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OPTIONSMART MORNING UPDATE: Lacking positive catalysts

OPTIONSMART MORNING UPDATE: Lacking positive catalysts 1. OUTLOOK: Stocks tumbled for the second day in a row as concerns about the economic recovery resurfaced and the outlook for the technology sector darkened. Bank of America down ...
November 20th, 2009 at 4:22 am

OPTIONSMART MORNING UPDATE: Showed weakness

OPTIONSMART MORNING UPDATE: Showed weakness 1. OUTLOOK: Large-cap tech stock were among the primary laggards; that caused the Nasdaq to trail the major indices. Financials helped lead the broader market on a late charge back toward t ...
November 19th, 2009 at 8:09 am

OPTIONSMART MORNING UPDATE: Erased early losses

OPTIONSMART MORNING UPDATE: Erased early losses 1. OUTLOOK: Strength in commodity-linked shares offset weakness in the retail sector. The rebound in commodity prices boosted shares of energy and materials companies. Needham downgrade ...
November 18th, 2009 at 7:43 am

OPTIONSMART MORNING UPDATE: S&P 500 finished above 1,100

OPTIONSMART MORNING UPDATE: S&P 500 finished above 1,100 1. OUTLOOK: Broad-based buying on the back of a weaker dollar drove the major indices to new highs. Energy and materials stocks benefited the most. the broader equity market pa ...
November 17th, 2009 at 6:04 am

OPTIONSMART MORNING UPDATE:Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: Renewed weakness in the U.S. dollar helped stocks overcome an early slip that followed a lower-than-expected preliminary consumer sentiment reading. Meanwhile, news of a deeper-t ...
November 14th, 2009 at 2:58 pm

OPTIONSMART MORNING UPDATE: Retreated on profit-taking

OPTIONSMART MORNING UPDATE: Retreated on profit-taking 1. OUTLOOK. The market seems to be questioning whether the increases are based on true fundamentals. In the same time, Wal-Mart announced on Thursday that it beat Q3 earnings est ...
November 13th, 2009 at 3:52 am

OPTIONSMART MORNING UPDATE: Looking for direction

OPTIONSMART MORNING UPDATE: Looking for direction 1. OUTLOOK.Some technical resistance caused stocks to make an early pullback and spend the rest of the session trading in lackluster fashion.However, investors are realizing things ar ...
November 12th, 2009 at 4:35 am

OPTIONSMART MORNING UPDATE: Upside seen limited

OPTIONSMART MORNING UPDATE: Upside seen limited 1. OUTLOOK. Investors were cautious after a Monday jump that pushed the blue-chip Dow to its highest level in 13 months. Analysts and investors alike have struggled to determine whethe ...
November 11th, 2009 at 5:05 am

OPTIONSMART MORNING UPDATE: Gained Momentum

OPTIONSMART MORNING UPDATE: Gained Momentum 1. OUTLOOK. Financial and commodity-related shares led the advance. The Group of 20 said over the weekend that it would keep economic stimulus in place. Large traders had been holding out f ...
November 10th, 2009 at 7:14 am

OPTIONSMART MORNING UPDATE: Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK. Despite a downward start as a result of disappointing jobs data, the tech sector managed to make an upward turn in the early going, then spent the rest of the session chopping si ...
November 8th, 2009 at 8:53 am

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