Wonder if this would tank ISPs: http://www.cnet.com/news/president-obama-calls-on-fcc-to-keep-internet-free-and-open/
Got short this morning. This 2040 area is what I've been looking for so I came full size with this one.
Limited drop today. Low volume. Holiday. Bond market closed no red this week other than China news Wednesday evening. They could run this thing to 2050 before any significant drop and pull it bad to 2000 inky to close at 2045 for the year. Individual stocks are hard to peg. You got some momos off the top today. Then you got tesla trying to fill a gap at 254$ and pcln up $20. Really hard to figure on the equity side
I agree that we might run to 2045, but I like the risk to reward here on a swing trade. I got in near 37 this morning so I see my risk as about 10 points. For a swing trade I'm comfortable with this entry.
interesting day with the momentum stocks flying off the handle..cmg pcln tsla then you had a nflx reversal at 394 confirming the top trading range. And yelp going off at the end.
Nice negative overnight moves. I still think drawdown can be 2017 then 2000. It's hard to tell what equity down movers there are yet.
there was a huge order of 10,000 contracts executed on the IWM jan 2015 $ 117 puts at $3.49 today. at 11:15 est.
DANG looks like an interesting play here. They're having an "investor analyst day" on Monday, and an earnings release later this month on November 25th. Looks like the market is hoping for something big.