Quiet start again this morning. The SPX was up each day last week (albeit, small up days, so only about 1% higher on the week), with light volume throughout, but marking the fifth straight week …
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Trade Update July 13th, 2012 at 10:30am: Since buying the GE Aug 19/17 put spread on June 22nd at 0.30, GE has basically gone up, then back down. The stock is trading around where I initially …
Continue readingHere is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm: General Electric is the oldest of global industrial companies. Its main business units range from energy infrastructure, …
Continue readingWSJ Economics: 8:30 a.m. ET: In the really important indicator of the day, we get weekly jobless claims. Economists expect to see 400,000, up from 395,000 the week before. They’re just guessing 400,000 every week …
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