this new trend. Now some might say that the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Gold Extends Losses From Friday Midday

Posted: 15 Apr 2013 11:18 AM PDT

Cusick’s Corner 04-15-2013 Midday
I wrote last Friday that the Gold markets were taking it on the chin and the precious metal bears appear to have a solid trend to the downside. The pressure is now on the long spec positions in the shiny metal and as the liquidations take place with this move to the downside this will put pressure on other market segments as these funds raise cash. This is a good example of why we often discuss, sometimes ad nauseam, why we should scale down size when clarity … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Industrial Metal Bulls Trying To Escape Bears’ Clutch

Posted: 15 Apr 2013 11:18 AM PDT

Friday, April 12, 2013
Large speculators have been net-short Copper futures for weeks, with the most recent Commitment of Traders report showing non-commercial traders net-short 27,078 contracts as of April 2nd. These large speculators added over 6,000 new net-short positions that week, just prior to the recent lows being put in place. Given this large short position and commercial interest in buying at recent price levels, we may see some sustainability to the recent upward price move, mainly … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold Losing Its Luster For Investors?

Posted: 15 Apr 2013 11:18 AM PDT

Monday, April 15, 2013
The commitment of Traders report shows that both large and small speculations have been busily liquidating net-long positions with the most recent report showing a net decline of over 20,000 contracts for the week ending April 2nd. There has been similar or even more dramatic shift out of physical Gold ETF’s as well funds are being allocated to currently better performing assets such as equities. Though Gold prices have fallen over 12% in the past 6 months vs. the U.S. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Economy Beginning To Slow

Posted: 15 Apr 2013 10:20 AM PDT

04/15/13 Rockwell Global Capital’s Peter Cardillo discusses the selloff in commodities and equities. Potential catalysts for volatility are touched … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Markets Slide As Chinese Growth Stalls

Posted: 15 Apr 2013 04:45 AM PDT

04/15/13 Global markets were in the red following an unexpected slowdown in Q1 Chinese growth. Also, gold and silver dips and Dish Network makes a play for Sprint … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Yen Rises On China Concerns

Posted: 15 Apr 2013 09:43 AM PDT

04/15/13 The Japanese yen rose across the board Monday, helped by investors concerned about a global recovery following weaker-than-forecast Chinese growth … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Hits 4-month Low

Posted: 15 Apr 2013 04:42 AM PDT

04/15/13 Front month crude oil prices fell to a 4-month low, trading below $90 a barrel to start the week, this following disappointing Q1 growth data out of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares MSCI Taiwan ETF (EWT) : Short Sell @ $13.02

Posted: 15 Apr 2013 08:18 AM PDT

Wall Street Dips On Slowing China GDP Growth

Posted: 15 Apr 2013 07:56 AM PDT

04/15/13 US stocks opened in negative territory, as global growth worries weighed on sentiment. Weak data from China dragged on commodities and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Obamacare: 12 “Scary” Assessments

Posted: 15 Apr 2013 07:32 AM PDT

How is Obamacare treating you so far?
Are you experiencing any of the maladies highlighted in a recent review by Investor Business Daily that projects that Obamascare will lead to the following:

1. Boost insurance costs.
2. Push millions off employer coverage: In February, the Congressional Budget Office said that 7 million will likely lose their employer coverage thanks to ObamaCare — nearly twice its previous estimate. That number could be as high as 20 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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