Hot Option Plays: Contrarian
Posted on September 13, 2011 at 18:37 PM EDT
Cusick’s Corner The whippy trade continues but we have the second positive close and the Semis, SMH +2%, was one of the strongest sectors today. I love this type of movement that separates itself from the negativity of the market sentiment and while this is not a totally contrarian play, it is a positive. The [...]

Cusick’s Corner
The whippy trade continues but we have the second positive close and the Semis, SMH +2%, was one of the strongest sectors today. I love this type of movement that separates itself from the negativity of the market sentiment and while this is not a totally contrarian play, it is a positive. The velocity of this move does concern me a little; I will be looking for confirmation tomorrow in Tech and would like to see Financials join. I will be watching the Retail Sales tomorrow, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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