Hot Option Plays: S&Ps Gravitate Towards 1260
Posted on December 29, 2011 at 14:19 PM EST
Cusick’s Corner Gold, GLD, and Silver, SLV, continue to slide as the weaker long speculators are pressured out. Equities are gravitating towards that 1260 mark on the S&Ps to get the end of the year in the green. Like I mentioned earlier this week, as long as we have 3 of the 4 offensive sectors [...]

Cusick’s Corner
Gold, GLD, and Silver, SLV, continue to slide as the weaker long speculators are pressured out. Equities are gravitating towards that 1260 mark on the S&Ps to get the end of the year in the green. Like I mentioned earlier this week, as long as we have 3 of the 4 offensive sectors — XLF, XLB, XLI, this could be the catalyst to get 2011 in the green. See you After Hours.

Stock market averages are holding gains with help from economic data Thursday. Data released before the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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