Hot Option Plays: Overbought Could Stay Overbought Midday
Cusick’s Corner 01-24-2013 Midday As I write this at 12:45pm ET, the market is starting to pull off the best levels of the day. More specifically Tech, which has been buoyed by the likes of IBM/GOOG/NFLX, is coming under pressure after the warning from Apple (NASDAQ:AAPL) which is down -~11.39% and the QQQs are now [...]
Cusick’s Corner 01-24-2013 Midday
As I write this at 12:45pm ET, the market is starting to pull off the best levels of the day. More specifically Tech, which has been buoyed by the likes of IBM/GOOG/NFLX, is coming under pressure after the warning from Apple (NASDAQ:AAPL) which is down -~11.39% and the QQQs are now down -~1.14%. So while Tech is digesting some mixed earnings, the other markets are holding and it will be interesting if this continues into the After Hours. As I mentioned yesterday, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards