Market Analysis
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Daily Stock Options Recap – January 14, 2011
Sentiment Stocks are mostly higher despite a round of mixed economic news Friday. Data released before the bell showed the Consumer Price Index [CPI] up .6 percent last month, which was slightly hotter than the .5 percent increase that economists had expected. A separate report showed December Reta...
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Options tactician targets Southwestern Energy Co.
SWN - Southwestern Energy Co. – Shares of the independent energy company engaged in natural gas and crude oil exploration, development and production increased as much as 1.6% at the start of the trading session to touch an intraday high of $32.60. Options trading on the stock took on a bullis...
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Daily Stock Options Recap – September 22, 2010
Sentiment Major averages have battled back from morning losses and are trading mixed late-Wednesday. It’s been a slow news day so far. With no economic news to guide the action, most of the early focus was on stock news. Adobe (ADBE...
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Daily Stock Options Recap – August 20, 2010
Sentiment Disappointing earnings news, weakness in the euro, falling energy prices, and the options expiration exacerbated volatility Friday. Hewlett Packard (HPQ) is down 2.4 percent and the biggest loser in the Dow Jones Industrial Average after the computer maker posted in-line earnings after ...
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Daily Stock Options Recap – August 19, 2010
Sentiment The major averages are deep in the red, falling under the weight of disappointing economic data Thursday. The stage was set for morning losses after the Labor Department reported that jobless claims increased by 25,000 to 500,000 last week. Economists were looking for a decline of about...
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Rumor mill generates options feeding frenzy on U.S. Steel Corp.
X - United States Steel Corp. – Unconfirmed rumors that ArcelorMittal may be interested in buying U.S. Steel at $80.00 per share inspired an all-out options feeding frenzy on the Pittsburgh, PA-based steel producer. U.S. Steel’s shares rallied as much as 6.7% in the first half of the trading...
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Daily Stock Options Recap – August 17, 2010
Stocks are broadly higher, as investors seemed to look beyond another round of mixed economic data and focus on the day’s stock news instead. Home Depot (HD) and Wal-mart (WMT) are both helping the Dow Jones Industrial Average on better-than-expected earnings. Meanwhile, mergers were announced...
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Daily Stock Options Recap – August 16, 2010
Sentiment Stocks opened lower, but battled back in morning trading and market action has turned mixed late-Monday. Economic data was in focus early after the NY Empire State Index, a gauge of regional manufacturing activity, showed an increase to 7.10 in August, from 5.08 in July and less than th...
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Daily Stock Options Recap – August 13, 2010
Sentiment Stocks are trading mixed in slow market action Friday. After a 320-point three-day slide, the Dow Jones Industrial Average opened lower under the weight of another round of uninspiring economic news. The latest data showed retail sales up a less-than-expected .4 percent and the Consumer...
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Mixed action on ETF country plays
EFA - iShares MSCI EAFE Index Fund - One investor appears nervous over a continued slide lower for global stocks and used a put option combination in the index fund tracking Europe, Asia and Far Eastern markets in an effort to profit from a further 10% slide. The iShares ETF is trading at an unc...
