Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, GLD, BTK
The market ended another volatile week with the Dow down 188 points, SPX losing 23.41 points, and Nasdaq sliding just 6.3 points. We monitored the market cautiously and faired pretty well, with not too many published trades: GLD (95) GLDHK, Aug 89 calls, at $7, +59% MER ($28.6) MERSF, July 30 puts, at $2.9, -4.9% SVNT ($27.37) UVPGE, July [...]
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