Hot Option Plays: Markets Under Pressure
Cusick’s Corner 07-20-2012 There was no expiration pop on the open, or at least a challenge to resistance of mid 1370s on the S&Ps that I mentioned in Thursday’s commentary. Yesterday’s close and overnight action did at first set an indecisive tone — SPY finished with a doji and then the overnight markets challenged to [...]
Cusick’s Corner 07-20-2012
There was no expiration pop on the open, or at least a challenge to resistance of mid 1370s on the S&Ps that I mentioned in Thursday’s commentary. Yesterday’s close and overnight action did at first set an indecisive tone — SPY finished with a doji and then the overnight markets challenged to the downside. This action continued into the Midday and the biggest underperformers on this expiration Friday are Finance, XLF, Industrials, XLI, and Tech, QQQ/XLK, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards