Wednesday, May 1, 2013

DailyMarkets.com - Hot Option Plays: Latest Data Weak, FOMC Stays On Current Policy Course After Hours

DailyMarkets.com - Hot Option Plays: Latest Data Weak, FOMC Stays On Current Policy Course After Hours


Hot Option Plays: Latest Data Weak, FOMC Stays On Current Policy Course After Hours

Posted: 01 May 2013 03:18 PM PDT

Cusick’s Corner 05-01-2013 After Hours
Stock market averages fell on disappointing economic data Wednesday. ADP reported this morning that the US economy added 119,000 private sector jobs last month, which was well below expectations of 155,000. Separately, the latest ISM Index of manufacturing activity eased to 50.7 for April, from 51.3 in March and a bit below the 51.0 that was expected. Lastly, Construction Spending was down 1.7 percent for March, much worse than the .5 percent increase that … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Falls To 2-month Low

Posted: 01 May 2013 10:01 AM PDT

05/01/13 The U.S. dollar slipped to a 2-month low against a series of currencies after a weaker-than-expected private-sector jobs growth … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Dives On Weak Economic Reports

Posted: 01 May 2013 02:37 PM PDT

05/01/13 US stocks slumped near session lows late Wednesday following a series of weaker-than-expected economic reports that overshadowed the Federal Reserve’s plan to maintain its stimulus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks To Watch For May 2, 2013

Posted: 01 May 2013 02:28 PM PDT

( click to enlarge )

Lions Gate Entertainment Corp. (USA) (NYSE:LGF) Good looking setup, however investors should be cautious at current levels. Initiate long position when the stock breaches 25.35 with a stop at 23.85

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Zillow Inc (Z) broke out in a big way today on great volume. I think we will see some nice follow through on Thursday.

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LinkedIn Corp (LNKD) Strong on weak tape. Nice breakout on increase volume. To add on any dip.

( click to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Case For Owning Commodities When No One Else Is

Posted: 01 May 2013 01:00 PM PDT

Sometimes following where money is being invested is a solid course of action to gain alpha; other times, a better opportunity lies in going the opposite direction, i.e., thinking contrarian.
Take commodities, energy and materials, which may be the most unappreciated areas of the market these days. According to Bank of America Merrill Lynch's Global Fund Manager Survey of 250 participants who collectively manage $725 billion, energy, materials and commodities are extremely underowned.
As you … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

NW Biotherapeutic Challenges Cancer With DC-Vax

Posted: 01 May 2013 12:53 PM PDT

05/01/13 Northwest Biotherapeutic’s CEO, Linda Powers, discusses the company’s DCVax® technology and weighs in on regulatory challenges in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Chipotle Goes Top Shelf With Patron

Posted: 01 May 2013 12:46 PM PDT

05/01/13 Chipotle Mexican Grill is serving up margaritas made with fresh ingredients at its restaurants. Diners can choose PatrĂ³n Silver or Sauza … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Federal Reserve Maintains QE, May Raise Or Cut Amount

Posted: 01 May 2013 11:27 AM PDT

    The Federal Reserve, the U.S. central bank, maintained its goal of buying long-term Treasury bonds and housing-related debt worth $85 billion a month along with its target for the federal funds rate at 0-0.25 percent, as expected, saying it “continues to see downside risks to the economic outlook.”
    While the Federal Reserve’s policy-making body, the Federal Open Market Committee (FOMC) largely repeated its statement from March, it added today that it may either … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Investors Wait For Comments From The Fed Midday

Posted: 01 May 2013 10:17 AM PDT

Cusick’s Corner 05-01-2013 Midday
Stock market averages fell on disappointing economic data Wednesday. ADP reported this morning that the US economy added 119,000 private sector jobs last month, which was well below expectations of 155,000. Separately, the latest ISM Index of manufacturing activity eased to 50.7 for April, from 51.3 in March and a bit below the 51.3 that was expected. Lastly, Construction Spending was down 1.7 percent for March, much worse than the .5 percent increase that was … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Sell In May And Go Away?

Posted: 01 May 2013 10:16 AM PDT

05/01/13 DME Securities’ Alan Valdes talks global central bank stimulus measures, earnings reports and broader fundamentals affecting the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Quick Pre-Fed Check On SP500 Market Internals

Posted: 01 May 2013 10:09 AM PDT

The main chart-based theme is that the SP500 is trading into the "Will it or Won't it Break" key level of 1,600, so let's take a quick peek at Breadth Market Internals to get clues beyond what price is telling us.
First, the broader 30-min intraday picture:

I've highlighted three prior days where Market Internals (Breadth and Volume Difference of Breadth) clearly diverged with price.  You can see the outcome in each of these three recent events.
Typically, strength (or … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Plunges As Chinese Manufacturing Slows

Posted: 01 May 2013 04:35 AM PDT

05/01/13 Front month crude prices were down more than 2.5% Wednesday morning following the release of Chinese manufacturing data that showed a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

All Eyes On ECB Rate Decision

Posted: 01 May 2013 03:25 AM PDT

05/01/13 Central bank rate announcements from the ECB and BOE are awaited. Key data and earnings are scheduled for release on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For Stock Trading On Thursday, May 2, 2013

Posted: 01 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Thursday, May 2, 2013

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.43
8.41
8.25

Bullish

AXP – American Express Company
68.28
68.14
67.68

Bullish

BA – Boeing Co
91.18
91.49
90.89

Neutral

BAC – Bank of America Corporation
12.14
12.29
12.18

Bearish

CAT – Caterpillar Inc
83.08
84.21
83.08

Bearish

CSCO – Cisco … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For Futures Trading On Thursday, May 2, 2013

Posted: 01 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Thursday, May 2, 2013

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM3
1577.25
− 0.94
1585.64
1569.17

Neutral

Dow Jones – Jun YMM3
14636
− 0.93
14717
14585

Neutral

Nasdaq – Jun NQM3
2863.50
− 0.57
2865.36
2818.58

Neutral

Russell – Jun TFM3
922.40
− 2.40
936.53
923.37

Bearish

INTEREST RATES

US T-Bond – Jun ZBM3
149-04
+ … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For ETF Trading On Thursday, May 2, 2013

Posted: 01 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Thursday, May 2, 2013

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares CORE Total US Bond Mkt
111.39
111.51
111.41

Bearish

BND – Vanguard Total Bond Market ETF
84.16
84.17
84.09

Neutral

DBC – DB Commodity Index Tracking Fd
25.80
26.17
26.01

Bearish

DIA – SPDR DJ Industrial Average … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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