Search Results for 'CCI'
WhatsTrading.com Options Recap — 06/19/2013
Stock market averages moved in a narrow range Wednesday morning heading into the FOMC post-meeting statement and are now at session lows after Federal Reserve officials signaled that the economy is at reduced risk compared to the fall [Oh F%#&, not that!]. Bernanke also indicated that the Fed might reduce stimulus later this year. The [...]
WhatsTrading.com Options Recap — 06/13/2013
The roller coaster ride continues. Trading was mixed early after Japan lost 6.4 percent overnight and European markets saw a day of sluggish trading. However, the economic calendar included better-than-expected readings on Retail Sales, jobless claims, and business inventories. The early reaction to the data was muted, but stock market averages scored solid gains in [...]
Celldex Therapeutics (CLDX) Sees Vol Spike
Celldex (CLDX) is up 94 cents to $15.52 in active trading of 2.5 million shares and options volume is running 7X the daily average. 5,380 puts and 2,390 calls so far Implied volatility in the options on the biotech is moving up 26 percent to 60, new 52-week highs, and some investors are apparently seizing [...]
WhatsTrading.com Options Recap — 06/07/2013
Stock market averages opened higher on jobs data and have traded sideways in a narrow range since that time. The headline number was a bit better than expected, but not hot enough to trigger anxiety about aggressive changes to Fed policy. While Asia finished mostly lower, European markets rebounded on the data – which overshadowed [...]
WhatsTrading.com Options Recap — 06/06/2013
Stock market averages are mixed following a morning of whippy trading. Jobless claims were in-line and a couple of names – CIEN and ANN – are up earnings. Sodastream (SODA) traded higher on reports Pepsico is looking to buy the company, but shares pared gains after a Pepsi executive denied the speculation. Crude oil is [...]
WhatsTrading.com Options Recap — 06/04/2013
Trading was mixed through midday, but market averages are near session lows heading into the afternoon session. There doesn’t seem to be a specific catalyst for the decline. Trading has been whipping in recent days and the S&P 500 is down 9 points – now flat on the week. Action in the commodities market is [...]
WhatsTrading.com Options Recap — 05/31/2013
Stock market averages are under water amid cautious trading and end-of-month position squaring. Weakness across Europe on poor data set the table for early declines on Wall Street heading into the day’s economic news. Both Univ of Michigan Sentiment and Chicago PMI came in much better-than-expected and trading had turned mixed into midday. More recently, [...]
WhatsTrading.com Options Recap — 05/16/2013
Stock market averages are modestly higher despite a round of weaker-than-expected economic data Thursday. While jobless claims rose much more than expected last week, Philli Fed, Housing Starts, and CPI were all well below expectations. I’m hearing more than one investment firm arguing that weak economic data is a positive for the stock market because [...]
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 — 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 [...]
