Hot Option Plays: Market Drops – Focus Shifts To EU & Fiscal Cliff Midday
Cusick’s Corner 11-07-2012 Midday The President won — the Utilities were an interesting tell. (In Florida there was a repeat of the hanging chad syndrome and their electoral votes are still unsettled.) Growth plays at this stage are getting hit on the open, Bonds are popping and Commodities are taking it on the chin. At [...]
Cusick’s Corner 11-07-2012 Midday
The President won — the Utilities were an interesting tell. (In Florida there was a repeat of the hanging chad syndrome and their electoral votes are still unsettled.) Growth plays at this stage are getting hit on the open, Bonds are popping and Commodities are taking it on the chin. At this stage I would not be trying to catch falling knives, especially in the offensive sectors like XLY, XLE, XLK, and XLF, but I might start to look for some commodity plays … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards