OPTIONSMART MORNING UPDATE: Sunday Edition
October 11th, 2009 at 5:51 am
|
|
OPTIONSMART MORNING UPDATE: Sunday Edition |
||
|
1. OUTLOOK: OUTLOOK: Unlike recent sessions, the advance came in the face of a stronger U.S. dollar. The run was fueled by Alcoa better-than-expected profit report, a bigger-than-expected drop in jobless claims, and the first rise in monthly retail sales figures in a year. The Commerce Department report showed that exports rose, adding to bets that the global economy is recovering. Market breadth was positive and lighter than average. Next week investors could get the clearest indication yet of whether revenues are growing again for U.S. companies as a number of bellwethers are likely to see a benefit from the dollar's weakness. The earnings schedule features Intel, IBM and General Electric that stand to benefit the most from the U.S. dollar's steep decline in the third quarter. Among other companies scheduled to report next week are Citigroup, Goldman Sachs , Google, etc. However, market expectations are not too high. |
|||
|
2. TRADING OPPORTUNITY: none |
|||
|
3. OUR FREE
MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE WITH
PARTICIPATING BROKERAGES:
to be published in late
October.
|
|||
|
4. TOP FOUR REASONS TO PREFER DEBIT SPREADS AS A TRADING VEHICLE
|
|||
|
5. SPECIAL OFFER: Don't miss the upcoming year-end rally and upgrade your free subscription to our flag-ship product - QQQQ Enhanced Portfolio! Here is the most recent example. We have closed on Friday the QQQQ Jan 38/40 debit call spread with a 10% gain just in six days! The 2009 track record is really outstanding: 100% (65 of 65) winning trades with average gain of 12% in two weeks. Our subscribers have already more than tripled their portfolios since January 2009! Save 10% on recurring subscriptions by entering coupon code 24F8 during checkout (expires Monday, October 12, 2009). New subscribers only. Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!
|
|||
