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Gasoline Remains On Fire
This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.08 cents to $57.19 a share. The UGA is just $1.00 shy of last weeks 52 week high of $58.16 a share. Short term traders should watch for intra-day resistance around the $57.50 area. Should the UGA pullback intra-day, the $56.80 level will be short term support. The UGA remains very strong on the daily chart at this time. ...Continue reading here: http://bit.ly/y25HvR
Chinese Internet Stocks Signal Trouble
This afternoon, many of the leading Chinese internet stocks are coming under some distribution. Last night, China reported some economic data that was below analysts expectations. This tells us that the world's hottest economy could be cooling off. Any slowdown in China could be problematic for the global economy. ...Continue reading here: http://bit.ly/zoIGQj
Market Update From An Elite Pro
General Market Update
Stocks are flat on the session as volume is extremely light. Not only was there no earth shattering news over the weekend but all eyes are now focused on the FOMC Policy Meeting this week. This is making for a market that will end neutral to higher. ...Continue reading here: http://bit.ly/yRp5Ak
European Debt Crisis: Here Is The Trade
Many of the leading European banks are now diverging from the U.S. banks, this tells us that the European debt crisis is far from over. In this Weekly Market Report we will examine three leading European banks using daily charts. The stocks discussed in this report are all trading under the daily chart 200 moving average, which is a sign of weak relative strength for the European bank stocks. The opposite is true for the U.S. banks, as J.P. Morgan Chase & co (NYSE:JPM), Bank of America Corp (NYSE:BAC), and Wells Fargo & Co (NYSE:WFC) are all trading above the daily chart 50, and 200 moving averages, which is a sign of strength on the charts. ...Continue reading here: http://bit.ly/zC33oX
Financial Stocks Start Lower
This morning, all of the leading financial stocks are struggling to catch a bid higher. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) is trading lower by 0.05 cents to $14.85 a share. Traders should watch for intra-day support around the $14.75, and $14.60 levels. The daily chart of the XLF remains in an uptrend and above of the important moving averages. ...Continue reading here: http://bit.ly/y8Y0qu
European Banks Diverge From U.S. Banks
This morning, most of the leading European banks are coming under some early selling pressure. Meanwhile, the leading financial stocks in the United States are trading higher on the day. Traders can easily look at a J.P. Morgan Chase & Co (NYSE:JPM) and see that the stock is now trading higher by 0.75 cents to $41.20 a share. This is a new eight month high for JPM. On the flip side, leading European stocks such as UBS AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Credit Suisse Group (NYSE:CS) are all trading lower on the session. It is also important to note that all of the European banks are weaker on the daily charts as they remain below the October 2011 highs. ...Continue reading here: http://bit.ly/xCi6dK
Retail Stocks Getting Scary
Retail remains extremely hot. As many retail stocks continue to make new 52 week highs, many investors wonder if it will ever stop. The answer is yes, and it may be sooner than later. Tomorrow, the Non Farm Payrolls Report will be released. This will show the world how many jobs were created in the last month. It is estimated that 200,000 were added. Should this number fall short, retail may suddenly get very weak. ...Continue reading here: http://bit.ly/zKZgVm
Stocks Perfectly Negate Biggest Sell Day Of 2012
The market pushed higher again today. The last two trading days erased the sharp Tuesday decline. The collapse on Tuesday was the biggest point drop of 2012. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.76, +1.07 (0.79%). While most amateurs have regained their bullish composure, the true pro traders are still skeptical. With the SPY hovering at gap fill and the markets yet to take out their 52 week highs, the bullish case is still lacking. ...Continue reading here: http://bit.ly/zO5DI5
Home-builder Stocks Try To Build A Foundation
Most of the leading home-builder stocks are trading higher this morning. The home-builder stocks have been some of the top market leaders since the October 4, 2011 low pivot in the major indexes. The SPDR Home-builder ETF (NYSEARCA:XHB) remains in an uptrend at this time. The XHB continues to trade above the important daily chart 50 moving average which is a sign of strength. ...continue reading here: http://bit.ly/yeIcfy
Has Exxon Mobil Run Out Of Gas?
This morning, Exxon Mobil Corp (NYSE:XOM) is trading lower by 0.89 cents to $84.93 a share. This leading stock is not participating in the early morning stock rally. XOM stock is the second largest stock by market capitalization behind Apple Inc (NASDAQ:AAPL). In other words, XOM stock can move markets as it is a major part of the Dow Jones Industrial Average. Short term traders can watch for intra-day support around the the $84.75, and $84.00 levels. The daily chart will have near term support around the $83.75 area. ...Continue reading here: http://bit.ly/zPCQbE
First Solar Master Level
As I stated a week ago, First Solar, Inc. (NASDAQ:FSLR) would break through the 52 week lows and head far lower. The target price I gave for the move was $24.50. Today, FSLR is trading at $25.75, -1.88 (-6.79%). The master level is nearing. This call has played out beautifully. ...Continue reading here: http://bit.ly/yRDY7y
Today: Snap Back Rally Or Bearish Consolidation
The markets are experiencing a bounce back from the sharp drop yesterday. After falling $2.00 yesterday, the SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $135.65, +0.98 (+0.73%). Wall Street is looking at this bounce and wondering if it is a snap back rally that will lead to new highs or just technical bounce, prior to more selling. ...Continue reading here:http://bit.ly/wwmE2A
Cloud Stocks Float
This morning, all of the leading cloud computing stocks are catching a bid higher. Yesterday, the cloud computing stocks were sold off with the major stock market indexes. One of the leading cloud computing stocks that are trading higher today is Rackspace Hosting Inc (NYSE:RAX). This stock is trading higher by 0.41 cents to $51.73 a share. Short term traders should watch for intra-day resistance around the $52.57 and $53.25 levels. RAX stock is still trading above the daily chart 50 moving average which tells us that the stock still has strength. ...Continue reading here: http://bit.ly/yZzfU4
Transports Could Be Set For Short Term Rebound
Many of the leading transportation stocks have sold off recently. The railroad stocks have been some of the sharpest decliners in the transport sector. Many of these leading stocks are now trading around short term daily chart support levels. Stocks such as Union Pacific Corp (NYSE:UNP), CSX Corp (NYSE:CSX) and Norfolk Southern Corp (NYSE:NSC) are all trading in positive territory this morning. It is important to note that all of the leading railroad stocks are now trading below the daily chart 50, and 200 moving averages. This chart formation puts these stocks in a weak technical position at this time, therefore, the bounces from the current support levels could be short lived. ...Continue reading here: http://bit.ly/xFbDlS
European Stock Indexes Slide Deep Into The Red
All of the leading European stock indexes have been declining since the opening bell rang at the New York Stock Exchange. Fear is starting to spread in the market as many investors are expecting some European countries to need another bailout. The Institute for International Finance warned that a disorderly default by Greece would likely force Italy and Spain to seek financial aid. Portugal and Ireland have also been rumored to need a second bailout and everyone is now wondering where this new money is going to come from. The European Central Bank (ECB) has already loaned out over $1 trillion to European banks via its Long Term Refinancing Operation (LTRO). ...Continue reading here: http://bit.ly/wu9V0W
Agriculture Stocks Get Buried
This morning, all of the leading agriculture stocks are coming under heavy selling pressure along with the major stock market indexes. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is trading lower by $1.24 to $50.72 a share. The MOO should have some short term daily chart support around the $50.00 level. The MOO will have intra-day support around the $50.50 area. ...Continue reading here: http://bit.ly/x4iHhC
Retail Strong But At Warning Level
Regardless of the market weakness today, retail is doing well. The Merrill Lynch Retail HOLDRS ETF (NYSEARCA:RTH) is trading at $40.00, +0.04 (+0.10%). This is one of the most extended sectors in the market but still showing strength. ...Continue reading here: http://bit.ly/zuxbns
Markets Dragged Lower With Key Stock Setups
The markets are seeing some selling on worries stemming from China and Europe. China lowered its growth rate to 7.5%. This is bearish for the entire globe as most advanced economies rely on China. In addition, European issues have started to bubble up again. Things with Greece are getting messy and Spain has said they will not meet the spending cuts required by the bailout of 2011. These raise new concerns of a European defaults. ...Continue reading here: http://bit.ly/zJbwU9
Defense Stocks Are Telling Of Major Market Events
Defense stocks have been sneaking under the radar lately as the major stock indexes make new 52 week highs. Most investors will only take notice of these stocks when a war or some type of new conflict takes place. However, it is these stocks that will often react positive before any important military event occurs. It is well documented that their could be a crisis brewing in the Middle East with Iran, and Israel. While there have been tensions in the region for years now, this time oil is involved and that effects the lives of almost everyone in the world. The leading defense stocks have steadily been on the rise since late September 2011. In this Weekly Market Report, we will review three leading defense stocks and find where these stealth market leaders will face important chart resistance. The resistance levels located in this report will serve as powerful trading points and dictate where the stocks should see selling pressure. ...Continue reading here: http://bit.ly/zGm5JZ
Energy Retreats Early And Here Is Why
This morning, spot oil and many of the leading energy stocks are pulling back. As you know, oil has been surging higher since mid-December 2011. Yesterday, oil spiked higher after a false report cited a fire in a Saudi Arabian oil field. While geopolitical events and weather can effect energy prices, it is usually the weaker U.S. Dollar that will cause energy and most other commodities to rise. Today, spot crude is declining lower by $1.38 to $107.36 a barrel. Please note the U.S. Dollar Index futures (DX- H2) are trading higher 0.64 cent to $79.48 per contract. Should the U.S. Dollar Index decline throughout the session one could expect oil and the energy stocks to catch a bid higher off of the morning lows. ...Continue reading here: http://bit.ly/ysBj8S
First Solar Key Levels
First Solar, Inc. (NASDAQ:FSLR) is trading at $30.38, -1.92 (-5.94%). The stock continues to get hit after reporting quarterly results that did not meet expectations. While this news has sent the stock price lower, many traders are looking for the bottom. The key is to look at the chart and discover the next major support levels. The first obvious level is the 52 week low. The stock price is coming coming into that level at $29.87. This will be a double bottom and a support level. ...Continue reading here: http://bit.ly/zwLPs5
The Shady Reason For A Bank Stock Surge
Stocks are moving higher today on the back of the banking sector. Banks are surging today as the ISDA (International Swaps and Derivatives Association) decided not to declare Greece in bankruptcy. This is positive for the banks as they will not take massive losses (as of now). Ultimately, it is just a short term stay of execution but one that is causing the banks to surge higher and lift the market. Interestingly enough, one might wonder who the main players that have influence in the ISDA decision are? The answer is simple and obvious, JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group, Inc. (NYSE:GS), Morgan Stanley (NYSE:MS). Essentially, it is self serving and not surprising they did not vote to declare the bankruptcy. ...Continue reading here: http://bit.ly/xcmgnZ
Oil Service Stocks Are Lagging Crude
Crude oil has been surging higher as of late. On December 16, 2011 light sweet crude was trading as low as $92.52 a share. A few days ago crude traded near $110.00 a barrel. This morning, the highly followed and traded United States Oil Fund (NYSEARCA:USO) is trading higher by 0.30 cents to $41.22 share. Oil remains in a very strong uptrend on the daily charts at this time. ...Continue reading here: http://bit.ly/wSC6wu
Gold Miners Try To Dig Out Of Yesterday's Hole
This morning, all of the leading gold mining stocks are ticking higher. Yesterday, gold, silver, and leading mining stocks were slammed sharply lower as the U.S. Dollar Index rallied. Traders should realize that when markets stage an outside day on heavy volume it is usually an indication of lower prices to come. The popular and highly traded Market Vectors Gold Miners ETF (NYSEARCA:GDX) is trading higher by 0.12 cents to $55.52 a share. The daily chart is signaling that the GDX will sell down to the $52.00 area before reaching some near term support. Short term traders can watch for intra-day support around the $54.67 and $54.00 levels. ...Continue reading here: http://bit.ly/ykYmdm
Railroad Stocks Get Derailed
This afternoon, the leading railroad stocks are declining lower. Traders and investors will look to the railroad stocks and the transportation stocks as an economic barometer. When this industry group declines or trades lower it is sign that things could be slowing down in the economy. The opposite is true when this sector rallies and trades higher, it is generally a sign of economic expansion. ...Continue reading here: http://bit.ly/zqbcui
Major Cracks Emerge As The Market Downfall Begins
Gold and silver collapsed in epic fashion as the Dollar had a rare sharp spike intra-day. This was just one of the reasons for the market fall off new 52 week highs. In this article, I will show you why the markets are ready to fall and on the verge of a steep correction. ...Continue reading here: http://bit.ly/z7qMLn
This Chart Says It All
This morning, the U.S. Dollar Index futures (ES H2) have surged higher from the morning lows. As we all should know by now, when the dollar climbs the stock and commodity markets will deflate and trade lower. That is ecactly what we are seeing this morning as the major stock indexes such as the Powershares QQQ Trust (NASDAQ:QQQ), SPDR S&P 500 Trust (NYSEARCA:SPY), and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) have faded from earlier highs. ...Continue reading here: http://bit.ly/wjIsov
Home-builder Stocks Show Early Weakness
The home-builder stocks are now on everyone's radar. These stocks have soared since the stock market bottomed on October 4, 2011. The home-builder stocks have gone from laggard to leader as almost every talking head in the financial media continues to call for a low in the housing market. ...Continue reading here: http://bit.ly/A850Jl
Third Time The Charm For Dow 13K?
The Dow Jones Industrial Average again pushed above 13,000 intra day. This is the third time in the last week it has happened, yet each time the market has pulled back into the 4PM ET close. The big question is being asked, is the third time the charm for the Dow? In terms of understanding proprietary counts and levels, today is very important. Should the markets close back below that level it could actually mean a pull back is coming instead of further upside. Stay tuned and pay close attention. ...Continue reading here: http://bit.ly/AcWq5P
Metals Not Confirming Market Strength
The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January and has since chopped sideways while the markets have gone higher. In addition, stocks like United States Steel Corporation (NYSE:X) topped out weeks ago and have been pulling back. ...Continue reading here: http://bit.ly/AghlGK
Financial Stocks Still Tell The Tale
This morning, all of the leading financial stocks are holding up after an early morning dip. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. As long as JPM holds up it is very difficult to see the major stock market indexes stage any meaningful decline. Traders that follow JPM stock can watch for intra-day resistance around the $38.25, and $38.50 levels. ...Continue reading here: http://bit.ly/zBrYWj
Metal And Mining Stocks Are In Play
The leading base metal and mining stocks all started the day declining at the open. This is common to see when the U.S. Dollar Index is strong before the opening bell. Leading stocks such as Freeport McMoRan Copper & Gold Inc (NYSE:FCX), BHP Billiton Ltd (NYSE:BHP), Southern Copper Corp (NYSE:SCCO), and Vale SA (NYSE:VALE) will usually trade inverse to the U.S. Dollar. These stocks have rebounded off of their morning lows as soon as the U.S. Dollar Index declined. Nearly everyday that the U.S. Dollar Index starts strong it will fade or sell off once the opening bell rings at the New York Stock Exchange. ...Continue reading here: http://bit.ly/yT3Iyj
The Chart That Dominates The World
There is simply no chart in the world that is more important than the U.S. Dollar Index. The U.S. Dollar Indexmeasures the performance of the U.S. Dollar against a basket of six leading currencies including the Euro(58.6%), Japanese Yen (12.6%), Pound Sterling (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and the Swiss Franc (3.6%). Traders can follow CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC), CurrencyShares Japanese Yen Trust (NYSEARCA:FXY), and the CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) and see how they react wit the U.S. Dollar. ...Continue reading here: http://bit.ly/z0tInK
Oil Service Stocks Pause Despite Geopolitical Events
Almost everyone that trades energy or the oil service stocks is talking about the Iranian situation in the Middle East. The tensions in the region seem to be building on a daily basis. This event is certainly keeping a bid in the oil and energy markets. Normally, these geopolitical events will keep a bid under the oil service stocks, however, at some point that will change. That is why it is best to use charts and not rely on the news when trading. ...Continue reading here: http://bit.ly/z2IUMS
How High Can The Euro Dollar Go?
The EUR/USD (Euro Dollar) bottomed on January 13, 2012 at 1.262 from a severely oversold technical condition. Since that time, the EUR/USD has surged sharply higher and is now trading into the 1.329 level. This type of robust rebound is very common after such a steep downdraft. In fact, the EUR/USD still could have some more upside left in the tank before another major pullback takes place. ...Continue reading here: http://bit.ly/xRn7e1
Financials Could Signal There Is A Chink In The Armour
The financial stocks have now lead the major stock indexes higher since late November 2011. Traders and investors that have followed the financial sector very closely know that every crisis over the past five years has been a banking crisis. Even today, the problems in the European Union are simply just more banking problems. This afternoon, the financial stocks are all trading slightly lower on the day. The popular and highly traded Financial Select Sector SPDR Fund (NYSEARCA:XLF) is trading lower by 0.17 cents to $14.60 a share. This is the first time in 2012 that the financial stocks are showing some signs of weakness. The action today is nothing to be alarmed about yet, however, it is worth noting. ...Continue reading here: http://bit.ly/zJnY74
Key Upside Silver Level To Short
The iShares Silver Trust (ETF) (NYSEARCA:SLV) has had a great run in 2012. Many traders are wondering when it will start to collapse back down. The key is to look at the chart. By looking at the chart you can discover key entries and exits on longs and shorts that will make you millions. ..Continue reading here: http://bit.ly/AqHrIa
Cracks In The Market Emerge, Downside Imminent
The markets are seeing red today with the SPDR S&P 500 ETF (NYSEARCA:SPY) trading at $135.86, -0.60 (-0.44%). After Greece received its second bailout over the holiday weekend, the markets have started to show major cracks. Interestingly enough, this is happening just as the retail investor is jumping back into the market. This is setting up for a sell off and pivot top of 2012. Yes, you heard it first here, we are close, if not at the highs of 2012. ...Continue reading here: http://bit.ly/zSwJdf
Airline Stocks Descend As Oil Soars
All of the major airline stocks have been coming under some heavy selling pressure since early February 2012. The catalyst for the decline in the airlines sector has been the sharp increase in oil. Crude has been soaring higher by more than $100.00 a barrel since early February and this happens to coincide with the decline in the airline stocks. Yesterday, spot crude closed at over $106.00 a barrel, and this is a problematic number for the airline industry. All of the leading airline stocks still look to have further weakness ahead. ...Continue reading here: http://bit.ly/wrusaY
Gold Miners Are Stuck In A Ditch
This morning, all of the leading gold mining stocks seem to be under some slight selling pressure. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) is trading lower this morning by 0.34 cents to $55.48 a share. The daily chart for the GDX remains very range bound at this time. The GDX has made a series of lower highs since November 2011 and this is a sign of weakness. The high end of the trading range would be around the $58.00 area, the low end of the range is around the $50.00 level. Short term traders should watch for intra-day support around the $55.00, and $54.00 levels. ...Continue reading here: http://bit.ly/xlabJG
Gold Rush
This morning, the precious metals are trading sharply higher. The catalyst for the advance in gold, and silver is the weaker U.S. Dollar Index, and the pledge by central banks to keep easy money available. Last night, the People Bank of China (Chinese central bank) cut reserve requirements for lenders. This is just another example of easy credit. All of these similar actions by the central banks around the world are inflationary and that is exactly what gold and most other precious metals are saying to us today. ...Continue reading here: http://bit.ly/wSjBEC
Gasoline On Fire
This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.45 cents to $55.50 a share. This tells us that gasoline prices at the pump are going to be higher if you have not noticed already. The average price for a gallon of regular gasoline in the United States is $3.57 according to AAA. High gasoline prices are a direct tax on the U.S. consumer. It is always important to remember that consumer spending accounts for roughly 70.0 percent of the gross domestic product in the United States. Short term traders should watch for intra-day resistance on the UGA around the $56.00 level. ...Continue reading here: http://bit.ly/yYehsP
Gold And Silver Stuck In A Holding Pattern
The SPDR Gold Shares (NYSEARCA:GLD) and the iShares Silver Trust (NYSEARCA:SLV) are both trading slightly lower this morning. These two precious metals will usually trade inverse to the U.S. Dollar, therefore, traders should follow the dollar closely. Short term traders can watch for intra-day support on the GLD around the $167.00, and $166.00 levels. The SLV will have intra-day support around the $32.25, and $31.80 levels.
Chinese Internet Stocks Are The Weak Link Today
This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine for BIDU at the moment. ...Continue reading here: http://bit.ly/xs8pep
Markets Advance As Options Ex Whips Continue
This has been a classic options expiration week. Options expiration is known for whipping up and down, taking money from call and put holders. After weeks of a market that just floated higher, this week saw major up and down moves. Even the epic stock Apple Inc. (NASDAQ:AAPL) has seen a massive rise and fall this week. ...Continue reading here: http://bit.ly/zgeSiq
Semiconductors Keep Nasdaq In the Green
This morning, the big three leading technology stocks are all trading lower. They are Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), and Google Inc (NASDAQ:GOOG). These three stocks will usually dominate the action in the NASDAQ Composite and the NASDAQ 100 Index, however, today it is the semiconductor stocks that are keeping the tech heavy index in the green. The Market Vectors Semiconductor ETF (NYSEARCA:SMH) is trading higher by 0.30 cents to $34.79 a share. Short term traders can watch for intra-day resistance on the SMH around the $34.85, and $35.05 levels. The daily chart for the SMH continues to hold up well. ...Continue reading here: http://bit.ly/AD6YlL
Retail Stocks Hold Steady So Far
This morning, the retail sector is showing some strength. The popular Market Vectors Retail ETF (NYSEARCA:RTH) is trading higher by 0.06 cents to $39.50 a share. Traders can watch for intra-day resistance around the $39.58, and $39.70 levels. The daily chart remains strong and in an uptrend at this time. When the retail stocks hold up and trade higher this is a sign of consumer spending. It is important to note that consumer spending accounts for roughly 70.0 percent of the gross domestic product (GDP) in the United States. ...Continue reading here: http://bit.ly/wSnCgs
Transports Tank With Apple
This afternoon, the sell off in Apple Inc (NASDAQ:AAPL) is dominating the headlines. This is the steepest decline on the major stock market indexes that we have seen since in 2012. One industry group that is dropping sharply lower is the transportation stocks. The iShares Dow Jones Transportation Index ETF is trading lower by $2.13 to $92.12 a share. This is the biggest decline on the transport index since December 19, 2012. The IYT will have intra-day support around the $92.00, and $91.40 levels. ...Continue reading here: http://bit.ly/wcjXrW
Tata Motors At Major Resistance Plus Topping Tail
Tata Motors Limited (NYSE:TTM) has had an epic move higher since the new year. On the last trading day of 2011, Tata Motors closed at $16.90. The high of today was $28.74. When finding a good short opportunity, a pro trader must look at the daily chart and find the best resistance point. This level is clearly between $28.75 and $29.00. In other words, this level has been tagged as of today. In addition, there is a topping tail forming on the daily chart. A topping tail is a great short signal. ...Continue reading here: http://bit.ly/vZ4RAN
Beware of Whipsaw Wednesday
The Wednesday before options expiration is usually the most volatile trading session of the week. We call this trading day 'Whipsaw Wednesday' as the action will usually be very erratic. This is a time when the large institutional traders will try and shake out the small retail options traders that is playing the near term expiration. As it goes in life, the big fish will most often eat the little fish, it is no different in the stock market during the week of options expiration. ...Continue reading here: http://bit.ly/zhaYSY
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