Search Results for 'AOS'
WhatsTrading.com 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 [...]
WhatsTrading.com 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 [...]
WhatsTrading.com 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 [...]
WhatsTrading.com 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 [...]
WhatsTrading.com 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 [...]
WhatsTrading.com Options Recap — 04/23/2013
Stock market averages are holding solid gains heading into the final thirty minutes of trading. Earnings news helped lift sentiment as a variety of names, like ARM Holdings (ARMH), NetFlix (NFLX), Delta (DAL), and Regions Financial (RF), moved higher on the heels of their respective reports. Separately, a report on New Home Sales showed improvement [...]
WhatsTrading.com Options Recap — 03/20/2013
Stock market averages opened higher and are heading to their best levels of the day after the FOMC concluded its latest meeting on monetary policy. With no economic news to guide the early activity, investors brushed aside two days of Cyprus jitters (which is one level above Cyprus anxiety, but two notches below Cyprus Fear) [...]
WhatsTrading.com Options Recap — 02/20/2013
With uneventful trading in overseas markets, early focus was on Housing Starts. The headline number showed a sharp drop to 890K for January, from 973K and below expectations of 914K. However, Building Permits, a better gauge of future activity, was up to 925K, from 909K and better than the 918K that was expected. Separately, PPI [...]
WhatsTrading.com Options Recap — 02/15/2013
Trading turned a bit more cautious on expiration Friday and heading into the three-day President’s Day weekend. Walmart (WMT) dropped 2.8 percent and is the biggest loser in the Dow Jones Industrial Average after the world’s largest retailer delivered cautious comments about February sales. The news knocked the wind out of a modest rally attempt. [...]
WhatsTrading.com Options Recap — 02/14/2013
Market action is mixed and continues to lack conviction Thursday. Stock index futures ticked lower before the opening bell after data showed Japan’s GDP declining by .4 percent and Eurozone growth down .6 percent in the fourth quarter. European equity markets fell into the red and the euro dropped to 1.3355 on the dollar. Yet, [...]
