Hot Option Plays: Financials Lagging
Cusick’s Corner 07-18-2012 The market continues to chug along and on the earnings front there have been some decent financial stocks beating estimates. Financials are one of those leading sectors that need to continue to lead but today this sector is lagging, XLF -14%, which is probably not what a bull wants to see. The [...]
Cusick’s Corner 07-18-2012
The market continues to chug along and on the earnings front there have been some decent financial stocks beating estimates. Financials are one of those leading sectors that need to continue to lead but today this sector is lagging, XLF -14%, which is probably not what a bull wants to see. The VXX, a volatility index, is up +1.3% which is not a totally bullish flag. These are flags that stop me from chasing until I get confirmation that a move to the upside might look … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards