OPTIONSMART MORNING UPDATE: Looking for direction
July 30th, 2009 at 8:28 am|
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OPTIONSMART MORNING UPDATE: Looking for direction |
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1. OUTLOOK: The weaker durable goods orders report dragged the market down. Yahoo-Microsoft partnership failed to ignite the tech sector. The "Beige Book" showed that economic activity remained weak. The market showed little reaction to the report. Market breadth was negative. On the Nasdaq, decliners topped advancers eight to five. US futures point to a higher open.
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2. TRADING OPPORTUNITY: n/a |
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3. OUR FREE MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE
WITH OUR PARTNER
BROKERAGES:
to be published in Aug.
Our most recent Free Pick: QQQQ Sep
34/36 Debit Call Spread: Bought @1.32 on 06/22/09 and
sold @1.46 on 07/16/09 with a 10.6% in 24
days!
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expertise to build their wealth. Learn more about OptionSmart and find out how to use our services. |
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