Hot Option Plays: Late Day Buying Action After Hours
Cusick’s Corner 10-22-2012 After Hours The market “perked up” in the late stages of the After Hours trade, with the Tech sector, QQQ/XLK+~.6%, catalyzing the balance of the market to run up late day with it. This bounce is coming off critical support, 1420 on the S&Ps, and keeps the mid-term trend to the upside [...]
Cusick’s Corner 10-22-2012 After Hours
The market “perked up” in the late stages of the After Hours trade, with the Tech sector, QQQ/XLK+~.6%, catalyzing the balance of the market to run up late day with it. This bounce is coming off critical support, 1420 on the S&Ps, and keeps the mid-term trend to the upside intact. Yahoo (NASDAQ:YHOO) earnings beat but that can be attributed to Alibaba deal. With earnings continuing to come in mixed, late day EU headlines, and Moody’s downgrades of five … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards