OPTIONSMART MORNING UPDATE: Finished flat
December 31st, 2009 at 3:28 amOPTIONSMART MORNING UPDATE: Finished flat 1. OUTLOOK: The market spent almost the entire session trading with moderate losses until some late support helped the major indices improve their position and settle at afternoon highs near the n ...
OPTIONSMART MORNING UPDATE: Unable to hold gains
December 30th, 2009 at 5:25 amOPTIONSMART MORNING UPDATE: Unable to hold gains 1. OUTLOOK:Consumer confidence rose in December, hitting the highest point in three months thanks to a better outlook on jobs. However, this positive news failed to ignite the market. Nokia ...
OPTIONSMART MORNING UPDATE: Hit new highs
December 29th, 2009 at 4:43 amOPTIONSMART MORNING UPDATE: Hit new highs 1. OUTLOOK: Stocks finished higher on optimism about a recovery in retail sales. Among others movers, Fannie Mae and Freddie Mac both rallied after the Treasury Department removed its $400 billion ...
OPTIONSMART MORNING UPDATE: Sunday Edition
December 27th, 2009 at 7:10 amOPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: The market ended at new 2009 highs. Upbeat reports on the labor market and durable goods orders fueled optimism about the economic recovery.upbeat reports on the labor market and dura ...
OPTIONSMART MORNING UPDATE: Finished in the green
December 24th, 2009 at 3:34 amOPTIONSMART MORNING UPDATE: Finished in the green 1. OUTLOOK: Internet retailers were in favor. Ebay jumped 4.5%. They teamed with large-cap tech to drive the Nasdaq to another new 52-week highs. It's noteworthy that the market has moved ...
OPTIONSMART MORNING UPDATE: Extended gains in thin trading
December 23rd, 2009 at 3:45 amOPTIONSMART MORNING UPDATE: Extended gains in thin trading 1. OUTLOOK: Stocks rose for a third day after two economic reports continued to fuel optimism. The WSJ reported that CBS and Disney are considering participating in Apple's plan t ...
OPTIONSMART MORNING UPDATE: In rally mode
December 22nd, 2009 at 2:09 amOPTIONSMART MORNING UPDATE: In rally mode 1. OUTLOOK: Investors cheered a combination of analyst upgrades and corporate deal-making. Tech stocks advanced after Barclays Capital upgraded Intel. Shares of the semiconductor giant rose 2.4%. ...
OPTIONSMART MORNING UPDATE: Sunday Edition
December 20th, 2009 at 2:51 amOPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: RIMM and ORCL both announced earnings results that exceeded analysts' expectations. The positive surprises helped bring buyers back into the action after they had stepped to the sidel ...
OPTIONSMART MORNING UPDATE: Plunged on global jitters
December 18th, 2009 at 6:04 amOPTIONSMART MORNING UPDATE: Plunged on global jitters 1. OUTLOOK: Stiff selling on heavy volume came as the greenback spiked against foreign currencies. After the market close Thursday, Oracle reported a profit of 39 cents a share versus ...
OPTIONSMART MORNING UPDATE: Unable to hold early gains
December 16th, 2009 at 9:30 pmOPTIONSMART MORNING UPDATE: Unable to hold early gains 1. OUTLOOK: The Nasdaq was even able to log a fresh 52-week high. However, broader market support faded in the wake of the latest statement from the FOMC. The Fed's statement singled ...