This July 20 Expiry Date Is Not Going To Be Kind...

Unless something drastic happens, I've got a few options issues due to expire worthless - including CSCO, MRK, EWJ, NMR, and SPXU.  

My CSCO calls are just 4.9% away from current market price, but momentum is clearly lacking.  

The so-called 'accelerated share buyback' on MRK also failed to push volume to the upside in a meaningful way and as it stands, my calls are 14.27% away from current market price.

And don't mention NMR!  It was just dimes away from reaching my strike price of $10, but after a major correction, it's now 20.62% out of the money.  Sad but true!

New thing I'm watching for: 50 SMA to fall below the 200 SMA on the S&P chart... could be some time before it happens, but if and when it does, it may be time to become a semi-bear again.  Nearly every time this has happened, we've had a major stock market crash - or at least a substantial correction...

1521's the number!  If puts get really inexpensive around that area, I might get into some long term ones...

-4.21% SBA
-0.45% Roth IRA

+0.12% DJIA
+0.32% Nasdaq
+0.28% S&P 

+0.24% FTSE
+0.63% Eurofirst
+0.11% Nikkei
-1.01% Shanghai
+0.49% SENSEX
+0.28% Hang Seng

+0.51% WTI
+0.49% Brent
-1.39% Gold
-1.83% Copper
-1.15% Corn

+0.50% USD/JPY
+0.65% EUR/GBP

+0.78% DJT
-4.16% VIX

-1.62% 10-Year US Treasury Notes

65% Advancing Issues on NYSE  |  63% Up Volume
32% Declining Issues on NYSE   |  35% Down Volume
3% Unchanged                        |  2% Unchanged


56% Advancing Issues on Nasdaq   |   63% Up Volume
40% Declining Issues on Nasdaq    |   35% Down Volume
4% Unchanged                            |   2% Unchanged