Tuesday, August 20, 2013
Will Coral Make Money On The Morrow?
It was a bit of a waste today as I abandoned some ultra bearish plays in favour of better levels on SPY $166 puts for fear that my SPXU calls will get sold if we go range-bound instead of postal.
My AAPL fun also lost short term momentum and I jumped into some FB instead as FB calls could be had for only a fraction of AAPL ones. I added some V and IBM puts in case any of these go deeply, deeply in the money. I missed an opportunity on my XOM and SPG puts, but have positioned myself with new V and IBM puts so that I can ride these through until September for another dose of small risk, big reward.
Tomorrow's hopefully going to be huge - yoooooooooouuuuuuuj - as we have FOMC Minutes + Existing Home Sales + HSBC Flash Manufacturing PMI.
-1.46% SBA
-0.44% Roth IRA
-0.05% DJIA
+0.68% Nasdaq
+0.38% S&P
-0.19% FTSE
-0.80% Eurofirst
-2.63% Nikkei
-0.62% Shanghai
-0.34% SENSEX
-2.20% Hang Seng
-2.04% WTI
+0.16% Brent
+0.42% Gold
-0.03% Copper
-1.98% Corn
+0.65% EUR/USD
+0.38% EUR/JPY
-0.48% EUR/GBP
+0.90% DJT
-1.39% VIX
-2.43% 10-Year US Treasury Notes
71% Advancing Issues on NYSE | 72% Up Volume
27% Declining Issues on NYSE | 27% Down Volume
2% Unchanged | 1% Unchanged
29 New Highs | 284 New Lows
71% Advancing Issues on Nasdaq | 76% Up Volume
26% Declining Issues on Nasdaq | 19% Down Volume
3% Unchanged | 5% Unchanged
50 New Highs | 45 New Lows
Today's Major Headlines:
Goldman Faces Losses On Erroneous Trades
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