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Hot Option Plays: S&Ps Holding 1300
Posted on May 31, 2012 at 14:44 PM EDT
Cusick Corner 05-31-2012 All flights seem to be to Safety. With Volatility, VIX, now up 20%, the market has been carving out a choppy move to the downside. Technicians are looking at the 1300 level as critical support for the S&Ps and a break of 1300 could get the market potentially to the 1280 range. [...]

Cusick Corner 05-31-2012
All flights seem to be to Safety. With Volatility, VIX, now up 20%, the market has been carving out a choppy move to the downside. Technicians are looking at the 1300 level as critical support for the S&Ps and a break of 1300 could get the market potentially to the 1280 range. The problems in the EU right now are problems for the US, causing a heat up or the rise in the Dollar which is now a potential safety trade — a negative flag for not only Equities but also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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