Hot Option Plays: GOOGed Midday
Cusick’s Corner 10-18-2012 Midday Google released early and the market hit the stock hard into the Midday. As I write this Corner, GOOG is down an astonishing $68 or ~9% and is halted. Last night the estimated move into the earnings was ~$50, so you can see the miss on revenues and the early release [...]
Cusick’s Corner 10-18-2012 Midday
Google released early and the market hit the stock hard into the Midday. As I write this Corner, GOOG is down an astonishing $68 or ~9% and is halted. Last night the estimated move into the earnings was ~$50, so you can see the miss on revenues and the early release only ramped up the reaction. This has put some more pressure on Tech, QQQ, and this will further hamper the upside in this offensive sector at this stage. I am watching some Retail names, XRT, this … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards