Monday, May 6, 2013

DailyMarkets.com - Hot Option Plays: Stocks Rally On Encouraging Numbers After Hours

DailyMarkets.com - Hot Option Plays: Stocks Rally On Encouraging Numbers After Hours

Hot Option Plays: Stocks Rally On Encouraging Numbers After Hours

Posted: 06 May 2013 03:17 PM PDT

Cusick’s Corner 05-02-2013 After Hours
Stock market averages scored solid gains on a busy day of economic and earnings news Thursday. A number of large caps, including GM, Facebook (FB), Visa (NYSE:V), Seagate Tech (NASDAQ:STX), and Prudential (NYSE:PRU), were higher in the wake of their respective results. On the economic front, data released early showed jobless claims at 324,000 last week, down from 342,000 and much better than the 346,000 that was expected. The report seemed to hold more sway than … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: S&Ps Extend Climb After Hours

Posted: 06 May 2013 03:17 PM PDT

Cusick’s Corner 05-06-2013 After Hours
Stocks finished mixed on a relatively slow news day Monday. With no economic data or earnings of broad market significance to guide the action, trading opened steady after overseas markets saw a day of mostly range-bound and uneventful action. Crude oil erased midday losses to add 22 cents to $95.82. Gold gained $5 to $1469. On Wall Street, Bank of America (NYSE:BAC) rallied 5 percent and was the leader in the Dow Jones Industrial Average on news of a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks To Watch For May 7, 2013

Posted: 06 May 2013 02:42 PM PDT

( click to enlarge )

3D Systems Corporation (DDD) is a good momentum stock and looks great for a test of the highs. The chart is showing a strong bullish bias. OBV is increasing, indicating accumulation of shares in the market and MACD is indicating upward swing. I’m using today's high of $43.72 as resistance for tomorrow. A break above that area could trigger further bullish momentum towards $45.63

 ( click to enlarge )

FormFactor, Inc. (NASDAQ:FORM) closed above its 200-day … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Steady Start To Week For Dow

Posted: 06 May 2013 09:41 AM PDT

05/06/13 After a rousing end to last week, the trading session seemed a bit muted with the Dow little changed on a lack of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Acer Offers Options In Sweet Packages

Posted: 06 May 2013 02:00 PM PDT

05/06/13 Acer unveiled Windows 8 notebooks with distinctive features in the form of the Aspire R7 and P3. Android-based Iconia A1 and B1 offer flexible price points and basic … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Don’t Sell In May: Here Are Reasons To Extend Your Stay

Posted: 06 May 2013 11:41 AM PDT

During the first week of May every year, the maxim, "Sell in May and Go Away," gets taken out, dusted off and powered up as a reason to sell stocks. The rhyme is more than just a catchy urban legend: June, July, August and September have historically been the weakest months of the year for the S&P 500 Index.
Yet even if seasons trigger certain events, when the snow falls in Minnesota in May, Midwesterners need to throw on their winter gear and roll out snowblowers, not … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Earnings Reports In Focus Amid Light Global Calendar

Posted: 06 May 2013 02:44 AM PDT

05/06/13 Tuesday brings a light US economic data calendar but is packed with earnings reports. The RBA rate decision will be closely … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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