Recent Commentaries tagged (uncategorized)
Teflon Market
Once again, the dip-buyers show their resilience. Just about everyone recognizes that this market could use a rest, but buying the morning lows continue to work. There isn't much choice but to play along. 1350 to 1370 on the S&P500 are the next targets.
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Tags: uncategorized
02.06.12 – Gap Fill Underway
Price is moving towards filling the opening gap lower, but really internals aren't suggesting much. This sideways action is definitely needed to 'burn-off' last week's overbought readings.
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Tags: uncategorized | gap-fill
Heavy Action In BP Call Options With...
Today's tickers: ZNGA, UPS & SXC ZNGA - Zynga Inc. - Options on the social game developer behind wildly popular games such as Words with Friends and FarmVille continue to trade at a Facebook-IPO-induced fever pitch today. Investors exchanged roughly 45,000 option contracts on Zynga by 12:30 p.m...
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Tags: uncategorized | sxc | ups | znga
Crude Oil Fundamental Analysis Feb. 2, 2012,...
By FX Empire.com Economic Events: (GMT) WEEKLY This Week in PetroleumRelease Schedule: Wednesday @ 1:00 p.m. EST (schedule) Gasoline and Diesel Fuel UpdateRelease Schedule: Monday between 4:00 and 5:00 p.m. EST (schedule) Weekly Petroleum Status ReportRelease Schedule: The wpsrsummary.pdf, ove...
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Tags: uncategorized
Monday Market Momentum (or lack thereof)
Does this look good to you? Here's that GDP analysts found so exciting on Friday and this very chart is from the WSJ article that spins it: "US Economy Picks Up Steam." I would especially like to draw your attention to the big graph on the right, which shows Household Spending, which is 70% o...
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Tags: immediately-available-to-public | uncategorized
Low Rate Optimism
Chairman Ben Bernanke made it clear that the Fed is ready, willing and able to act should the economy falter. The Fed feels the economy is weak enough to justify keeping interest rates low until the end of 2015, but the prospect of endless QE had the bulls in a buying mood. The big question now ...
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Tags: uncategorized | ben-bernanke | qe | the-fed
Short-Term Bullish Bets Mount As Las Vegas...
Today's tickers: LVS, S & PG LVS - Las Vegas Sands Corp. - Weekly call options on the casino operator continue to see heavy action as shares in Las Vegas Sands extend their sharp run to the upside. The stock is up more than 12.0% year-to-date and some options traders are positioning for the mom...
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Tags: uncategorized | lvs | pg | s
01.25.12 – Latent FOMC Pop
Positive tick has me thinking this congestion zone just below the pivot breaks to the upside. How price will do at SPY $132 resistance remains to be seen.
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Tags: uncategorized | fomc | spy
Who’s Afraid of the Big Bad Sovereign Debt...
This week Gold Subscribers received two recommendations and a special alert. Since Gold Subscriptions began, there are five new recommendations available to Gold Subscribers. For a limited time, sign up to become a Gold Subscriber and receive the first month of Guild's Premium Global Market Com...
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Tags: uncategorized
Key Earnings Coming
The bears gave up at the end of the day and we rallied into the close with SMH leading. While we are due some downside, the buyers are trained to buy any dip. We also have some big earnings tomorrow after close when American Express, Google, IBM, Intel, Intuitive Surgical and Microsoft all are ...
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Tags: uncategorized | american-express | ibm | intuitive-surgical | smh
