Search Results for 'UYG'
WhatsTrading.com 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 [...]
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 — 04/10/2013
The rally to record highs continues Wednesday. The underlying tone of trading was positive early after banks led European markets broadly higher. On the domestic news front, the minutes from the Federal Reserve meeting were released five hours earlier than normal because the text had apparently been leaked the day before. The minutes held no [...]
Whatstrading.com Options Recap — 03/07/2013
The grind continues. The S&P 500 traded in a 7-point range yesterday and in a 4-point range today. We get little blips of volume and volatility here and there, but the longer-term trend seems to be towards lower volumes and lower vols. ECB, BOE, and BOJ all concluded meetings on monetary policy and there didn’t [...]
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 — 02/12/2013
Market action is mixed and lacking conviction Tuesday. With no economic data to guide trading, the tone has a wait-and-see feel ahead of Obama’s State of Union address this evening and Retail Sales tomorrow morning. A handful of consumer names, like Coke, Avon, and Goodyear Tires, were out with earnings this morning. The results failed [...]
WhatsTrading.com Options Recap — 02/11/2013
Stock market averages opened lower and traded in a narrow range. With no significant economic data due out until Retail Sales Wednesday morning and no earnings of importance to guide the action Monday, there’s been no catalyst to move the market one way or the other. Key markets in Asia were closed and action was [...]
WhatsTrading.com Options Recap — 02/06/2013
Stock market averages bounced around a bit in the morning session, but aren’t much changed heading into the closing bell. With no economic stats to guide the action, investors digested another barrage of mixed earnings reports from the likes of Time Warner (TWX), Zynga (ZNGA), Disney (DIS), and many others. The overall news failed to [...]
WhatsTrading.com Options Recap — 02/05/2013
Stock market averages rebounded early and have recovered nearly all of the losses suffered the day before. The Dow Jones Industrial Average dropped 130 points yesterday and suffered its biggest loss so far in 2013 on renewed concerns about Europe after yields rose in Spain and Italy. While Asia’s equity markets followed suit and suffered [...]
WhatsTrading.com Options Recap — 01/29/2013
A weak reading on consumer confidence and a disappointing round of earnings from the tech sector failed to halt the stampede Tuesday. Pfizer (PFE) is up 3.4 percent and helping to lead the Dow Jones Industrial Average to a 75-point gain on the heels of its earnings report. Valero (VLO), Eli Lilly (LLY), and CIT [...]
