Markets formed double doji the past two days. This is setting up for a major move. There is more leaning towards the downside, so I drew out major support on the SPX and COMP. January resistance is most important for the RUT, also drawn out. The DJIA has support at the 50-day MA (10370). There is one big variable, which is this morning’s plethora of reports. In the event that we gap down below intraday support, expect continuation. Schedule from Briefing.com is below.
What’s with TIVO?
Rumour =short-squeeze?
Bought $TIVO 15.84/85
Sold $TIVO 15.90 – no faith yet
By the time the “news” was “released” the stock was already over $15
ZANE omfg
cut half $CPE swing 3.63
Bought $AIG 27.14
not comfortable yet. sold $AIG 27.17
Bought $DNDN 35.3599/37
sold half $DNDN 35.14
sold other half $DNDN 34.91/92
cno
ttwo overnight
TNH story?
Div cut?
10-k cash apparently shows they will have to cut
I have not checked this myself
Bought $X 58.65
Sold half $X 58.78
Sold other 1/2 $X 58.70 limit
watch $AIG at day’s highs
closed $MDVN 12.5 calls .50, -.75.
will be removing entire $CPE swing today, from 2.80/90s.
stxs
Bought $X 58.79
Sold half $X 58.89
Sold 1/4 $X 59.01 limit
Sold final 1/4 $X 58.98
watch $PARD for possible trade
always keep an alert set on this one
that drug they are working on is aimed at a $4B market
(cant help myself trying to figure out what’s going on behind the charts)
nice weekend everyone – looks like spring
tivo 17.57
1/3 off at 17.67
the rest at 17.62
cno at 5.93, 5.96
out at 5.90
cno 5.93
out 5.96