Search Results for '.HGX' Options Recap — 05/13/2013

Stock market averages are modestly lower, but volume is light and action has been rangebound thus far. The only significant stat of the day showed Retail Sales up .1 percent in April and better than the .3 percent decline that was expected. But, trading was sluggish across the Eurozone. Crude oil lost 50 cents to [...]

May 13, 2013 | 0 Comments More Options Recap — 05/10/2013

Market is mixed heading into the final two hours of trading. With no economic data due out until Monday’s Retail Sales, trading was steady after Japan surged nearly 3 percent overnight. European markets were mostly modestly higher, but crude lost $1.85 to $94.54 and gold lost $32.5 to $1,436. On Wall Street, the S&P 500 [...]

May 10, 2013 | 0 Comments More Options Recap — 05/06/2013

Snoozefest. With no economic data or important earnings to guide things, market averages opened steady and have traded in a range. I won’t try to make it sound exciting, because it simply is not. Crude oil is up 46 cents to $96.07 and gold gained $5 to $1469. The Dow Jones Industrial Average erased morning [...]

May 6, 2013 | 0 Comments More Options Recap — 05/02/2013

Stocks are broadly higher following a busy day for earnings reports. A number of widely helds, including GM, Facebook (FB), and Visa (V), are up on their respective results. Economic data showed a much bigger-than-expected drop on jobless claims ahead of key jobs data Friday morning. Commodities are mostly higher, with crude up nearly $2 [...]

May 2, 2013 | 0 Comments More Options Recap — 05/01/2013

Stock market averages fell on disappointing economic news Wednesday. ADP said the economy added just 119K private sector jobs in April. 155K was expected. April ISM and March Construction Spending also fell short of expectations. Merck (MRK) lost 2 percent and is the Dow’s biggest loser on earnings. Elsewhere, many overseas markets are closed for [...]

May 1, 2013 | 0 Comments More Options Recap — 04/30/2013

Stock market averages erased morning losses and are holding modest gains through midday Tuesday. Data released early motivated a bit of market weakness after Chicago PMI came in at 49 for April, from 52.4 and below expectations of 52. However, a surprise uptick in Consumer Confidence helped offset worries about manufacturing, after the Conference Board’s [...]

April 30, 2013 | 0 Comments More Options Recap — 04/29/2013

Stock market averages are holding solid gains, but there’s not much news flow and very light volume behind the move. Pending Home Sales were up 1.5 percent and that was 1.4 percent more than expected. Personal Incomes and Spending rose .2 percent and .2 percent in March, which was mostly in-line with expectations. European equity [...]

April 29, 2013 | 0 Comments More Options Recap — 04/26/2013

Sorry for getting this out late. I was CBOE for a good part of the day, which was a slow one. Market averages were basically flat on mixed earnings news. VIX is at 13.61 and basically unchanged for a second day. Quiet day all around and probably some wait-and-see ahead of another flood earnings next [...]

April 26, 2013 | 0 Comments More Options Recap — 04/25/2013

Stocks opened higher on jobless claims data and extended the gains through afternoon trading Thursday. Filings for jobless benefits fell to 339,000 last week, from 355,000 and much better than the 351,000 that was expected. Meanwhile, the earnings news was mixed. While Exxon (XOM) and 3M (MMM) dropped and weighed on the Dow in early [...]

April 25, 2013 | 0 Comments More Options Recap — 04/24/2013

Market action is mixed with earnings news driving a lot of the activity Wednesday. Apple Computer (AAPL) has been seesawing around the $400 level in the wake of its earnings report, but the stock isn’t much changed heading into the final two hours of trading. While the forward guidance disappointed, news of an increased buyback [...]

April 24, 2013 | 0 Comments More