Hot Option Plays: Action Perking Up Midday
Cusick’s Corner 10-22-2012 Midday Friday’s action did two things, elevated selling to a level not seen in months and flagged a sector that will be testing the metal of the market, Financials (XLF). Financials have been the catalyst to the downside over the last two sessions so continued weakness could make it hard for the [...]
Cusick’s Corner 10-22-2012 Midday
Friday’s action did two things, elevated selling to a level not seen in months and flagged a sector that will be testing the metal of the market, Financials (XLF). Financials have been the catalyst to the downside over the last two sessions so continued weakness could make it hard for the market to bounce with conviction. As I noted last week, keep an eye on the Consumer names, XLY, weakness here triggers not only concern about spending but also the economy. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards