Hot Option Plays: Data Not As Strong As Expected But Bid Stays
Cusick’s Corner The market is whippy — data, GDP prelim came in worse than expected and as I type this, the expected Fitch downgrades of EU debt are crossing the headlines. While this is a little disconcerting, the bid continues to come. The S&Ps have not broken 1300, so the short trend is in place. [...]
Cusick’s Corner
The market is whippy — data, GDP prelim came in worse than expected and as I type this, the expected Fitch downgrades of EU debt are crossing the headlines. While this is a little disconcerting, the bid continues to come. The S&Ps have not broken 1300, so the short trend is in place. I will be watching the Crude markets, USO, which have been lagging the equities and are making lower lows. If the tensions in the Middle East start to cool and data does turn, Crude could … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards